Academic funding available: Annual PSECU scholarship program now open
HARRISBURG, PA (September 28, 2018) — PSECU, Pennsylvania’s largest credit union, opened the application period for its annual scholarship program today. The program awards six scholarships – valued at up to $8,000 each – to graduating high school seniors to help reduce the financial burden of pursuing postsecondary education. Since its inception in 1997, the PSECU scholarship program has awarded more than half a million dollars in scholarships to over 100 students.
“We’re proud to announce that the application period for this year’s round of PSECU scholarships is now open, and we look forward to continuing to help students reach their educational goals,” said PSECU President Greg Smith. “The application is available for completion online at psecu.com/scholarships.”
Each winner will receive a $2,000-per-year scholarship that is renewable for up to four years based on the fulfillment of set academic requirements, including GPA. The total potential value of each scholarship is $8,000 per student.
“We at PSECU understand that paying for higher education can be a challenge,” said Sara Weiser, PSECU Financial Education Manager. “That’s why, in the credit union ‘people helping people’ spirit, we make the annual PSECU scholarship available for students. It is our hope that through this merit-based support, coupled with offerings from our financial education program – WalletWorks – and the PSECU blog, students have the resources they need for success.”
To qualify for PSECU’s 2019 scholarship program, applicants must:
- Be a current PSECU member (by December 31, 2018). Note that a student who is a joint owner on an account is NOT automatically a member. The student must have a custodial account or have his or her own separate account.
- Be a high school senior graduating in spring 2019
- Plan to attend a two- or four-year college or university
Completed applications must be submitted by noon (ET) on Thursday, February 28, 2019 to be considered. For more information or to apply, visit psecu.com/scholarships.
Opened in 1934, PSECU was founded by 22 ordinary people who pooled $90 and made an extraordinary commitment to each other: To create a financial institution where collective resources benefit all members. Today, PSECU continues that legacy as Pennsylvania’s largest credit union, with $8 billion in assets, more than 500,000 members, and a convenient anytime, anywhere digital-first banking model. For more information about PSECU, visit psecu.com. PSECU has been recognized as a Best-In-State Credit Union by Forbes. View its Year In Review to learn how PSECU contributes to the greater good.