LOWELL, Mass. – To help defray the costs of higher education for local college students, Jeanne D’Arc Credit Union awarded $17,000 in college scholarships to members through its MoneyStrong College Scholarship and Employee Scholarship Programs. The recipients are comprised of both soon-to-be and current college students.
The winners of the 21st annual MoneyStrong College Scholarship Program were asked to write an essay in response to the following prompt: “Credit is borrowed money that you can use to purchase goods and services when you need them. In your essay, explain why credit is important, and how a good credit score can help you achieve your goals.”
The CU granted funds to 21 students. Of the winners, 17 are high school seniors gearing up for their freshman year of college, and four are currently attending various colleges in the area.
Through the Employee Scholarship Program, Jeanne D’Arc Credit Union employees, as well as an employee’s child or grandchild, are eligible to receive a $500 or $1,000 scholarship. There are six different scholarships available, three of which were instituted to memorialize former Jeanne D’Arc employees and board members, and three were awarded commemorating the CU’s commitment to supporting local non-profit organizations. Jeanne D’Arc awarded a total of $4,500 through the Employee Program.
Recipients are typically honored at an on-site ceremony at Jeanne D’Arc’s headquarters, but given the current restrictions, all recipients were notified and mailed their scholarship awards. They will also be featured on Jeanne D’Arc’s social media accounts.
“We congratulate and celebrate these individuals for their hard work and commitment to education,” said Mark S. Cochran, president & CEO, Jeanne D’Arc Credit Union. We are happy to support them in their quest to fulfill their dreams through our scholarship program.”