With the cost of attending a college or university going up every year, Ascentra Credit Union is dedicated to creating opportunities for members to pay for higher education in the form of the Ascentra Credit Union Scholarship Competition. The competition is now underway with a total of $10,000 in scholarships available to Ascentra members planning to further their education starting the 2017 – 2018 school year.
The ten scholarships are awarded to students as follows:
- Five $1,000 scholarships for high school students planning to enter college
- Five $1,000 scholarships for members age 19 or over, considered non-traditional or continuing education students
“With Americans owing $1.3 billion in student debt, now more than ever it’s very important that we provide this scholarship opportunity to our members as well as providing financial literacy presentations and supporting education initiatives in our region,” said Ascentra President and CEO Dale Owen.
The scholarship entrants will be judged on a 500-word essay on the topic, “How do credit unions distinguish themselves from other financial institutions?”
All entries are judged on their essay, resume, awards, extracurricular activities, volunteer services and work experience. Deadline for the Ascentra Scholarship Competition is March 1, 2017. Applications and official rules may be picked up at any of our branches or found online at www.ascentra.org/scholarships. There members can find information on other scholarships.
Awarding a total of $10,000 in scholarships is another way Ascentra Credit Union recognizes that financial planning and education is essential to lifetime success for its members and the community.