PENSACOLA, FL (April 28, 2017) — Pen Air Federal Credit Union (Pen Air) established a new scholarship program to help its student members, who have a passion for helping others, to pursue their post-secondary education. This year, five scholarship recipients were selected and honored at the Pen Air 81st Annual Business Meeting on Thursday, April 27.
The five 2017 Pen Air College Scholarship recipients are: Jonecia Griffin, a student of Pine Forest High School and will attend Pensacola State College, Trent Dewise, a student of Jay High School and will attend the University of Florida, Sydney Thomas, a student of Hoover High School and will attend Tulane University, Ekaterina Khvatkova, a student at Gulf Breeze High School and will attend the University of Alabama, and Alexus Brown, a student of Foley High School and will attend the University of Alabama.
“We believe in helping our student members purse their dream of obtaining a higher education,” said Stu Ramsey, president and CEO of Pen Air. “We are so proud of the more than 100 students that applied, and wish each one of them success in their futures.”
The scholarships awarded to the student members of Pen Air were based on the student’s academic performance and their spirit of Communerosity. The amount awarded per scholarship is up to $10,000, for up to eight semesters depending on the degree pursed.
Pen Air started a college grant program in 2010, giving more than $31,000 to local high school graduates. This year, the Pen Air executive team decided to enhance the credit union’s giving in the form of a scholarship program in order to provide additional longer-term financial assistance to its student members.
At Pen Air Federal Credit Union, respect is a guiding principle. As the largest and oldest credit union headquartered in Pensacola, Florida, with $1.4 billion in assets, Pen Air is dedicated to enhancing lives through exceptional service, strength, and financial solutions. With fifteen locations in Northwest Florida and Southeast Alabama, Online and Mobile banking, we provide a worldwide reach. Pen Air is a not-for-profit, member-owned financial institution, serving the community and improving lives since 1936. For more information, visit www.penair.org or call (850) 505-3200/toll free (877)4PENAIR.