Rabobank Awards $1 Million to Support The Hancock Promise

More than 100 people in attendance at announcement

RabobankDonationFEBRUARY 27, 2018--Gathered in the center of Allan Hancock College’s Santa Maria campus, hundreds of people waited in anticipation as a student musician provided a drumroll to add further suspense. The crowd of students, faculty, staff and special guests oohed and aahed each time a digit written on a giant banner was uncovered. Finally, after the seventh and final digit was revealed, the crowd erupted and the enormity of the donation sank in - Rabobank, N.A. had just pledged $1 million to support The Hancock Promise.

“Our faculty and staff are changing the odds for our community,” said Hancock Superintendent/President Kevin G. Walthers, Ph.D. “The Hancock Promise is critical to that effort, and we are honored to have support from Rabobank.”

The Hancock Promise provides high school graduates with the opportunity to receive their first year free of tuition of fees at Allan Hancock College starting summer 2018. The Hancock Promise is open to anyone who registers at Hancock immediately after graduating in the spring from a high school located in the Allan Hancock Joint Community College District. The district includes Cuyama and northern Santa Barbara County. The Promise also applies to home school students who live within the district. Each Promise student will save more than $1,200 in tuition and fees, receive priority registration and establish an academic plan for success with personalized counseling.

“We are proud to partner with Hancock on this journey,” said Dan Stevens, chief operating officer of Rabobank, N.A. “Expanding access to higher education in northern Santa Barbara County is important to me personally and to local employers like Rabobank. The Hancock Promise will deliver on its name for years to come.”

In recognition of the $1 million gift, the Allan Hancock College Board ofRabobankRendering Trustees and the college’s Associated Student Body Government (ASBG) approved the renaming of the college’s Student Center (building G) to the Rabobank Student Center. The college plans to install new signage to denote the student center dedication this summer in conjunction with additional updates to the building.

“The generous gift helps Allan Hancock College fulfill our promise to the community that anyone who graduates from a high school within our district can receive a college education and their first year tuition free at Allan Hancock College,” said Hilda Zacarías, president of the Allan Hancock College Board of Trustees.  

Rabobank joins a growing list of area businesses and organizations to support The Hancock Promise. The list includes Pacific Gas and Electric (PG&E), Marian Regional Medical Center, Aera Energy, Santa Barbara Foundation, Murphy Family Foundation, Santa Maria Kiwanis Club, Santa Ynez Valley Rotary and Union Bank, just to name a few.

Since launching a $10 million endowment campaign last December, the college has received more than $3 million in gifts and pledges to the endowment.

“The Hancock Promise Fund is a high priority in 2018 for the Allan Hancock College Foundation,” said Guy Walker, a board member of the Allan Hancock College Foundation and the campaign chair. “Over the next five years, our goal is to ensure, in perpetuity, that the Hancock Promise is here to support our students and our community. We are well on our way toward that goal thanks to our Promise Partners like Rabobank.”

For more information about The Hancock Promise, visit www.hancockcollege.edu/promise.

- AHC -

Caption 1: A press conference was held on Tuesday to announce a $1 million gift from Rabobank, N.A. to support The Hancock Promise. To recognize the donation, the Allan Hancock College Board of Trustees and Associated Student Body Government (ASBG) approved the renaming of the college’s Student Center to the Rabobank Student Center.

Caption 2: An artist’s rendering of what the Rabobank Student Center, located at the college’s Santa Maria campus, will look like. New signage and updates to the building are scheduled to begin summer 2018.                                            

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Last Modified Feb 28, 2018