PSECU Awarding Scholarships Totaling $48,000

Harrisburg, PA (August 18, 2021) – PSECU, Pennsylvania’s anytime, anywhere digital credit union, opened the application period for the 26th year of its annual scholarship program today. The program awards six scholarships, valued at up to $8,000 each, to graduating high school seniors to help reduce the cost of pursuing postsecondary education. Since its inception, the PSECU Scholarship program has awarded more than half a million dollars in scholarships to more than 140 students.

“Offering the PSECU Scholarship is a point of pride for us at the credit union,” said PSECU President and CEO George Rudolph. “In addition to providing high-quality banking products and services, outreach like this scholarship really points to the heart of who we are – a member-owned financial institution helping our members achieve more.”

Each winner will receive a $2,000-per-year scholarship that is renewable for up to four years based on the fulfillment of set academic requirements, including GPA. The total potential value of each scholarship is $8,000 per student.

“We know the cost of higher education is a burden for many families,” said Shawn Baile, PSECU Public Relations Coordinator. “The PSECU Scholarship exists to help alleviate this and recognize the achievements and accomplishments of our high school members.”

To qualify for the PSECU Scholarship program, applicants must:

• Be a PSECU member by December 31, 2021 to be eligible to apply for the 2022 scholarship. Individuals with a custodial account are eligible to apply. Please note that joint owners are not considered members.

• Be a graduating high school senior.

• Be attending a two- or four-year community college, college, or university in the fall of 2022. The college or university does not have to be in the commonwealth of Pennsylvania. Students attending a technical school are not eligible.

Completed applications must be submitted by noon (ET) on February 28, 2022 to be considered. For more information or to apply, visit psecu.com/scholarships.

About PSECU
Opened in 1934, PSECU was founded by 22 ordinary people who pooled $90 and made an extraordinary commitment to each other: To create a financial institution where collective resources benefit all members. Today, PSECU continues that legacy as Pennsylvania’s largest credit union, with $7.5 billion in assets, more than 480,000 members, and a convenient anytime, anywhere digital-first banking model. For more information about PSECU, visit psecu.com. PSECU has been recognized as a Best-In-State Credit Union by Forbes. View its Year In Review to learn how PSECU contributes to the greater good.