"HISPANIC HIGHER EDUCATION ADVOCATES HONOR CONGRESSMAN BECERRA, MERRILL LYNCH FOR SUPPORT OF HIGHER EDUCATION
LOS ANGELES, Calif., May 13, 2002 – More than 50 congressional, corporate and educational leaders from Southern California gathered today to honor Congressman Xavier Becerra of Los Angeles and Merrill Lynch for their support of higher education institutions serving large numbers of Hispanic students.
Congressman Becerra was honored for his leadership in gaining federal recognition and funding of institutions serving Hispanic students. The Hispanic Association of Colleges and Universities (HACU) sponsored the luncheon, which was hosted by California State University, Los Angeles, a member of HACU.
“Congressman Xavier Becerra has been a tireless supporter of Hispanic-serving institutions in the U.S. Congress,” said Dr. Antonio Flores, President and CEO of HACU. “From the initial recognition of the importance of these institutions in the Higher Education Act to the on-going effort to secure adequate funding, Congressman Becerra has been a good friend to HACU and to the schools and students we serve.”
Merrill Lynch was honored for its longtime support of higher education, including a $25,000 donation presented to HACU.
“Merrill Lynch is proud to support young people who are attending colleges and universities and gaining the knowledge necessary to succeed in the 21st century,” said Michael Salazar, a Financial Advisor in Brea for Merrill Lynch. “This grant represents an investment in our community and its future.”
Merrill Lynch has provided leadership among Wall Street firms in California by implementing its California Partnership for Economic Achievement, a program that committed nearly a quarter billion dollars to promote economic opportunities in traditionally underserved communities in California. The program, a joint effort with The Greenlining Institute and community organizations, seeks to expand Merrill Lynch's relationships with businesses and individuals in historically underserved communities and promote entrepreneurship and economic development in those communities.
Throughout California, 68 colleges and universities have Hispanic enrollments of at least 25 percent of the total; an additional 26 HACU Associate member institutions have enrollments that are at least ten percent Hispanic. Fifty of the California Hispanic-serving institutions have received more than $27 million under Title V of the Higher Education Act over the last three years.
The Hispanic Association of Colleges and Universities represents more than 315 colleges and universities committed to Hispanic higher education. HACU-Member and Partner Institutions are located in 23 states, Puerto Rico, and 8 countries in Latin America and Spain. The U.S. members represent about 7 percent of all colleges and universities, but enroll 65 percent of all Hispanics in higher education. "
LOS ANGELES, Calif., May 13, 2002 – More than 50 congressional, corporate and educational leaders from Southern California gathered today to honor Congressman Xavier Becerra of Los Angeles and Merrill Lynch for their support of higher education institutions serving large numbers of Hispanic students.
Congressman Becerra was honored for his leadership in gaining federal recognition and funding of institutions serving Hispanic students. The Hispanic Association of Colleges and Universities (HACU) sponsored the luncheon, which was hosted by California State University, Los Angeles, a member of HACU.
“Congressman Xavier Becerra has been a tireless supporter of Hispanic-serving institutions in the U.S. Congress,” said Dr. Antonio Flores, President and CEO of HACU. “From the initial recognition of the importance of these institutions in the Higher Education Act to the on-going effort to secure adequate funding, Congressman Becerra has been a good friend to HACU and to the schools and students we serve.”
Merrill Lynch was honored for its longtime support of higher education, including a $25,000 donation presented to HACU.
“Merrill Lynch is proud to support young people who are attending colleges and universities and gaining the knowledge necessary to succeed in the 21st century,” said Michael Salazar, a Financial Advisor in Brea for Merrill Lynch. “This grant represents an investment in our community and its future.”
Merrill Lynch has provided leadership among Wall Street firms in California by implementing its California Partnership for Economic Achievement, a program that committed nearly a quarter billion dollars to promote economic opportunities in traditionally underserved communities in California. The program, a joint effort with The Greenlining Institute and community organizations, seeks to expand Merrill Lynch's relationships with businesses and individuals in historically underserved communities and promote entrepreneurship and economic development in those communities.
Throughout California, 68 colleges and universities have Hispanic enrollments of at least 25 percent of the total; an additional 26 HACU Associate member institutions have enrollments that are at least ten percent Hispanic. Fifty of the California Hispanic-serving institutions have received more than $27 million under Title V of the Higher Education Act over the last three years.
The Hispanic Association of Colleges and Universities represents more than 315 colleges and universities committed to Hispanic higher education. HACU-Member and Partner Institutions are located in 23 states, Puerto Rico, and 8 countries in Latin America and Spain. The U.S. members represent about 7 percent of all colleges and universities, but enroll 65 percent of all Hispanics in higher education. "