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New Mexico State University

New Mexico State University

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Wells Fargo Foundation invests in NMSU outreach, scholarships

Thanks to a new gift from the Wells Fargo Foundation, 10 programs throughout the New Mexico State University system will receive a total of $53,250 that supports outreach and scholarship efforts.

A young girl on a computer.
Jade Collins works on a game design build using Scratch during a workshop with NMSU's Young Women in Computing program. It’s one of 10 programs supported by a new gift from the Wells Fargo Foundation. (Courtesy photo)

A handful of the awarded programs serve NMSU’s K-12 outreach mission, including Innoventure; the 2018 Girl’s Tech Camp – Girlhood: Remixed; and Young Women in Computing. All three programs, impacting nearly 1,300 students, focus on instilling young students with STEM and entrepreneurial skills, specifically those in underrepresented races, genders and socioeconomic backgrounds.

“The NMSU Foundation works with programs across the university system to find the necessary funding that expands their impact across New Mexico,” said Tina Byford, interim vice president of university advancement. “The Wells Fargo Foundation is a true partner in that cause. Their belief in NMSU’s strong K-12 outreach efforts, along with supporting current NMSU students, is the perfect model for vital business-education partnerships we look to create at NMSU.”

For current students, the Wells Fargo Foundation awarded nearly $7,000 to the President’s Associates Scholars – the NMSU Foundation’s premier scholarship program for New Mexico high school students. The organization also devoted a portion of its gift for scholarship matching funds to be used on NMSU’s Giving Tuesday set for November 27.

Along with providing scholarship assistance, the Wells Fargo Foundation has a major interest in helping students manage their money. NMSU’s Red to Green Financial Wellness program, supported with $15,000 of the total gift, addresses the nationwide student debt of roughly $1.3 million and offers NMSU students the resources, workshops and financial literacy fairs that equip them for better financial planning. About 4,000 students each year, 60 percent of whom are Hispanic or Latino, access these resources or make appointments for confidential one-on-one financial coaching.

All of these gifts follow a history of investments from the Wells Fargo Foundation, totaling more than $354,000 since the start of the Ignite Aggie Discovery campaign – the largest cash campaign in university history.

“We are honored by our relationship with New Mexico State University, and it’s a privilege to support the university’s educational mission,” said Wells Fargo New Mexico Business Banking Manager Ryan McGrath.