Tropical Financial Credit Union launches scholarship program to help people defray costs of a higher education
MIRAMAR, FL (March 27, 2014) — Tropical Financial Credit Union, the largest not-for-profit credit union based in Broward County, is now taking applications for a new scholarship program aimed at helping people to further their education. Tropical Financial will award five $1,000 scholarships to anyone attending an accredited college or a technical school. The program is open to existing credit union members and members of the public who apply to become a member before the scholarship application deadline of May 30, 2014.
The scholarship is being promoted through Young & Free Florida, a Tropical Financial initiative that aims to communicate with the 18-25 year old crowd about ways a credit union can help them become financially independent. The program is led by 25-year-old Alysha Klein who serves up weekly blogs, videos and social media posts as a way to engage young adults into conversations about personal finance issues.
“Our credit union exists to help our owner/members meet their financial goals and this scholarship program is a way to take that commitment to a new level,” said Klein. “If we can help someone obtain their college degree or an education certificate that leads to a job and a solid financial future, then we have done something very worthwhile.”
Interested applicants must have a minimum cumulative high school GPA of 2.5 and submit a letter of recommendation. They are required to write a 500-word maximum essay summarizing their educational goals, personal objectives and how Tropical Financial Credit Union has or could help them achieve their financial goals. Scholarship applications must be submitted between April 1, 2014 and May 30, 2014. Applicants may submit directly online or from a downloaded application form from www.YoungFreeFlorida.com. A complete list of criteria for applicants can also be found on the website starting April 1.
About Tropical Financial Credit Union
Tropical Financial Credit Union is a non-profit financial institution whose deposits are federally insured. The $540 million institution serves South Florida with nine branches. People who live or work in South Florida’s three counties can join the credit union, which was founded in 1935. For more information on Tropical Financial, visit www.TropicalFCU.com.