MIDDLETOWN, RI (February 19, 2014) -- People’s Credit Union is pleased to offer two scholarship opportunities to deserving students.
The People’s Credit Union 8th Grade Scholarship will be awarded to one 8th grader in the amount of $500.00 in each city/town that People’s has an office. The recipients of the scholarship will have a chance to increase the scholarship amount each year of high school to a maximum of $1,000. The scholarship will increase by $50.00 for every final grade that is an A and $25.00 for every final grade that is a B beginning in the 9th through 12th grade.
Scholarship applications must be submitted to People’s Credit Union by April 30, 2014. Winners will be notified no later than June 1, 2014. This is the seventh year People’s is offering the scholarship.
The Credit Union is also accepting applications for the Credit Union Association of Rhode Island (CUARI) College Scholarship. CUARI will award eight $500.00 scholarships to full-time students currently enrolled in or accepted to a college or university undergraduate program for the 2014 school year. Students who are members of People’s Credit Union or parent(s) or guardian(s) are members are eligible to apply. Submissions must be received by April 2, 2014.
Both scholarship applications are available online at peoplescu.com or at any of People’s six branch locations.
Headquartered in Rhode Island, People’s Credit Union serves members through six locations in Bristol, Middletown, Newport, North Kingstown, Portsmouth and Wakefield. People’s, a member-owned, state chartered, federally insured, community credit union established in 1922. Membership is open to all individuals. Deposits are insured up to $250,000 by the National Credit Union Administration (NCUA), an agency of the federal government. For more information about People’s Credit Union visit peoplescu.com.