Lackawanna College Receives Large Donation from Peoples Security Bank & Trust
SCRANTON, PA – Lackawanna College received a donation of $45,000 from Peoples Security Bank & Trust. This generous contribution will support the Dual Enrollment Educational Improvement Tax Credit (EITC) Program, which allows high school students to enroll in college-level courses and earn credits while still attending high school.
“We are deeply grateful to Peoples Security Bank & Trust for their support of our mission to enhance educational opportunities for high school students,” Lackawanna College President and Chief Innovation Officer Jill Murray said. “This donation will directly impact the Dual Enrollment Program, opening doors for students to engage in advanced coursework and gain valuable college experience before graduation.”
The Peoples Security Bank & Trust’s donation shows their commitment to education, aligning with Lackawanna College’s mission to provide accessible and affordable education for the communities it supports.
Lackawanna College allows local high school students the opportunity to gain a head start on their college careers through Dual Enrollment courses offered within the hours and confines of their high school. Courses are also available through Lackawanna College’s online program, at our main campus in Scranton, or at our satellite centers in Hawley, Hazleton, Sunbury, Towanda, and Tunkhannock. This program is offered to high schools throughout northeastern Pennsylvania on a contractual basis and a reduced cost.
About the Educational Improvement Tax Credit (EITC) Program
The EITC program is a Pennsylvania tax credit for businesses who donate to an approved nonprofit organization. Lackawanna College is an approved Educational Improvement Organization. Companies contributing to Lackawanna College through EITC can receive significant tax benefits. Approved corporations can receive tax credits equal to 75% of its contribution up to a maximum of $750,000 per taxable year.
In photo from left to right: Senior Vice President – Senior Commercial Loan Officer at Peoples Security Bank & Trust Company Sharon Borgia and Director of College Advancement Amber Riedinger.