Skip to main content

LendKey and Member Student Lending offer $20,000 in student scholarships

LendKey, a pioneer in network digital lending, and Member Student Lending, a leading network of credit unions offering private student loan and student loan refinance lending solutions, today announced they are offering $20,000 in college scholarships.

Twenty merit-based $1,000 scholarships are available to members of the Member Student Lending CUSO credit unions and are one-time awards for high-achieving undergraduate students studying at an accredited four-year college or university.

“LendKey was founded to offer credit unions a better way to provide in-school private student loans and student loan refinancing to their members,” said Vince Passione, Founder and CEO of LendKey. “We know the cost of higher education can be daunting and wanted to give our credit union partners an additional way to help their members."

Initially, LendKey’s scholarship program was designed to offer ten $1,000 scholarships, and Member Student Lending’s Board of Directors agreed to match it so there would be twenty scholarships. “We’ve always enjoyed a strong partnership with LendKey and are proud to join them in this scholarship program,” explained Dan Picard, Member Student Lending Board Chair.

Applications for the scholarships open May 1 at learnmore.scholarshipapply.org/LendKey and the deadline for applications is May 29. LendKey has partnered with a third party, Scholarship America, to manage the selection process using a standardized rubric to measure candidates’ community involvement, academic achievements, and other qualifications. Winners will be announced in July.

LendKey

Contact