MSGCU to award more than $100,000 in scholarships this year
Credit Union seeks to reduce the financial burden of education costs
CLINTON TOWNSHIP, MI (January 4, 2023) — Michigan Schools and Government Credit Union (MSGCU) announced today that applications are being accepted for its annual Scholarship program now through February 28, 2023. The Credit Union has awarded more than $1 million in scholarships to over 500 students and educators since the inception of its program.
“As an organization founded by teachers, we truly value lifelong learning and are dedicated to helping individuals in our community fulfill their educational aspirations,” said Steve Brewer, MSGCU President/CEO. “We’re proud to offer scholarships for students attending traditional colleges or universities, as well as those pursuing careers as first responders or skilled trades professionals.”
MSGCU is offering various scholarships to 33 deserving recipients. Non-members are welcome to apply, and must become a member if selected as a scholarship recipient. The Credit Union welcomes everyone in Michigan to bank with them. Online applications can be submitted at msgcu.org/scholarships for the following:
Educational Solutions Scholarship helps high school seniors with plans to attend college with 18 scholarships of $2,500 each.
Rudolph Heino High School Scholarship is perfect for high school seniors heading to college with a demonstrated commitment to helping others. Five scholarships of $2,500 are offered.
Larry Swantek Educational Studies Scholarship benefits high school seniors and current college students planning to become teachers with four scholarships of $2,500.
Milo Perreault Educator Advantage Scholarship helps certified educators and administrators continue their education. They can apply for one of four scholarships of $2,500.
William Cayen Skilled Trades Scholarship of $2,500 each is granted to two individuals pursuing certification in electrical, HVAC, automotive, or other industrial and advanced technologies or skilled trades programs.
The Credit Union also funds the Stephen Thomas First Responder Scholarship, which supports first responders enrolled in police and/or fire academies at local colleges with 14 scholarships of $2,000 each. Applications occur directly with Macomb Community, Oakland Community, Washtenaw Community, and Schoolcraft Colleges. Students can apply for this scholarship throughout the year and more information is available through the program directors of each academy.
Visit msgcu.org/scholarships for complete details and to learn more about the application process.
About Michigan Schools and Government Credit Union
Founded by a small group of educators, MSGCU has been providing quality financial services to the communities they serve for 69 years and welcomes everyone in Michigan to bank with them. MSGCU offers a full range of loan, deposit, checking, credit card, mortgage, and insurance products for those that live in Michigan. With 19 branch offices in Macomb, Oakland, Washtenaw, and Wayne Counties, MSGCU has more than 145,000 members, $3.4 billion in assets, and has earned a 95% or higher member satisfaction rating for more than 20 years. MSGCU has also earned five stars (the highest rating) from Bauer Financial for more than 30 years, and has been honored as a Top Workplace by The Detroit Free Press for the past 10 consecutive years. MSGCU is insured by NCUA and an equal housing lender. Visit msgcu.org for more information.