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People’s Trust Foundation awards $15,000 in scholarships

The People’s Trust Foundation is happy to announce its five scholarship winners for 2019, who were honored at the People’s Trust Federal Credit Union’s 83 rd Annual Meeting of the Membership on Saturday, April 13, 2019 at their headquarters in the up and coming EaDo, or East Downtown, neighborhood.

Four People’s Trust Foundation Scholarships candidates were selected from a pool of seventeen applicants based on their GPAs, standardized test scores, extracurricular activities, recommendations, and a 500-word essay explaining who they think the primary responsibility should lie in teaching young adults about financial education and what role People’s Trust plays in educating young adults about finances.
This scholarship is awarded annually and is open to credit union members or their children, who will be graduating high school seniors attending a Texas accredited not for profit college/university or vocational/trade school in the fall.

“Unfortunately, the high cost of a college education can prevent many people from pursuing their dreams of obtaining a college degree. We aim to be a source of hope and offer a form of relief to students despite the economic landscape surrounding higher education today,” states Patrick Flynn, AVP of Marketing for People’s Trust Federal Credit Union & Executive Director of People’s Trust Foundation. The following students each received a $2,500 People’s Trust Foundation Scholarship: Michelle Chen, University of Texas at Austin; Bianca Becho Monte, Texas State University; Andrew Spencer, Texas A&M University; Evan Cook, Texas A&M University.

The foundation awarded the $5,000 Patricia L. Garcia Continuing Education Scholarship to Rachel Bjerkaas, an Environmental Science major at Stephen F. Austin State University. The Garcia Scholarship is for college students with at least 30 credit hours and is in memory of Patricia Longoria Garcia, one of the founders of the People’s Trust Foundation and a past credit union Executive Vice President.

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