ROCKVILLE CENTRE, N.Y.– As part of a growing partnership and focus on serving the Hispanic community on Long Island, Molloy University, Ocean Financial Federal Credit Union said it and 100 Hispanic Women have announced The 100 Hispanic LI Scholarship program to young Hispanic women across Long Island.
The 100 Hispanic LI Scholarships will be awarded to young Hispanic women who are attending or will attend Molloy University in the coming academic year. The initial $5,000 funding will be divided into three scholarships: two $1,250 undergraduate scholarships and one $2,500 graduate scholarship. The recipients will be chosen by 100 Hispanic Women.
The program expands the relationship among Molloy, Ocean Financial and 100 Hispanic Women to further the education of young Hispanic women across Long Island.
In the last several years, Ocean Financial, 100 Hispanic Women and Molloy University have collaborated on several initiatives that serve the Hispanic population across Long Island.
“One of the things that Ocean Financial is focused on is financial literacy. We hope to continue to take that initiative to the next level through these educational opportunities,” said Joseph Tedesco, president and CEO of Ocean Financial.
In 2023, Ocean Financial pledged $500,000 over a five-year period to Molloy University that aims to improve the financial literacy of Molloy students, the largest corporate gift that the University has received.
The credit union said this includes the sponsorship of the Mentoring Latinas Program at Molloy, a program that is specifically designed for Latina students at participating high schools to expose them to university life and engage them in relevant activities, including visits to academic departments, financial workshops, and athletic and cultural events.