Press

HFS Federal Credit Union offers $45,000 in scholarships

HILO, HI (January 2, 2024) — HFS Federal Credit Union is devoted to the success of every milestone in the lives of its members and community, offering tools and personalized support for every stage of life. This includes offering solutions to the ever-increasing cost of higher education and the challenges students face in planning and preparing to go to college.

Since 2012, HFS has helped to relieve some of the financial stress that comes with pursuing a college degree by awarding over 100 scholarships to student members totaling over $244,000. Previous recipients and applicants have expressed their desire to pursue a college degree so they can return to the Big Island to serve the community and take care of the land and people they grew up with. Recipients have gone on to study in fields such as Physical Therapy, Astrophysics, Wildlife Science, Political Science and Government Affairs, Material Science and Engineering, and Medical Diagnostic Sonography.

Applications for the 2024 HFS Scholarship Program are now being accepted online from current Big Island high school seniors in the graduating class of 2024 and existing college students. This year, the Credit Union has increased the amount of each scholarship to $3,000 each and will be awarding scholarships to ten (10) Big Island graduating seniors and five (5) current college students. A total of $45,000 will be awarded to qualified applicants who are the future positive contributors and leaders in our community.

Student members of HFS pursuing higher education full-time at an accredited 2 or 4 year Vocational-Technical School, College, or University in the 2024 – 2025 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 hfsfcu.org or inquire with their high school counselors. Completed applications with supporting documents must be submitted online no later than Thursday, February 29, 2024.

For more information about HFS FCU and additional eligibility criteria, contact the Credit Union at (808) 930-1400, visit www.hfsfcu.org 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.