A local high school senior recently was awarded a $10,000 scholarship, usable over four years of college, by the State Employees’ Credit Union Foundation.
Matthew Eads, a senior at Mount Airy High School, received the scholarship, to be used to help pay for his studies at Appalachian State University, part of North Carolina’s 17-campus University of North Carolina system.
“Funded solely by credit union members and given based on SECU’s philosophy of People Helping People, the scholarship recognizes the recipient’s community involvement, leadership skills, character and integrity, as well as scholastic achievement,” the foundation said in a statement it released announcing the award.
The scholarship is provided for tuition and university approved educational expenses over eight consecutive semesters, according to the foundation.
“Through the SECU Foundation People Helping People Scholarship program, Credit Union members have the opportunity to make a difference in the lives of so many North Carolina high school seniors, helping them pursue and fulfill their educational goals through the University of North Carolina System,” said Lydia Lovell, a member of the State Employees’ Credit Union’s local advisory board. “On behalf of the SECU Foundation, I am proud to award this scholarship to Matthew Eads.”
Since its inception in 2005, the foundation’s People Helping People High School Scholarship program has provided more than $44 million in scholarships for North Carolina high school seniors, the organization said.
The credit union foundation is a not-for-profit financial cooperative owned by its members, and the credit union itself has been in existence for 79 years.