Bethpage Federal Credit Union has pledged $100,000 to the Farmingdale State College Nader-Wolverton Student Emergency Fund.
The fund helps support Farmingdale State College students struggling to overcome financial hardship and continue to complete their degrees. The fund can be used for tuition as well as necessities such as food, transportation and emergency campus housing.
Recipients can then obtain full-time employment and realize their earning potential on the path to long-term success.
“This gift is a wonderful example of the truly transformative impact that Bethpage Federal Credit Union has on our region,” John Nader, president of Farmingdale State College, said in a statement.
“The gift will permit deserving students to overcome acute financial hardships and remain at Farmingdale to complete their degrees,” he added. “Bethpage’s generosity will change lives.”
He said recipients of the emergency fund will soon become Farmingdale State graduates who will pursue careers in the region.
“Bethpage is a longtime supporter of Farmingdale State College as an institution committed to catapulting students to a bright future,” Linda Armyn, the credit union’s chief strategy and marketing officer, said in a statement.
“We are honored to have a role in helping these deserving students get the support they need to finish their college education and start their professional journey,” she added.
The Nader-Wolverton Student Emergency Fund is a philanthropic commitment that Nader and his wife Kathy Wolverton have made personally, which has received many generous pledges over the past three years. Donations are accepted online to assist students in need.