COLUMBUS, Ohio (11/3/14)--The Ohio Credit Union Foundation is realigning its scholarship program to one that helps graduates pay off their student debt.
The student loan forgiveness scholarship will award three $5,000 scholarships to Ohio credit union employees to help pay down their outstanding student loans (eLumination Oct. 29).
Previously the foundation awarded student scholarships for post-secondary education. It will still provide financial assistance to credit union members pursuing an undergraduate degree with its video scholarship, worth $5,000.
Scholarship programs is one of the areas of community outreach for the Ohio Credit Union League's recently announced outreach alliance program, which shifts training and political advocacy to the league to allow credit unions to focus on the good they do for their members and communities.