F O R  I M M E D I A T E  R E L E A S E Contact: Irene Villaverde (914) 654-5235

THE COLLEGE OF NEW ROCHELLE
TO RECEIVE $4.2 MILLION FROM NEW YORK STATE

NEW ROCHELLE, NY, May 16, 2008– The College of New Rochelle (CNR) will receive $4.2 million dollars from New York State - part of the $52 million New York State Higher Education Capital Matching Grants Program (HECap)funding approved by the HE Cap Board last week.  The HECap program requires a three to one (non-State to State) match by institutions. Grants may be used for the design, construction, acquisition or renovation of facilities. CNR will use the grant monies toward construction costs for its new Wellness Center.

New York State Senator Suzi Oppenheimer and Assemblyman George Latimer, both of whom have supported Wellness Center initiatives through their offices, were instrumental in securing the HECap funding for the College. "When the state legislature approved HECap funding, we envisioned the construction of critical academic facilities such as The College of New Rochelle's Wellness Center,” said Senator Oppenheimer. “The Center will enable The College to further its commitment to providing wellness education to its students and the greater community."  
 
Assemblyman George Latimer adds, "When you add together state funding being provided through HECap and funds being raised by colleges all across the state, hundreds of millions of dollars are being invested in academic facilities. Through these HECap projects, colleges like CNR are not only expanding educational opportunities but creating skilled construction jobs and providing valuable services to their local communities."

Other Westchester County institutions to received funding through the program include Iona College, Manhattanville and Pace University.The list of approved projects is available at http://www.dasny.org/dasny/hecap/index.php. Institutions that have not yet applied for HECap allocation have until March 31, 2009 to apply.