1ST SUMMIT BANK Donates $2,500 To The EITC Fund
Posted December 12, 2024 at 10:10 amThe Pennsylvania Highlands Community College Foundation has received a $2,500 donation from 1ST SUMMIT BANK. This contribution will be directed towards the College’s Educational Income Tax Credit (EITC) fund.
The donation will empower the bank and other institutions to provide valuable support to the educational initiatives offered by the College.
This contribution plays a pivotal role in facilitating reduced-price class offerings for students enrolled in the Accelerated College Education (ACE) Program or participating in dual enrollment.
“Both 1ST SUMMIT BANK and the Penn Highlands ACE/Dual Enrollment program play vital roles in enhancing educational opportunities and supporting the overall well-being of the community,” stated Carole VanMeter, Director of the Foundation. “1ST SUMMIT BANK’s generous donation ensures the College can continue to offer these affordable educational opportunities to our community.”
EITC provides high school students with the opportunity to enroll in college-level courses. By earning credits through this program, students can explore the offerings of Penn Highlands and gain valuable insights into their prospects.
“We are thrilled to be able to take advantage of the Education Improvement Tax Credit program, which allows us to allocate some of our tax dollars directly to those institutions within our market area that provide quality education,” stated Eric Renner, President and CEO of 1ST SUMMIT BANK. “Penn Highlands Community College is a tremendous resource for adults of all ages to grow their knowledge and advance their careers. It is a true honor to have a part in supporting that growth in our market.”
Since 2023, the EITC Program has received over $30,000 in funding. enabling the College to provide over 2,000 participating students with more than 7,000 credits at discounted rates.