LendKey and Member Student Lending awarded scholarships to high-achieving undergraduate students studying at an accredited 4-year college or university.

Member Student Lending, a leading network of credit unions offering private student loan and student loan refinance lending solutions, and LendKey, a pioneer in network digital lending, today announced the list of winners for their $20,000 in college scholarships.

Twenty merit-based $1,000 scholarships were made available to members of the Member Student Lending CUSO credit unions and are one-time awards for high-achieving undergraduate students studying at an accredited four-year college or university.

“We are committed to helping our members achieve their educational goals,” said Dan Picard, Member Student Lending Board Chair. “The rising cost of tuition is a major barrier for many students, and we’re excited to match LendKey’s initial offering of ten scholarships.”

The list of winners includes members from eleven credit unions including the number of winners from each:

City of Boston Credit Union (7)
Campbell Federal Credit Union (3)
United Poles Federal Credit Union (2)
Peninsula Federal Credit Union (1)
LAFCU (1)
Central Virginia Federal Credit Union (2)
Northern Star Credit Union (1)
FedChoice Federal Credit Union (1)
Garden Savings Federal Credit Union (1)
HomeTown Credit Union (1)

Applications for the scholarships opened May 1 and closed May 29, 2023. A third party, Scholarship America managed the selection process using a standardized rubric to measure candidates’ community involvement, academic achievements, and other qualifications.

“We are happy to provide financial assistance to motivated students, and are excited to see what these talented individuals will accomplish in the future," said Vince Passione, LendKey Founder and CEO. “We look forward to partnering with Member Student Lending again next year on this scholarship initiative.”