PORTSMOUTH, N.H., Feb. 03, 2023 (GLOBE NEWSWIRE) -- The Service CU Impact Foundation, the 501(c)3 non-profit charity arm of Service Credit Union, is excited to announce it will be doubling its impact this year by awarding up to $100,000 in scholarships to qualified individuals who are attending or planning to attend a two or four year college or university. Over the last two years, the foundation awarded $50,000 in scholarship awards per year.
A committee of judges will score all applications based on grades, letters of recommendation, extracurricular activities, leadership activities, community activism, and essay responses.
To qualify, applicants must be members of Service Credit Union, or related to a member of Service Credit Union (parent or grandparent.) They must also be high school seniors or adult learners (non-traditional students) planning to attend a two or four year college or university accredited by the U.S. Department of Education, or currently enrolled in such an institution. The Service CU Impact Foundation will award two $10,000 scholarships, four $5,000 scholarships and 13 $2,500 scholarships to high school applicants; and two $5,000, five $2,500 and five $1,000 scholarships to adult learners.
“I am beyond grateful for the opportunity your organization has provided for me. I am already making progress in service impact at Berry College through clubs such as the Red Cross Club on campus. I look forward to expanding my impact with the assistance of your foundation. Thank you for all that you do for me and others,” said Molly R., a 2022 Service CU Impact Foundation Scholarship recipient.
“Over the past two years, we have been fortunate to see the impact our scholarship program makes in nurturing young leaders. That’s why we’ve doubled the amount we are giving away in 2023. We look forward to hearing from an incredible group of individuals this year,” said David Araujo, President/Chair of the Service CU Impact Foundation, and President-CEO of Service Credit Union.
Applicants may register at https://webportalapp.com/sp/service-cu-impact-foundation and applications will be accepted through March 31, 2023, with winners announced in May 2023. To learn more, visit https://servicecuimpactfoundation.org/apply-for-a-scholarship/.
About Service CU Impact Foundation
The Service CU Impact Foundation promotes community development by funding initiatives that deliver solutions and solve problems facing our membership and communities in which we serve. The foundation funds initiatives beyond what Service Credit Union supports, broadening the community reach and having a larger impact. We conduct charitable activities and partner with service providers who align with our philanthropic areas of focus: education, human services, and emergency care for veterans and the military. To learn more about the Service Credit Union Impact Foundation, visit www.servicecuimpactfoundation.org.