LANSING, MI (May 6, 2025) |
LAFCU is offering an opportunity to help individuals take charge of their financial well-being through its Pathway to Financial Transformation Essay Contest. The Michigan-based credit union will award four individuals with grants of up to $2,500 each — totaling $10,000 — to help them get a leg up on their financial situations.
Grant funds can be used for nearly anything that will improve each individual’s financial outlook, such as paying down, or paying off debt, including medical bills, student loans, credit cards, and more.
Designed to help strengthen the financial stability of people in the communities LAFCU serves, the essay contest encourages participants to reflect on their financial journey and share how they are working to build a better financial roadmap.
“This grant program aligns with LAFCU’s mission to empower individuals with resources and opportunities that promote financial transformation,” said Shelia Scott, LAFCU community financial education and business development officer. “While these grants solve immediate financial needs, LAFCU also offers a free eight-month educational course for both members and nonmembers, which helps people gain the knowledge they need to more effectively manage their financial futures over the long term.”
To enter, individuals simply submit a one-page, 500-word essay addressing the questions below:
- What choices have you made in the past that have influenced your financial decisions?
- What financial transformations have you achieved in the past 12 months?
- How will this grant help you transform your future financial goals?
Entries will be evaluated on the clarity and strength of the content, and how well they meet the contest requirements, including formatting, spelling and grammar.
For full contest rules, submission instructions, and more information, please visit: www.lafcu.com/ptft. The deadline for entry is May 31, 2025. Winners will be announced June 20.
