The team nickname is the Pace Setters. Too bad "pacemakers" didn't make it.
13 November 1976, New York Times, pg. 38:
Gerry Owen scored on second-quarter runs of 6 and 3 yards to lead Pace University, the Met 8 Conference champion, to a 21-0 victory over St. Peter's College tonight. Tony Alfero added a 5-yard touchdown run in the third period for the Setters, who are 7-1.