M & T Bank established an endowed scholarship, M & T Bank Minority Scholarship at Nyack College in 2006. They continue to make annual contributions toward the principal of the scholarship earmarked for qualified students. Annual earnings from the endowed scholarship fund have provided scholarships to students ranging from $800- $1200.
Bank officers recently visited the college to present a replica of their 2011 donation to the fund in the amount of $6,000. Pictured above is (l-r) Mrs. Jennifer Kooney, vice president, M&T Bank Commercial Banking; Mrs. Dona Schepens, Nyack College assistant treasurer; Dr. Michael G. Scales, Nyack College president; and Mrs. Paula Mandell, senior vice president and president, Tarrytown Division.
Nyack's 2011-12 scholarship recipient is Kelly Mobley, a second year childhood education major, who is from Spanish Harlem and plans to teach in a low-income community after graduation. She currently mentors children from her neighborhood to help them pursue their goals.