MADISON, Wis. (1/10/14)--The Iowa Credit Union Foundation will award the first Warren A. Morrow Memorial Scholarship this year--only one of many that the credit union community will distribute to high school and college students.
Morrow, who was founder/CEO of Coopera Consulting and widely known for his Hispanic outreach efforts, died in 2012. The $5,750 in scholarships will go to high school seniors with a projected graduation date of 2014 and to students in accredited undergraduate, graduate or vocational programs.
The Morrow scholarships include an essay question, something that is common across credit union offerings. Its deadline is Feb. 7.
Many of the scholarships bear the names of community leaders. Applicants submit written or video essays about the benefits of being a credit union member or how the credit union helped them use money wisely.
Supporting higher education with scholarship funds is another example of how credit unions "Unite for Good" for their communities. A partial list of scholarships with spring deadlines are below.
The 15 chapters of the Ohio Credit Union League offer scholarships to local students pursuing post-secondary education. Winners of the chapter scholarships are automatically entered to win an additional scholarship from the Ohio foundation, which awards five $3,000 state-level credit union scholarship grants.