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Farmingdale State College Receives $320,000 Gift From Yardi Systems To Support Incoming First Generation And Diverse Students

Farmingdale State College (FSC) today announced it has been awarded a $320,000 gift from Yardi Systems to provide eight (8) students with an annual scholarship, beginning in Fall 2023.

“This is an incredibly generous gift that we are enormously grateful to receive on behalf of our students,” said Matthew Colson, Vice President for Development & Communications. “Yardi is taking a leadership role in improving the futures of our distinctive and diverse community here at FSC. This investment will redefine the scope of opportunity for our students, and is sure to pay dividends far into the future.”

Yardi is a leading provider of software solutions for the real estate industry, providing solutions that increase efficiency and reduce costs for a global client base of public, private and nonprofit organizations.

“Supporting education is a core pillar of Yardi’s corporate philanthropy.  We believe in the life-changing impact of a college degree, especially for first-generation scholars, and we are thrilled to partner with Farmingdale State College to help these students achieve their goals,” said Senior Vice President Jay Shobe.

There will be two incoming Yardi Scholars awarded a year for the next four years. The funding is to be applied directly to tuition, fees, room & board. Students who are eligible to receive the Scholarship must intend to major in, or a discipline related to, business or computer science broadly defined; have a minimum cumulative high school average of 85; and demonstrate additional financial need as reflected by their tuition balance after federal and state financial aid awards as determined by filling out the HESC and/or FAFSA application(s). Additionally, Yardi Scholars are likely to be the first to attend college in their immediate family and to have backgrounds that will contribute to the diversity of the student body in their chosen program.

As the first institution of public higher education on Long Island and one of the largest institutions in the SUNY system, FSC is committed to preparing graduates to be exemplary citizens equipped to excel in a competitive, diverse, and technically dynamic society.

BROLL, credit Farmingdale State College:

Photos, credit Farmingdale State College:

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About Farmingdale State College

Dedicated to student success, Farmingdale State College is a recognized leader in applied learning. With nearly 10,000 students, Farmingdale delivers exceptional student outcomes and opportunities through teaching, scholarship and applied research for Long Island, New York, and beyond. As one of the largest institutions in the State University of New York system, FSC’s commitment to student-centered learning and inclusiveness is unparalleled, preparing graduates to be exemplary citizens equipped to excel in a competitive, diverse, and technically dynamic society.  Farmingdale was the first institution of public higher education on Long Island and has long been a cornerstone of the region’s economy with 96% of graduates working in New York State and 75% working on Long Island. Farmingdale prepares emerging leaders in the growing technology, engineering, business, and health care fields.

The College is home to the Broad Hollow Bioscience Park, which supports the development of biotech start-up companies and partners with surrounding businesses and research institutions along the growing Route 110 Business Corridor. FSC proudly hosts one of New York State’s leading Small Business Development Centers which provides professional business advisement, education, network resources, and advocates for small business and entrepreneurs.


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