It's been a challenging fiscal year for North Carolina public schools, but thanks to the State Employees' Credit Union Foundation, 2010 is looking a little less bleak for students.

The SECU Foundation, which is funded solely by members of Raleigh, N.C.-based State Employees' Credit Union, recently increased its educational scholarship funding by $4 million.

The additional funding will provide one $10,000 "People Helping People Scholarship" to each of the traditional public high schools in North Carolina. The four-year college scholarships will be awarded to graduating seniors for study at one of the sixteen constituent campuses of the University of North Carolina system. According to the over $18 billion credit union, as college costs continue to rise, the scholarship program was created to offer members a way to give back to their local communities and help ensure the ongoing success of North Carolina students.

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