The Five Star Credit Union Foundation is awarding its first scholarships to help students pay for their college education for the 2022-23 school year. The Five Star Credit Union Foundation awarded Southern Regional Technical College at Bainbridge $10,000 for incoming freshmen. Providing scholarships is one of the primary ways the Five Star Credit Union Foundation removes the financial barrier to college for Wiregrass students.
“Our goal at Five Star is to illuminate the financial future of the communities we serve,” said Robert A. Steensma, president of the Five Star Credit Union Foundation. “By helping as many students as possible to attend university, it lays the foundation for the rest of their lives. Not only do we want to remove barriers that prevent our members from accessing financial services, but we also want to remove barriers to help our communities thrive and gain the skills they need to succeed.
Five Star Credit Union is currently sponsoring a $2,000 grant with Southern Regional Technical College to help cover the costs of the GED/HSE program in Mitchell County. The $10,000 grant will allow three students to attend college tuition-free in the upcoming school year. The grant is paid into the Southern Regional Technical College scholarship system. Scholarship recipients will be chosen by the Southern Regional Technical College.
“The continued generosity of the Five Star Credit Union Foundation is characteristic of its commitment to supporting the remarkable potential of our students,” said Jim Glass, president of Southern Regional Technical College. “These substantial scholarships will surely send a message to our students that their future matters not just to themselves and their families, but to their entire communities. I am confident that the Five Star Credit Union Foundation’s investment in high quality education will pay off for many years to come.
The Five Star Credit Union Foundation awarded a total of $30,000 to three schools in the communities it serves. Wallace Community College in Dothan, Alabama received $10,000. The Coastal College of Georgia in Brunswick received $10,000. This will help eight students attend college tuition-free in their first year.