A landmark donation of $4 million has been presented to Ramapo College of New Jersey, marking the largest single contribution in its history. This generous gift, from Susan Vallario, chair of the Board of Trustees, and her husband Nick, includes a substantial endowment aimed at enhancing the Presidential Scholarship program. The initiative seeks to attract top-tier high school graduates within the state, reversing trends of students seeking education elsewhere. By bolstering student well-being, preparing for digital futures, and nurturing local talent, this donation aligns with Ramapo's strategic vision, Boldly Ascending. It also supports broader statewide efforts promoting the value of higher education in New Jersey.
In a transformative move, the Vallarios have established a $2 million endowment that will now bear their names. This fund is set to significantly impact the college by supporting exceptional students who exemplify academic excellence. According to President Cindy R. Jebb, this generous act underscores Ramapo’s commitment as the state-designated public liberal arts institution, fostering problem-solving leaders and ethical innovators needed globally. The initiative complements ongoing efforts initiated last October by the Office of the Secretary of Higher Education and the Higher Education Student Assistance Authority to highlight the affordability and accessibility of New Jersey degrees.
The Vallarios' involvement with Ramapo spans over a decade, marked by philanthropic contributions, advisory roles, and leadership support. Their pivotal role in campaigns like the Peter P. Mercer Learning Commons demonstrates their dedication. Susan Vallario, with an extensive background in law and corporate real estate, has served on the college's board since 2015 and as its chair since 2020. Her educational journey includes a bachelor’s and master’s from Lehigh University and a juris doctorate from Pace University School of Law, enriching her professional experience and community engagement.
This generous donation not only strengthens Ramapo College's financial foundation but also amplifies its mission to cultivate capable leaders. By investing in student success through scholarships and strategic initiatives, the college continues to affirm its role in shaping the future of New Jersey and beyond. Such contributions ensure the college remains a beacon of opportunity for aspiring scholars across the region.