South Florida Educational Federal Credit Union has given morethan $193,000 to 15 graduating high school seniors as a part of itsannual Hubert O. Sibley scholarship program.
|The $811 million Miami credit union said the program covers thecost of 15 students' tuition payments throughout the entirety oftheir undergraduate years. The program is instituted through theFlorida Prepaid University Plan and will pay for tuition costs atany of Florida's 11 state universities.
|The credit union added that the scholarship money could betransferred to a student's payments for an out-of-state or privatecollege as well. However, those choosing to remain at a Floridastate university will most benefit as all tuition payments areguaranteed to be covered, the credit union said.
|More than $2 million dollars has been dispersed among 263undergraduates since the program's inception in 1995, South FloridaEducational FCU said.
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