BROOKLYN, N.Y. — The $1.1 billion Polish & Slavic Federal Credit Union will distribute almost $300,000 among almost 200 high school graduates and current college student members as part of its annual scholarship program, the CU said.
Altogether 191 students received awards worth $296,000. All recipients are members of the credit union.
Polish and Slavic said 81 recent high-school graduates received either $2,000 or $1,000 each to continue their education. The CU also awarded 110 scholarships to students already enrolled in college. Ten students each received $5,000 scholarships; 50 students were each awarded $2,000 scholarships; and the remaining 50 were each granted $1,000 scholarships.
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High-school candidates were evaluated on their academic records and commitment to community service. College students were also evaluated on their participation in extracurricular activities, essays and teacher references.
"We regard this essential program as one of our most important initiatives supporting the Polish-American community," said Krzysztof Matyszczyk, Chairman of the Board of the PSFCU. "These young people are the true future of our community, and we're extremely proud to be able to give them a helpful start in reaching their goals. I'm confident that these wonderful students will always retain the feeling of pride in their roots."
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