Alumni Michael and Lucille Ferdinandi Support the Power of Opportunity through Scholarship Fund
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By Kimberly Conway Dumpson
Dr. V. Michael Ferdinandi 71 and his wife, Mrs. Lucille Ferdinandi 70, have donated a $1.227 million planned gift establishing the V. Michael and Lucille Ferdinandi Endowed Scholarship, the second largest such gift in the college s history. This transformational gift, dedicated to supporting first-time, full-time freshmen enrolled at Rhode Island College who possess financial need and high academic standing, is renewable for up to four years and may cover the cost of tuition, housing, books, and other related expenses associated with matriculation at Rhode Island College, says Ed Pacheco, executive director of the Rhode Island College Foundation, who stewarded the gift s development.