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UT Federal Credit Union offers undergraduate scholarships for members

The University of Toledo Federal Credit Union is giving 2013 high school graduates or any current college student the opportunity to win $5,000 in college scholarships for the 2013-14 academic year.

creditunion_myUTTo qualify, applicants must be a member of the UT Federal Credit Union in good standing, be a current college student or a high school student expected to graduate in 2013, and plan to pursue an undergraduate education at least part time. Previous winners of scholarship funds from the credit union are not eligible.

The application can be printed from uoftfcu.com through the scholarship information link in the left menu.

Applicants must complete an essay of no more than 750 words to answer the question: “Personal financial education is important. How can The University of Toledo Federal Credit Union help you become financially stable?”

According to Kara Mominee, marketing manager for the UT Federal Credit Union, all essays will be judged by the board of directors on originality, attention to detail, and specific examples.

The application and essay should be sent to: Scholarship Selection Committee, UT Federal Credit Union, 5248 Hill Ave., Toledo, OH 43615.

The deadline to enter the contest is Friday, March 8; winners will be announced during the credit union’s annual meeting Friday, April 19.

Mominee said the number of scholarships granted within the $5,000 limit will depend on the number of students who apply.

The UT Federal Credit Union is located in Student Union Room 3019 on Main Campus and in Mulford Library Room 013E on Health Science Campus. The main office is at 5248 Hill Ave.