Valencia College has received $20,000 from Valley Bank in support of the college’s “First One” campaign, a fund-raising effort to help first-generation, low-income students pursue a college education.
Together with Florida’s First Generation Matching Grant Program (FGMG), which provides a 2-to-1 match of private dollars, the donation will help create $60,000 in scholarships for Valencia students who are the first in their families to go to college.
“We appreciate this donation from Valley. It helps bring us over the finish line to reach our $125,000 goal, which with state matching dollars, will provide a total of $375,000 in new scholarships,” said Geraldine Gallagher, Valencia Foundation president and CEO.
FGMG is a need-based grant program available to degree-seeking undergraduate students, in Florida, who demonstrate substantial financial need, are enrolled at Valencia College, and whose parents have not earned baccalaureate or higher degrees.
“We’re proud to partner with Valencia College and help provide higher education opportunities for students throughout the region,” said Valley Bank Central Florida Regional President. Sam Miles, “This donation will help ease the burden of student debt and supports our vision to make a meaningful and sustainable impact on the communities we serve.”
Students who qualify will be eligible for a scholarship of up to $500 to help offset the costs associated with college, including tuition, books and supplies, expenses that cannot always be met with state or federal aid alone. Information on how to apply can be found at the Valencia College Foundation’s scholarship application portal.