Even though the Spring semester has just begun, we are already looking towards Autumn. Eastex Credit Union is awarding six $500 scholarships to graduating high school seniors and undergraduate students who are members of the credit union. At Eastex Credit Union, we strive to help our members of the community with the right financial choices and tools designed to help you succeed.
5 Pros for Applying for Scholarships
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Scholarships can create opportunity.
Scholarships can help provide financial assistance for prospective students who are looking to further their higher education. They are important because they allow prospective students the opportunity to receive a higher education that they otherwise may not have been able to afford. By applying for scholarships early and often, students can secure the necessary funding to continue their education journey.
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Scholarships minimize student debt.
Applying for as many scholarships as possible helps with many expenses of college life and can keep you from obtaining student loan debt. Scholarships can alleviate the financial burden and stress of student loans that can sometimes take decades to repay. The average student loan debt is currently $37,338 per borrower. Another alarming fact is that 20 years after entering school, half of the student borrowers still owe $20,000 each on outstanding loan balances. One way to combat student loan debt is to apply for scholarships.
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Scholarships can free up time for studying.
Scholarships allow students to focus their time and energy on studying, rather than worrying about everyday college expenses. Scholarships can sometimes cover the cost of living, school supplies, textbooks, and other educational expenses. Rather than working a part time job to afford the necessities of college living, consider applying for as many scholarships as possible.
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Scholarships are a great addition to your resume.
If you receive one or more scholarships, listing them on your resume can help show future employers of your strong candidacy. Listing your scholarships helps to strengthen your resume while filling in the lack of experience as you search for your first jobs. It also shows that you are capable of focus and dedication while listing your accomplishments of being selected.
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Local scholarships are available for you!
There are hundreds of scholarships available for you. Some range from national to local scholarships. The scholarship offered at Eastex Credit Union is a great way to start building your nest egg for higher education. We wish you the best of luck with your application and your journey towards higher education!
Apply for a Scholarship at Eastex Credit Union
We are awarding six $500 scholarships to current high school seniors or undergraduates who are members of the credit union. If you know a high school senior or undergraduate that could benefit from this scholarship opportunity, share this link with them today! If they are not currently members of the credit union, but would like to join, contact an Eastex CU representative today. Click here to read the eligibility requirements and to apply for the 2023-2024 Eastex Credit Union Scholarship. The deadline to apply for the 2023-2024 Eastex Credit Union Scholarship is Friday, April 5, 2024, by 5:00pm.
Borrow Wisely with Eastex Credit Union
If you are a graduating senior or undergraduate student who needs additional funding for school, reach out to Eastex Credit Union today! We can provide more information on ways to help you fund your higher education. We have many solutions readily available with low interest rates and comfortable monthly payments. Contact us today!
