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Business Majors Capture Honors

FEI Presents Scholarships, Award

Shown at the FEI awards event are, from left, Tim Grady, Prof. J. Stephen Collins and Tim Casaletto.


Christine Gillette

Three College of Management students were recently honored for their academic excellence by the Boston chapter of Financial Executives International (FEI).

Tim Casaletto, Tim Grady and Asia Astavatsaturian were among 23 students from 10 schools around the region recognized by FEI for their outstanding leadership and academic achievement. Casaletto and Grady were among 13 juniors who received scholarships while Astavatsaturian was among the 10 seniors honored as Outstanding Graduating Students.

Astavatsaturian is a Tewksbury resident who recently received her degree in accounting. She was nominated for the award by UMass Lowell’s Department of Accounting.

Casaletto, who is from Leominster, is concentrating in accounting and finance, and Grady, from Dracut, is majoring in accounting.

UMass Lowell has had at least one scholarship winner in the four years since the University became represented in the organization, according to Prof. J. Stephen Collins, who is an FEI member. Each FEI member who works at a college or university in the Boston area can submit scholarship applications from no more than two juniors to compete against entrants from other schools represented in the organization, says Collins. Students are selected for the scholarship based on their academic record, leadership and extracurricular activities and an essay.

FEI, founded in 1931 as the Controllers Institute of America, is a premier professional association for senior and mid-level corporate financial managers with members around the world.

The awards were presented in a ceremony held at the Newton Marriott.