RICHMOND, Va.–Virginia Credit Union has awarded a total of $156,500 in college scholarships to 32 student members.
Thirty students will receive a $5,000 award as part of VACU’s annual scholarship program. In addition, two students were honored through the credit union’s legacy Member One scholarship program, receiving a combined $6,500 in financial support.
“Helping our members achieve greater success is at the heart of everything we do at Virginia Credit Union, and that mission comes to life in a very direct way through our scholarship program,” said VACU President/CEO Chris Shockley. “Each of these students has shown the kind of drive, concern for their community, and dedication to their own future that makes us proud to be their credit union. Not only are these scholarships an investment in these students and their futures, but they also represent an investment in the communities they will go on to shape.”
Established in 1991, the Virginia Credit Union Scholarship Program has provided more than $1.95 million in scholarships to student members over the course of its history. The program honors Dorothy “Dot” Hall and Jane Watkins, former presidents of Virginia Credit Union, and was established to help members working toward their first undergraduate degree
This year’s program drew more than 840 applications — a testament to the depth of talent within the VACU membership. Virginia Credit Union assembled an independent selection committee of 40 members, community partners, and education advocates to score and select this year’s recipients. Each application was evaluated on four criteria: community service, extracurricular activities, an essay, and the hours each student has devoted to work to help offset the cost of their education.
This year’s 30 VACU Scholarship Program winners include 15 rising college freshmen and 15 currently enrolled college students pursuing their first undergraduate degree.
Member One Legacy Scholarship Recipients
Virginia Credit Union also presented two scholarships through its legacy Member One scholarship program, honoring two individuals whose dedication to education and community left a lasting mark on the credit union and the region.
The Richard L. “Dick” Williams Memorial Scholarship ($5,000) was established in honor of Member One’s first president and CEO, who served the credit union for more than 35 years and was known for his passion for education and competitive sports. The scholarship, supported by the Williams family, assists a student-athlete pursuing a four-year degree at a Virginia institution.
Ava Sexton, graduating from William Byrd High School, plans to attend Emory & Henry University to pursue a bachelor’s degree in Biology while competing as a Division II lacrosse student-athlete.
The Henry Lee Memorial Scholarship ($1,500) honors Henry Lee, a past Member One scholarship recipient who was tragically killed at Virginia Tech on April 16, 2007.
