Credit union awards $300,000 in scholarship funds
January 23, 2013
UW Credit Union of Madison, WI�has announced an award of $300,000 to the scholarship endowment funds at the UW System campuses they serve.� These include previously established funds at UW-Madison, UW-Milwaukee, UW-Green Bay, UW-Whitewater and UW-Stevens Point as well as a new endowment fund at UW Oshkosh.
"UW Credit Union has been a trusted financial partner for thousands of UW System students over the years, and we know that our Wisconsin communities are strengthened when we help keep higher education financially accessible," said UW Credit Union President and CEO Paul Kundert. "Wisconsin residents have reason to be proud of our excellent universities and colleges, but there is an urgent need to make sure that talented young people are not excluded, simply because they can't afford to attend."
UW Credit Union is a strong supporter of higher education and has multiple initiatives to help students afford the cost of college. In 2008, the credit union established permanent scholarship endowment funds totaling nearly $1.5 million for UW System campuses served by UW Credit Union locations through on online fundraising campaign. Additionally, they support area high schools by providing annual needs-based scholarships directly to deserving students who will attend a UW System School.