Friday,  October 25, 2013, Newton, MA—Mount Ida College has signed its first collaborative agreement with Santander Bank’s Global Division, Santander Universities, which will allow the College’s Center for Global Connections  to enhance its international travel study abroad programs, including offering financial aid to students who would not otherwise be able to participate in its international travel abroad programs.

The new agreement was signed by Barry Brown, President of Mount Ida College and Roman Blanco, CEO of Santander Holdings USA and Santander Bank, formerly Sovereign Bank during yesterday’s on-campus ceremony with distinguished guests from both institutions.

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In signing the agreement, President Brown stated, “Mount Ida College prepares students to launch successful careers. In today’s global economy, gaining international experience prior to graduation is essential. Santander Universities and Santander Bank recognize this and share our common purpose for which we are grateful. We are proud to have Santander and Santander Universities as a partner in supporting international study at Mount Ida.”

The Center for Global Connections at Mount Ida College was established to promote understanding of globalization on campus and in the classroom and to offer students and faculty a diverse range of study abroad opportunities. Since its founding, the Center has been responsible for connecting domestic and international students on campus for educational and social programming, facilitating the smooth transition of our international students into American college life and giving a growing number of students the opportunity to travel abroad, including Semester at Sea and study and internship experiences in Europe, China and Australia, to name just a few.

About Santander Universities

The Santander Universities program was launched in 1996. With this program, Banco Santander supports, through its local affiliates like Santander Bank, formerly Sovereign Bank, the higher education sector in such areas as teaching and research, international cooperation, knowledge and technology transfer, entrepreneurial initiatives, student mobility, and innovation.
The agreements Santander Universities sign represent long-term partnerships with participating universities. Santander’s support is customized to each university, which means that they can develop their educational and research priorities, and maximize the benefits of Santander Universities’ global scope. To learn more about Santander Universities, please visit www.santanderuniversities.us.

About Mount Ida College

Founded in 1899, Mount Ida College is a small, private college in Newton, Massachusetts that provides career-focused programs built upon a strong foundation of social sciences, humanities, and the arts—all to prepare our students for achievement in their chosen careers, and in life. With a tight-knit, inclusive community, a diverse student body, winning NCAA Division III sports teams, a beautiful and safe suburban campus, and a vibrant school spirit, Mount Ida is the place where students become the best version of themselves. To learn more about our undergraduate, graduate and continuing education programs, visit the College’s website at www.mountida.edu.

October 21, 2013, Newton, MA—Mount Ida College is pleased to announce that it is a proud sponsor of the inaugural event of the N² Innovation Corridor Initiative on Wednesday, October 23, 2013 from 5 p.m. to 7 p.m. at Digital Reality in Needham. The Newton Needham Chamber of Commerce, in conjunction with the Massachusetts Office of Housing and Economic Development, the City of Newton and the Town of Needham, began working on the N² Innovation Corridor last summer.

The initiative is designed to bring together public and private stakeholders to attract and support the corridor adjacent to I-95 in the Newton-Needham area as a destination for technology companies, start-ups and other innovators. The effort has grown into a coalition of large and small area businesses, innovators, developers, and local officials. To learn more about this new initiative, visit N² Innovation Corridor Initiative’s new website.

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Mount Ida College President Barry Brown stated, “We are proud to support the N² Innovation Corridor Initiative. Our proximity to this vital economic corridor opens up exciting opportunities for business and industry and to our students through the creation of mutually beneficial strategic internship and employment relationships.”

Mount Ida College will be represented well at the kick-off event, including members of our Office of Career Services and student leaders from our business and marketing club, DECA. There is still time to register for the N² Innovation Corridor kick-off event.

Founded in 1899, Mount Ida College is a small private college in Newton, Mass. that provides career-focused programs built upon a strong foundation of social sciences, humanities and the arts—all to prepare our students for achievement in their chosen careers, and life.

Newton, MA, August 29, 2013—Today, Sovereign Bank, N.A., a wholly-owned subsidiary of Santander Holdings USA and one of the 25 largest retail banks in the United States, issued a press release announcing its launch of the first university smart cards in the U.S. The cards will be provided as a result of agreements that Sovereign Bank, through its Santander Universities division, formalized with Mount Ida College in Newton, Massachusetts, in addition to Wheelock College in Boston. Smart cards enable students, faculty and staff to access buildings, use school services, and for the first time, link directly to a Sovereign Bank account.

The ability to link identification cards to gain entry, utilize institutional services and conduct banking is an example of the growing trend reflecting consumer preferences prioritizing both secure access and convenience in making financial transactions.

Sovereign Bank’s desire to build strong relationships with U.S. higher education institutions and students through its Santander Universities arm, led to its commitment to provide these cards to local colleges and universities. Santander issued its first university smart card through its Santander Universities Global Division in 1996. It is now a leading issuer of bank-connected smart cards for higher education institutions having provided more than six million cards to university students around the world.

“We are thrilled to support Mount Ida College and Wheelock College in their efforts to enhance services by launching this new banking functionality for students, faculty and staff. The ability to link their ID cards to a Sovereign checking account will benefit smart card users by providing greater flexibility, safety and convenience when accessing their money to pay for books, supplies, meals and any of their other needs both on and off campus,” said Eduardo Garrido, Director of Santander Universities. “We look forward to working with other colleges and universities to support their students and staff members in the same way.”

“The convenience of the smart card was greatly attractive, but our principal concern was ensuring the personal and financial security of our students. With Santander Universities’ proven experience in providing secure access to universities and students around the world, it was able to meet the high security standards that are very important to us,” said Barry Brown, President of Mount Ida College.

The banking functionality of the smart card is optional and must be activated before use at one of Sovereign Bank’s branches. Unlike a credit card or pre-paid debit card, the Santander University smart card can be linked to bank accounts, making it easier for students and their parents to seamlessly manage spending during the school year.  The smart card can be used for both on and off campus services and provides users with the option to make either ATM or PIN-based debit transactions linked to a Sovereign checking account.

Sovereign Bank offers a special student checking account that has no monthly fee and requires no minimum balance. Students, faculty and staff will be able to access cash or transfer money at no cost at all Sovereign ATMs.   As part of the agreements with Mount Ida College, Sovereign Bank ATMs will be installed in the student activity centers at each school.

Santander University smart cards have both chips and magnetic stripes, allowing the school to make timely enhancements to their security standards and services in a way that is easy for the school and the users.

To sign up for your Sovereign checking account at Mount Ida College, visit the college’s website.