Stony Brook University has entered into a beverage partnership with Coca-Cola that will provide more student scholarship opportunities, multi-million dollar sponsorship funding, and a higher level of beverage service.
The selection of Coca-Cola as the University’s beverage partner was made after a competitive bid process, conducted by the Faculty Student Association (FSA). The main goal of the competitive bid was to create a partnership that would deliver increased savings to students, in addition to scholarship opportunities. According to Nadeem Siddiqui, Executive Director of FSA, “Going to college represents a large expense for every student. Our focus was to select a vendor that would provide excellent service, as well as increase funding for scholarships for students to attend Stony Brook University.”
The ten-year contract provides exclusive beverage service of campus vending machines, as well as bottled and fountain beverages at all campus food service operations. It includes beverage service at West Campus, Stony Brook University Hospital, Long Island State Veterans Home, and Stony Brook Southampton.
Beverages such as Coke, Diet Coke, Sprite, Dr. Pepper, Dasani, Powerade, Honest Tea, Simply, Minute Maid, Fuze, Glacéau Smartwater and Glacéau Vitaminwater will now be available throughout campus.The transition to the new vendor began in late June 2018 and will continue over the summer months.
Selecting a vendor that supports sustainability initiatives was also an important consideration in the selection process. Coca-Cola’s sustainability initiatives include more resource-efficient packaging, community recycling systems, using more renewable materials through innovation, sustainable sourcing of all priority ingredients by 2020, water conservation initiatives and education of sustainable water usage.
Providing More Scholarships to Students
The net revenues received from this partnership will benefit the University’s student scholarship program. The contract provisions will continue providing funds for merit-based scholarships benefiting incoming Stony Brook students.
Moreover, the University and the Faculty Student Association are currently working on creating an additional scholarship to benefit students. More details to come soon.
Stony Brook will also have the opportunity to apply for educational grants through the Coca-Cola Foundation, which are aimed at supporting first generation students.