ALBANY, N.Y. (6/9/14)--The combination of the generosity of the Credit Union Association of New York (CUANY) and the state's credit unions resulted in the distribution of more than $1.5 million in total scholarships.
Nearly 100 credit unions representing every chapter participated in CUANY's statewide program, and approximately 1,500 applications were submitted. Twenty high school seniors will receive $1,000 scholarships, and 19 will receive $500, for a total of $29,500 for this year. The program was open to high school seniors with membership in a New York credit union who are planning to enroll in a two- or four-year college.
"The Credit Union Association of New York is proud to help these hardworking young men and women--our future leaders--pursue a college education," said CUANY president/CEO William J. Mellin. "All of these scholarship recipients should be commended for their diligence and their choice to obtain a higher education."