DOTHAN, Ala.–The Five Star Credit Union Foundation has made its first scholarship grants to help students pay for college for the 2022-2023 school year.
The Five Star Credit Union Foundation awarded $10,000 grants each to College of Coastal Georgia, Southern Regional Technical College, and Wallace Community College. Providing scholarships is one of the main ways the Five Star Credit Union Foundation removes the financial barrier to college for students in the Wiregrass.
“Our purpose at Five Star is to brighten 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 attend college, it sets a foundation for the rest of their lives. We want to not only remove barriers for our members to gain access to financial services, but we also want to remove barriers to help our communities prosper and gain the skills they need to be successful.”
Five Star Credit Union reported it has an existing relationship with each college. For the past four years, Five Star has sponsored one scholarship at Wallace Community College in Dothan. Five Star currently sponsors a $2,000 grant with Southern Regional Technical College in Bainbridge, Ga. to cover the costs of the GED/HSE program in Mitchell County.
Five Star has also provided financial education to the College of Coastal Georgia in Brunswick, Ga.
The Five Star Credit Union Foundation $30,000 grants will help eight students attend their freshman year tuition free. The scholarships went into each college’s general scholarship fund and each college chose the winning recipients.