South Carolina Federal Announces Third Annual Scholarship Competition

(N. CHARLESTON, SC) – January 4, 2013 – South Carolina Federal Credit Union announces its third annual scholarship competition, awarding a total of $7,500 to three deserving students to use for their college education.

First prize is $4,000, second is $2,500 and third is $1,000. The online application will be available January 17, 2013 through Young & Free South Carolina, powered by South Carolina Federal Credit Union, at

Applicants must submit an application, transcript, letter of recommendation and written or video-taped essay. Students are encouraged to share their extracurricular activities and community service involvement through the application and essay.

Students planning to attend college during the fall 2013 semester are encouraged to apply by March 15, 2013. Submitted applications will be reviewed by the credit union’s scholarship committee, and winners will be selected based on academic performance, school and community involvement, recommendations from school and community leaders and financial need.

Scholarship winners will be announced by April 11, 2013. For official rules visit 

About South Carolina Federal
South Carolina Federal Credit Union is headquartered in North Charleston.  More than 140,000 members own and belong to the not-for-profit financial cooperative, which has over $1.3 billion in assets. South Carolina Federal is a community-chartered credit union. Anyone who lives, works, worships or attends school in Berkeley, Charleston, Dorchester, Calhoun, Orangeburg or Georgetown counties, and most of the Columbia area, is eligible to join. South Carolina Federal has 17 branches, and 74 ATMs throughout Charleston, Columbia and Georgetown. More information about South Carolina Federal can be found at or on the SiMPLE CENTS blog at

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