Lubin Students to Get Broader Choice of International Travel Experiences Thanks to $1,000,000 Gift

If you’re an exceptional undergraduate in Pace University’s noted Lubin School of Business, regardless of your economic circumstances you will soon be able to participate in expanded international travel experiences and field studies to important national economies like those of Japan, India and Brazil.

Contact: Bill Caldwell, Office of Public Information, Pace University, 212-346-1597, wcaldwell@pace.edu

FOR IMMEDIATE RELEASE

ADVANCED UNDERGRADUATE STUDENTS AT PACE UNIVERSITY’S LUBIN SCHOOL OF BUSINESS TO GET BROADER CHOICE OF INTERNATIONAL TRAVEL EXPERIENCES THANKS TO GIFT OF $1,000,000

NEW YORK, NY, JULY 12, 2007 – If you’re an exceptional undergraduate in Pace University’s noted Lubin School of Business, regardless of your economic circumstances you will soon be able to participate in expanded international travel experiences and field studies to important national economies like those of Japan, India and Brazil.

Pace University today announced the creation of a $1,000,000 fund that is expected to let students enrolled in the Lubin Leaders and Scholars honors program make their international travel experience requirement more meaningful and affordable.

The extraordinary gift was made possible through the generosity of the Figueroa Family of Westchester, NY. Howard Figueroa, who died in 2000, was an executive at IBM Corporation where, during a long career, he held top level positions including that of Corporate Senior Vice President, General Manager of Corporate Intellectual Property and President of the IBM Americas-Far East Division. He is survived by his wife and their three children: Janice Figueroa, Vice President at The Corcoran Group; Bruce Figueroa, Senior Vice President, Nonprofit Group at Citizens Bank; and David Figueroa, CFO at Vanguard Managed Solutions.

The gift was acknowledged by Pace University President Stephen J. Friedman and Lubin Dean Joseph Baczko at a small gathering in the 18th floor Board Room of the University’s downtown Manhattan campus at One Pace Plaza. Also in attendance were Janice Figueroa; Professor Eric Kessler, Director of the Lubin Leaders and Scholars Program; and Joseph DiBenedetto, Professor of Accounting and a friend of the Figueroa family. Though no one in the Figueroa family is an alumnus or alumna of Pace University, the family had earmarked its gift in support of international education initiatives in memory of Howard Figueroa’s extensive multinational business experience.

In his words of thanks, Dean Baczko noted: “This is a most generous and significant gift which will enable dozens of qualified Lubin students to take part in a study abroad experience which would not have been financially possible without the support of the Figueroa family. The Lubin Leaders and Scholars Program is considerably strengthened by this gift and will, as a result, continue to attract the highest level business students.”

The Lubin Leaders and Scholars Program provides a select group of outstanding BBA students with an enhanced, challenging, and rewarding academic experience to prepare them for leadership positions in business.

The gift comes at a time when Pace University has just announced the launch of a $100 million capital campaign – the most ambitious in its 100 year history – set to run through 2010.

Pace’s Lubin School of Business is accredited for both business and accounting by AACSB International, an elite distinction shared by fewer than 3% of business schools worldwide. Over 4,000 students are enrolled in Lubin’s undergraduate and graduate programs in Downtown and Midtown New York City, and Pleasantville and White Plains in Westchester County, New York. www.pace.edu/lubin.

A private metropolitan university, Pace has campuses in New York City and Westchester County, New York, enrolling nearly 13,500 students in bachelor’s, master’s, and doctoral programs in the Dyson College of Arts and Sciences, Lienhard School of Nursing, Lubin School of Business, School of Education, School of Law, and Seidenberg School of Computer Science and Information Systems. www.pace.edu.

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