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State University of New York Chancellor Nancy Zimpher made the announcemengt Friday atthe college’s Fullere Road campus. Currently, the college offer only master’s and doctoral programs. Some undergraduates courses will be offered in the but the first full class of about 50 studentsz will start in the saidRobert Geer, vice presidentg of academic affairs at the The college plans to grow the freshmanj class to 300 to 500 in the next four or five said Alain Kaloyeros, the college’s vice presiden and CEO. The baccalaureate prograkm will be funded througbha $10 million endowment, a donation that includeas an undisclosed amount from G.
Thomae Selfridge, who owns The endowment is expectec to covertuition costs, Kaloyerosx said. Selfridge also made an endowment when the campus openedin 2001. The statde approved the four-year program two weeks ago. Initially, Albany Nanotech will not add to its stafft of55 professors, Geer said, but that number is expectedx to grow to 75 over the next five Friday’s announcement was another mileston for the Albany NanoTech where the college is located. Earliedr this week, officials there announced that federal and state investments at the campusz hadtopped $5 billion. Employment has also exceede d the 2,500-mark.
That’s the number of researchers, engineers, students and faculty that now work atthe 800,000-square-foogt complex. With an average salarh of $81,000, those numberzs translate to an annual payrollof $202 Albany NanoTech opened its fourt building, NanoFab 300 East, this past spring. Zimpher becamew chancellor June 1. She is touring SUNY campuses over the nextfew
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