Winners of PSECU’s annual scholarship program announced, $48,000 in funds awarded for postsecondary education
HARRISBURG, PA (May 14, 2019) — Pennsylvania’s largest credit union, PSECU, announced today the winners of its 23rd annual scholarship program. Each year, the program awards six scholarships – valued at up to $8,000 each for a total of $48,000 – to graduating high school seniors to help reduce the financial burden of pursuing postsecondary education. Winners are selected based on their academic achievement, extracurricular involvement, and critical thinking and writing skills.
“Education is a pillar of our community outreach at PSECU. From providing financial education resources through our WalletWorks program, to offering scholarships for students to pursue their dreams through college, we understand the importance of education in obtaining financial success,” said PSECU Financial Education Manager Sara Weiser, who oversees the credit union’s scholarship program. “Since we started our scholarship program in 1997, we’ve disbursed more than $638,000 in scholarships to 131 students. That is something we’re very proud of because we know that it is helping young students find opportunity, reach their goals, and prepare for the future.”
Of the 603 applications PSECU received through its electronic application process this year, the following winners were selected (alphabetical order by last name):
- Maxwell Abom, who attends Cumberland Valley High School in Mechanicsburg, PA and plans to study at University of Pittsburgh.
- Peter Livengood, who is homeschooled in Dunbar, PA and plans to study at California University of PA. John J. Marisic Memorial Scholarship recipient.
- Alexander Sessock, who attends MMI Preparatory School in Freeland, PA and plans to study at University of Pittsburgh.
- Caeden Smith, who is homeschooled in Enola, PA and plans to study at The Pennsylvania State University.
- Elizabeth Walker, who attends Cumberland Valley High School in Mechanicsburg, PA and plans to study at Cornell University.
- Eli Whitehead-Zimmers, who attends Susquenita High School in Duncannon, PA and plans to study at Messiah College. Michael A. Gottshall Memorial Scholarship recipient.
As long as scholarship requirements, including maintaining a minimum GPA, are met, each winner will receive a $2,000 scholarship per year that is renewable for up to four years, for a total scholarship value of $8,000 per student.
“Credit unions exist to create shared financial opportunties through members’ collective resources, and this scholarship program is an example of how PSECU does just that,” Weiser added. “On behalf of our members and our employees, congratulations to this year’s scholarship recipients!
Opened in 1934, PSECU was founded by 22 ordinary people who pooled $90 and made an extraordinary commitment to each other: To create a financial institution where collective resources benefit all members. Today, PSECU continues that legacy as Pennsylvania’s largest credit union, with $7.5 billion in assets, more than 480,000 members, and a convenient anytime, anywhere digital-first banking model. PSECU was named a 2020 Best-In-State Credit Union by Forbes Magazine. For more information about PSECU, visit psecu.com. View its Year In Review to learn how PSECU contributes to the greater good.