HFS Federal Credit Union offers $25,000 in scholarships

HILO, HI (January 4, 2022)Preparing to head off to college is an exciting time for many teenagers, but it can also be stressful when the costs of tuition, books, room and board, etc. start to add up. At HFS Federal Credit Union, we understand the burden that these costs can be, which is why the Credit Union has been awarding scholarships to help local students achieve their dreams by decreasing the financial burden that comes with pursuing a higher education. 

The HFS FCU Scholarship program began 10 years ago and, since then, has awarded over $177,000 in scholarships that has helped over 70 student members with their college expenses. The Credit Union is proud to support these young minds that will be the future leaders of the Big Island community and members of the workforce. Previous recipients have gone on to study in fields such as Education, Law, Automotive Mechanics, Fire Science, Art and more. 

The application period for the HFS Scholarship Program is now open for current Big Island high school seniors in the graduating class of 2022 and existing college students. The Credit Union will be awarding a total of $25,000 to selected students. Seven (7) Big Island high school seniors and three (3) college students will be awarded scholarships of $2,500 each. 

Student members of HFS pursuing higher education full-time at an accredited 2 or 4 year Vocational-Technical School, College or University in the 2022 – 2023 academic year are eligible to apply. Recipients will be selected based on a variety of criteria, including: academic performance, achievements and community service. 

For a complete list of requirements and to apply students may visit or inquire with their high school counselors. Completed applications with supporting documents must be submitted online no later than Monday, February 28, 2022. 

For more information about HFS FCU and additional eligibility criteria, contact the Credit Union at (808) 930-1400, visit or stop by any of our branches in Hilo, Kea‘au, Prince Kuhio Plaza, Honoka‘a, Waimea or Kona. You’ll quickly see why HFS is the credit union where caring counts.

About HFS Federal Credit Union

HFS Federal Credit Union (HFS FCU) is the largest not-for-profit and member-owned financial institution on Hawai’i Island. Established by just nine individuals in 1937, HFS started with very humble beginnings. The Credit Union continued to grow from serving just employees of the Federal and Territorial Governments in the County of Hawai‘i and their families, to now offering membership to any person who lives, works, or attends school on Hawai’i Island.


Winnie Makaea
HFS Federal Credit Union
(808) 930-1459


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