FLINT, MI (May 27, 2025) |
Financial Plus Credit Union, in partnership with the Federal Home Loan Bank of Indianapolis (FHLBank Indianapolis), awarded nine $2,500 scholarships to graduating seniors at the International Academy of Flint (IAF) during the school’s Senior Honors Night. The scholarships are part of the Money Masters Scholarship Program, a collaborative effort to promote financial education and inclusion among minority youth.
The program is set to provide IAF with access to a $75,000 scholarship fund over the next three years, with up to $25,000 available annually. Scholarships are designated for students who complete a series of financial literacy requirements and submit a successful application. Each recipient will be awarded $2,500 in scholarship funds, deposited directly into their new Student Checking Accounts provided by Financial Plus.
In preparation for the scholarship awards, Financial Plus led two classroom sessions for IAF seniors and offered one-on-one financial coaching. “These students took the time to invest in their own future by learning about banking, budgeting, credit, and how to navigate paying for college or trade school,” said Derek Lewis, Financial Wellness Specialist at Financial Plus Credit Union. “We’re proud to celebrate their commitment as they take the next big step in their financial journeys.”
“IAF is incredibly grateful for the Money Master’s scholarship program and the doors it is opening for our students. This opportunity not only provides vital financial support but also affirms the potential we see in each of our scholars as they learn about financial literacy through our partnership with Financial Plus and FHLBank Indianapolis. It’s partnerships like these that make a lasting impact—not just on individual students, but on our entire Flint community,” said Traci Cormier, Executive Director at IAF.
The Money Masters Scholarship Program is part of FHLBank Indianapolis’s broader commitment to reducing the wealth and homeownership gaps among minority and underserved communities by promoting early financial education and increasing access to safe, functional banking services. Through partnerships with member institutions, the program helps students gain foundational financial knowledge while also providing direct access to scholarship-funded bank accounts designed to support their long-term financial wellbeing.
To learn more about the Money Masters Scholarship Program, contact Derek Lewis at 810-600-4324 or DLewis@myfpcu.com.
