Tropical Financial Credit Union accepting scholarship applications

MIRAMAR, FL (February 12, 2024) — Tropical Financial Credit Union, a not-for-profit financial institution based in Broward County, is now accepting student applications for its annual scholarship program. Tropical Financial will award three scholarships totaling $10,000: One grand prize of $5,000 and two $2,500 scholarships to students.

The scholarships are open to high school seniors preparing for college, adult students who are already in or planning to attend college or seeking a master’s degree.

Applicants should have a 2.5 grand point average or higher. They must also write an essay about their educational ambitions and how Tropical Financial has helped them to reach their financial goals. Other factors will be considered, such as community involvement, charity work and extracurricular activities. Applicants should be a member of Tropical Financial before the application deadline, which involves an easy application process.

“I’m excited to announce another year of our scholarship program, reinforcing our dedication to the community and to helping students reach their goals,” said Rick Shaw, president/CEO of Tropical Financial Credit Union. “We strongly believe in investing in the future, and this initiative is our way of supporting deserving members.”

Applications will only be accepted digitally this year and will be accepted through March 31. Those interested in applying for the scholarship or for information about how to join Tropical Financial, please visit:

About Tropical Financial Credit Union

Based in Miramar, Florida, Tropical Financial Credit Union is a member-owned not-for-profit financial institution whose deposits are federally insured. Anyone who lives or works in Miami-Dade, Broward, Palm Beach, Martin, St. Lucie, Lee, Collier, Hendry, and Sarasota counties is eligible to become a member.  Tropical Financial Credit Union was formed in 1935 by employees of the former Southern Bell with just a few hundred dollars. Today, it has grown to nearly $1.0 billion in assets. For more information, visit


Lauren Berger


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