HUNTSVILLE, Ala.–Redstone Federal Credit Union has announced scholarships totaling $89,000 to 22 members preparing to attend college in the fall.
Students will receive up to $5,000 each, which is paid directly to their college or university.
For the past 27 years, Redstone FCU said its Scholarship Program has helped its members to pursue their goals of attaining a college degree. It provides scholarships to those attending two-year and four-year accredited institutions. Redstone has awarded more than $636,000 in scholarships since the program’s inception in 1996.
“Each year I think the caliber of our scholarship applications can’t get even better; yet, each year it does and the number of applicants continue to grow,’’ said Mary Grace Evans, oommunity relations senior AVP. “This year, Redstone received 1,098 applications.”
In addition to its Scholarship Program, Redstone supports youth financial literacy through its Adopt-A-School Program, in-school branches, College Reality Fairs, and Youth Month outreach.