EVANSVILLE, IN (April 30, 2019) — Evansville Teachers Federal Credit Union presented 10 high school seniors whose parents are members of the credit union with $5,000 Ted Hitch Scholarships at a recognition dinner on April 28.
ETFCU is approaching $600,000 in awards granted through its Ted Hitch Scholarship program. This year’s award winners, who attend nine different schools, were chosen from a competitive field of 99 applicants.
This year’s recipients, including college of choice:
The scholarships are named in honor of Theodore “Ted” Hitch Jr., a longtime mathematics teacher at Evansville Bosse High School who championed education. Hitch served as manager/CEO of ETFCU for 28 years, from 1961-1989. He passed away in 2016. Since the scholarships’ implementation in 1993, ETFCU has awarded $570,000 to 230 recipients. The award began with five $1,000 scholarships, increased to ten $2,000 scholarships in 2005, and increased again to ten $5,000 scholarships in 2015.
To be eligible, either the applicant or the applicant’s parents/guardians must be a member of ETFCU. Applications are expected to have a minimum 3.75 unweighted grade point average on a 4.0 grading scale, and the rigorous process includes submission of SAT and/or ACT testing scores, financial need, letters of reference, extracurricular activities, and an essay.
ETFCU was founded by teachers from the Evansville school system and then-Evansville College in 1936, but has long been open to other prospective members and their families. The credit union has more than 212,000 members in all 50 states and eight nations, with assets of $1.8 billion, and leads the Evansville market in mortgage and auto loans.
Tim Ethridge
Evansville Teachers Federal Credit Union
tethridge@etfcu.org
Evansville Teachers Federal Credit Union
4401 Theater Drive Evansville, IN 47716
(812) 477-9271
