ALBANY, N.Y. (5/16/13)--The Credit Union Association of New York Wednesday announced that 37 high school seniors have been awarded college scholarships as part of its statewide scholarship program. Nearly $225,000 will be awarded this year.
"These are all incredibly hardworking individuals and we are excited to have an opportunity to help fulfill their dreams of pursuing a college education," said William Mellin, CUANY president/CEO. "This truly represents the 'people helping people' philosophy of credit unions and how important it is to help our local communities succeed."
Twelve students will be awarded $1,000 scholarships, and 25 will receive $500 awards. In addition, individual credit unions across New York will award more than $200,000 in scholarships to students this year, according to CUANY estimates.
The students, who are all credit union members, were chosen based on academic performance, honors and awards, extracurricular activities, community activities, leadership roles and an essay. The award recipients must be high school seniors planning to enroll in either a two- or four-year college.
Overall, 94 credit unions participated. Nearly 1,400 applications were received.
Statewide winners were awarded a total of $24,500. For a list of the winners, use the link.