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11/07/2002
Dr. Mastrangelo Provides A Second Chance For Hudson Valley Community College Students

CONTACT: Jeff Foley (518) 629-8085
FOR RELEASE: Immediate, Thursday, November 7, 2002

Thirty-seven of Hudson Valley Community College's most determined and inspiring students will be honored at 2:30 p.m. on Monday, November 11 in the well area of the college's Bulmer Telecommunications Center. The students will receive Second Chance scholarships, which are funded by the Joseph N. Mastrangelo – Ralph C. Arnold Foundation and are administered by the Hudson Valley Community College Foundation.

Dr. Angelo Mastrangelo, the founder of the Joseph N. Mastrangelo – Ralph C. Arnold Foundation, will be on hand for Monday's presentation.

Since its 1980 inception, Dr. Mastrangelo and his wife, Kathleen, have donated approximately $1.8 million to the Joseph N. Mastrangelo – Ralph C. Arnold Foundation. Hudson Valley's relationship with the Mastrangelos began in 1989, when Dr. Mastrangelo, looking to help students with poor academic backgrounds and personal hardships, approached the college. He felt that Hudson Valley's programs, along with its diverse enrollment and nurturing learning environment, would allow him to help at-risk students succeed. That led him to establish the Second Chance scholarships.

The Second Chance scholarships provide financial support to students who are attempting to complete a degree program in spite of hardships. Among the recipients each year are: single parents; international students; people who have battled addictions; and victims of abuse.

The awards are incentive-based, and the amount each student receives is based upon academic performance. The scholarships range from $500 to $1,500 per semester and there is a $250 bonus for students carrying a 4.0 grade point average.

Dr. Mastrangelo, currently a Binghamton University professor, understands the value of hard work and second chances. The grandson of an Italian immigrant factory worker, Dr. Mastrangelo began his professional career as a stock boy after completing high school. In 1980, he became the owner and chief executive of Adirondack Beverages, Inc., a company with annual sales in excess of $60 million.

Hudson Valley's students have received a total of $685,000 from the Joseph N. Mastrangelo – Ralph C. Arnold Foundation. Dr. Mastrangelo's Second Chance scholarships work: 92 percent of Hudson Valley's 312 recipients have earned a degree.

Additionally, the Joseph N. Mastrangelo – Ralph C. Arnold Foundation now provides support to students at The College of Saint Rose, Schenectady County Community College, UAlbany and Broome Community College.

Hudson Valley Community College offers more than 50 degree and certification programs in four academic divisions: Liberal Arts and Sciences; Engineering and Industrial Technologies; Health Sciences; and Business; as well as programs run through the Educational Opportunity Center offering certification programs in workforce and academic preparation. One of 30 community colleges in the State University of New York system, it has an enrollment of more than 11,000 students each year, and is known as a leader in distance learning initiatives and worker retraining.