(September 21, 2017) – The board of trustees at Hagerstown Community College recently recognized Citi for its significant contributions to support low-income students at HCC. Over the past several years, Citi has given more than $70,000 in grants to support the needs of this special population of students.
“We are extremely grateful to Citi for helping foster student success and economic development in Washington County,” said HCC President Guy Altieri. “HCC’s Citi scholars have graduated with a variety of credentials in nursing, commercial vehicle transportation, medical assisting, psychology, business, and paralegal studies, so the effects of Citi’s generosity have been far-reaching.”
In 2011, the first grant was used to assist HCC’s Job Training Student Resources program, to provide case management, child care, and transportation assistance to students in career training programs.
Starting in 2012, Citi provided grants to help students who completed secondary school credentials via General Educational Development (GED) testing rather than traditional high school. Since then, 50 low-income students have been assisted via $46,000 in grant funding. Each student received a Citi stipend to help with college and cost of living costs. Ninety percent of those students successfully completed a majority of their classes, and nearly 90 percent graduated within two years of the term in which they were assisted with grant funds.
In 2016, Citi awarded an additional $15,000 to assist low-income students with costs related to achieving their educational goals. That grant is currently underway, with 13 students having received stipends to date.
“At Citi, our mission is to enable growth and economic progress. And what better way to do that than through education. We are proud to support students at Hagerstown Community College. By helping to eliminate barriers to their college success, we hope to make it possible for students to achieve their educational goals and become lifelong learners,” said Cassandra H. Latimer, vice president of communications and public affairs for Citi’s Hagerstown, Md. Operations Center.
Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments, and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.
Caption: Pictured, from left, are: Guy Altieri, HCC president; Anne Shepard, HCC director of grants development; and Cassandra Latimer, vice president of communications and public affairs for Citi.