January 31, 2014
Santander extends study abroad, service grants agreement with College
Santander Universities, a division of Santander Bank, N.A., signed a seven-year agreement extension with the College to provide study abroad diversity and global service-learning grants to students who otherwise might not be able to study and serve abroad.
The commitment builds on a three-year agreement between Santander and PC in 2010 and could impact up to 500 students, estimates Adrian G. Beaulieu, dean of international studies.
The Diversity Scholarship Grants range from $2,500 to $5,000 and assist with direct costs of studying abroad or related expenses such as airfare, visa arrangements, and inoculations. The World Learning and Service Engagement Grants can be up to $3,000 for individual students or more to support group or class projects.
In addition to the grants, Santander signed long-term agreements to provide exclusive banking services on campus, including ATMs, and to serve as the Department of Athletics’ primary sponsor.