The Cape Fear Community College Foundation announced today that as of June 30, the close of the state’s fiscal year, the organization had raised over $1.3 million for student scholarships and academic program support.
“I am thrilled to say that we surpassed our fundraising goal of $1.2 million which was set by our Board of Directors at the beginning of the 2011-12 budget year,” said Margaret Robison, executive director of the CFCC Foundation.
Robison is quick to point out this accomplishment is a group effort.
“First, we must thank our dedicated board members for continually expanding CFCC’s network of support in the community and for their personal commitment to bettering the futures of our students,” said Robison.
“We must also thank the generous employees of CFCC who exemplify quality education in their daily work and internally set the example of supporting students with an amazing 80 percent giving rate.”
In an academic year that has been marked locally with double-digit unemployment, above-average gas prices and lagging home sales, CFCC enrollment remained strong as many residents returned to classes with the hope of increasing their employment prospects.
And despite the challenging economy, the Wilmington community has continued to show support for college education. “We are touched by the ongoing efforts of individuals, corporations, foundations and civic organizations who continue to invest in our students,” said Robison.
“Their financial support is a direct testament to their belief that community college education and work force training are essential to the success of our local economy.”
Nearly 30,000 students enroll at Cape Fear Community College each year in over 78 curriculum and continuing education programs. More than two-thirds of CFCC students require some kind of financial assistance to complete their academic programs; however, 98% of curriculum students report that they are employed or continuing their education at a higher level within a year of graduation. One out of every seven residents of New Hanover and Pender counties has taken a class at CFCC in the past year.