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Yonkers' Municipal Credit Union Receiving Applications For Scholarships

The Municipal Credit Union is offering scholarships totaling $66,000 in 2014.
The Municipal Credit Union is offering scholarships totaling $66,000 in 2014. Photo Credit: flickr

YONKERS, N.Y. -- Yonkers' Municipal Credit Union (MCU) has begun accepting applications for its 2014 scholarships for college-bound seniors. Those applying must be a member or a child or grandchild of a member to qualify.

The credit union will award eight grants of $5,000 each and 13 grants of $2,000 each. Selection is based on academic performance, extracurricular and community activities, letters of recommendation and an essay expressing personal goals.

Applications are available at any MCU branch, including the Yonkers branch at 38 South Broadway, as well as on its website .

The deadline for completed applications is January 31, 2014. MCU will hold a special awards reception in the spring to recognize the eight $5,000 scholarship winners.

“MCU is deeply committed both to giving back to our community and to investing in our young people and their education. Our scholarship program is one way we are achieving these objectives and also recognizing and rewarding outstanding academic efforts of the youth of our community,” said MCU President and CEO Kam Wong in a statement.

Students applying for the scholarships, who are also MCU members, will automatically be entered for a $500 statewide Public Relations and Marketing Council Scholarship.

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