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Montgomery College Secures $200,000 Grant for Business Student Scholarships NASDAQ OMX Educational Foundation’s Gift to Support Students in College’s Macklin Business Institute Honors Program
Montgomery College recently secured a two-year grant totaling $200,000 from The NASDAQ OMX Educational Foundation to support an existing endowed scholarship fund for students participating in the Gordon and Marilyn Macklin Business Institute Honors Program (MBI) at Montgomery College. This is the foundation’s second grant to Montgomery College, a multi-campus community college in Montgomery County, Maryland.
“Montgomery College is proud to continue a partnership with The NASDAQ OMX Educational Foundation,” said Dr. DeRionne Pollard, president of Montgomery College. “The foundation’s support ensures that many more of our students will achieve their goals of becoming successful college graduates and future business leaders.”
The NASDAQ OMX Educational Foundation started an endowed scholarship fund with the Montgomery College Foundation in 2008. Dedicated to the memory of Gordon Macklin, the former president of the National Association of Securities Dealers (NASD) and founder of The NASDAQ Stock Market, the fund helps Montgomery College MBI students with the costs of tuition and related expenses.
“The NASDAQ OMX Educational Foundation dedicates its efforts to supporting and encouraging innovative educational initiatives,” said Joan Conley, senior vice president and corporate secretary of The NASDAQ OMX Group. “Montgomery College and the MBI program both educate and inspire students to become the nation’s future business leaders. We’re excited to offer our support to Montgomery College, and are proud to continue the initiative to help students of the MBI program become successful entrepreneurs and innovators in the business world.”
Through Gordon and Marilyn Macklin’s generosity, Montgomery College established the MBI more than 10 years ago. The innovative business program consists of honors coursework, internships, seminars, a student-run business, and community service opportunities. The program offers a one-year option for sophomore students and a two-year option for recent high school graduates. Graduates transfer to some of the country’s top business schools.
For more information about the Macklin Business Institute at Montgomery College, contact Stephen Lang, program director, at 240-567-1707 or visit http://www.montgomerycollege.edu/macklin/.