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College awarded generous donation

SAN MARCOS — Cal San Marcos recently announced the receipt of a $50,000 donation from LPL Financial, one of the nation’s leading financial services companies and the largest independent broker-dealer, headquartered in Boston, Charlotte and San Diego. The gift will provide scholarships for College of Business Administration students; support CoBA’s new Student Value Improvement Program, a recently launched program aimed at providing students with a holistic business education; and provide funding to ACE Scholars Services, a program that supports former foster youth in their efforts to obtain a college education.
A total of $29,000 has been designated for six scholarships for business students, five at $5,000 and one at $4,000. Recipients must be juniors or seniors who have achieved business status (not pre-business) and a 3.25 cumulative GPA. Students must have filled out the 2010-2011 General Scholarship Application and essay due earlier this spring to be considered for this opportunity.
“With this pilot program, we are looking to provide a holistic approach that combines the strong academic foundation found in our curriculum with a broad range of opportunities for personal maturation and professional growth,” said CoBA Dean Dennis Guseman. “We are extremely appreciative of the generous gift LPL Financial provided for both the scholarships and the VIP program. These funds will ensure financial viability for the future of this important and life-changing program as well as help ease the financial burden on our students.”
LPL Financial has also designated $6,000 to ACE Scholars Services for general operational expenses. ACE Scholars Services is a comprehensive program that supports former foster youth in their efforts to obtain a college education. ACE supports ambitious former foster youth exiting the system or transferring from a community college and provides the much needed guidance and financial assistance to ensure the students success at Cal State San Marcos.