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NATIONSBANK DONATES $100,000 TO TWO COLLEGES AT APPALACHIAN

 BOONE, N.C., July 23 /PRNewswire/ -- NationsBank will pledge $100,000 to two colleges at Appalachian State University, a bank official said today (July 23). The gift to the John A. Walker College of Business and the Reich College of Education will be paid over five years.
 "As the South's largest banking company, NationsBank strongly believes that education is our single greatest tool in building a more affluent and stable workforce," said Joel A. Smith III, president of NationsBank Carolina. "Our commitment today to the colleges of business and education at Appalachian allows the university to reach for a new standard of excellence. But what's most important about this pledge is that it's a direct investment in the educational growth of the students at Appalachian."
 The College of Business Unrestricted Fund will receive $60,000. Unrestricted funds are disbursed, at the discretion of the dean, into areas of greatest need. Unrestricted funds typically support scholarships, emergency assistance for students and student international travel.
 The "Impact North Carolina: 21st Century Education" project, housed in the College of Education, will receive $40,000. The NationsBank gift will cover ongoing expenses for this project, which links Appalachian with three public schools. The university and school share video, voice and data through the public telephone network. "Impact" is one of only two projects of its type in the nation.
 "We very much appreciate the generosity of NationsBank in its support of Appalachian," said Dr. Harvey R. Durham, provost and vice chancellor for academic affairs. "The state of North Carolina provides funding for our programs, but only by contributions such as this $100,000 from NationsBank can we expect to reach those high standards of excellence which our faculty have set for our programs and our students."
 Both colleges are known nationally for their programs and services.
 Notable programs in the College of Business include The Richard S. Brantley Risk and Insurance Center, which conducts research and provides continuing education to insurance professionals; the Harlan E. Boyles Distinguished CEO Lecture Series, which brings state business leaders to campus each semester; and the health care management program which has more than 400 alumni holding management positions in the health care industry. Graduates of the accounting program consistently score in the top ranks on the Certified Public Accountant exam. Six first-place finishers in the last nine years were Appalachian graduates.
 The College of Education graduated more than 25 percent of N.C. public school administrators, and 13 percent of state teachers. Its Public School Partnership has won national recognition for strengthening relationships with local school districts, and the Comprehensive Clinic served nearly 2,000 people with speech, language, hearing and reading disabilities last year. Bringing it all Back Home is a program known nationally for its work with emotionally disturbed and delinquent youths and their families. The college's first doctoral program, in educational leadership, began in the fall of 1992.
 -0- 7/23/93
 /CONTACT: Speed Hallman, News Bureau, Appalachian State University, 704-262-2092/
 (NB)


CO: NationsBank Corporation; Appalachian State University ST: North Carolina IN: FIN SU:

CM -- CH002 -- 5185 07/23/93 13:10 EDT
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Publication:PR Newswire
Date:Jul 23, 1993
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