SACRAMENTO, Calif. (7/25/13)--Golden 1 CU has awarded 33 students $320,000 in renewable scholarships.
The $8 billion asset Sacramento, Calif.-based credit union awards annual renewable scholarships of $1,000 to $5,000 to full-time students who plan to attend an accredited, nonprofit two- or four-year college or university in California.
One of the winners, Svea Milet Joaquino of Elk Grove, received the Golden 1 CU Donna Giles Memorial Scholarship, which was named in honor of a former board member. This renewable scholarship awards $5,000, for a total of up to $20,000 over four years.
Applicants were required to sport a grade point average of 3.0 or higher and be involved in community service and extracurricular activities.
Golden 1 received applications from students between Oct. 15 and Jan. 15. The winners were notified in April. Scholarship funds will be disbursed to each student's college or university in August.