HERNDON, Va.--(BUSINESS WIRE)--Northwest Federal Credit Union Foundation, the philanthropic arm of Northwest Federal Credit Union, is pleased to announce the start of its 2016 scholarship season on February 1. Recognizing the rising cost of college, and the growing student debt problem, at least five of the scholarships awarded this year will be need-based. Additionally, non-members are now welcome to apply.
“NWFCU Foundation believes education strengthens our communities—encouraging innovation, expanding world-views and inspiring creativity,” said Executive Director of the NWFCU Foundation, Alexzandra Shade. “Our scholarship program is a tangible way to live that belief. We support students and ultimately the communities their talents will someday benefit.”
The Foundation has awarded $877,000 over 11 years, recognizing students who demonstrate leadership, dedication and commitment in school, at home and in the community. Recent recipients are using their scholarships at colleges across the country, pursuing studies in a variety of areas. The funds ensure promising students have the support they need to accomplish their academic goals.
“The scholarship made a difference in my college experience, and my summer 2015 grad classes possible,” said a 2015 recipient, now a graduate student at James Madison University. “I was working full time at a local daycare and attending classes as a full-time graduate student simultaneously. The scholarship helped me pay for some of my tuition, books, supplies, and even gas to get to and from class.”
Applicants must meet certain criteria and apply online between February 1, and April 15, 2016 before 4:00 PM EST.
About Northwest Federal Credit Union Foundation
The NWFCU Foundation was established in 2004 to promote and manage Northwest Federal Credit Union’s philanthropic activities. The mission of NWFCU Foundation is to strengthen our community through our scholarship, mentoring and youth outreach programs. The NWFCU Foundation is a 501(c)(3) organization. Donations are tax deductible to the extent permissible by law for those who itemize deductions. For more information, visit www.nwfcufoundation.org.