RALEIGH, N.C., Jan. 29, 2015 (GLOBE NEWSWIRE) -- When the SECU Foundation "People Helping People" scholarship program was established in 2004, State Employees' Credit Union (SECU) members made a substantial commitment to North Carolina students – allocating $4 million to help them further their education. For more than a decade, SECU members have held steadfast to the commitment through annual renewals of the scholarship program, which benefits both high school and community college students. To date, SECU Foundation has awarded scholarships to approximately 4,700 North Carolinians, and with the 2015 program renewal, the monetary commitment will reach $46 million!
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The high school funding provides a $10,000 four-year college scholarship to a graduating senior from each of North Carolina's traditional public high schools and three charter high schools. Each scholarship is awarded for study at one of the 17 constituent campuses in the University of North Carolina System. Community college funding provides two $5,000 scholarships to each of the State's 58 community colleges. Scholarship recipients are selected by each school's scholarship selection committee. Students are chosen based on the Credit Union's philosophy of "People Helping People," recognizing community involvement, leadership skills, excellence of character and integrity. High schools, colleges and universities statewide continue to regard SECU Foundation's scholarship program as a valued financial resource for students.
Pamlico County High School graduate Megan Ehmke of Grantsboro, N.C. was the recipient of a $10,000 scholarship in 2014. "I'm honored to have received the 'People Helping People' scholarship – your gift has inspired and motivated me to excel and pursue my dream of furthering my education at North Carolina State University. I am extremely grateful for the scholarship and SECU Foundation's commitment to education."
About SECU and the SECU Foundation
A not-for-profit financial cooperative owned by its members, SECU has been providing employees of the State of North Carolina and their families with consumer financial services for 77 years. The Credit Union also offers a diversified line of financial advisory services including retirement and education planning, tax preparation, insurance, trusts, estate planning and investments through its partners and affiliated entities. SECU serves nearly 2 million members through 254 branch offices, 1,100 ATMs, 24/7 Contact Centers and a website, www.ncsecu.org. The SECU Foundation, a 501c (3) charitable organization funded solely by the contributions of SECU members, promotes local community development in North Carolina primarily through high impact projects in the areas of housing, education, healthcare and human services.
CONTACT: G. Mark Twisdale, Executive Director Office: 919-839-5562 | email@example.com
Source:State Employees' Credit Union(SECU)