California Lutheran Named Hispanic-Serving Institution

The managing director of investments at Los Angeles-based Wedbush Securities, Inc., Allison Clago has built a successful career in the sector over the past 30 years. A dedicated philanthropist, Allison Clago donates to multiple educational and health causes, including a sizeable gift to establish a scholarship at California Lutheran University.

In 2016, the U.S. Department of Education recognized Cal Lutheran as one of 400 Hispanic-serving institutions (HSI) nationwide. The HSI designation means students of Hispanic origin make up a quarter of the full-time undergraduate population, qualifying the university for federal assistance to support these students' education. Cal Lutheran has reached the 25-percent benchmark for Hispanic students for the past five school years.

While the increase in Latino students is partly due to changing demographics, it also reflects Cal Lutheran’s commitment to diversity and inclusion. The university has made a concerted effort to recruit and admit underrepresented students, particularly those who are first-generation college students. It also strives to achieve increased diversity in faculty and administrative positions to build a more inclusive learning environment.