EAST LANSING, Mich. — MSU Federal Credit Union (MSUFCU) announced a $100,000 donation to Lansing Promise, presenting a check on Thursday, January 18, 2018, at its Headquarters campus.
The Lansing Promise is a scholarship program providing access to place-based tuition assistance for all eligible high school graduates or GED recipients living and schooling within the Lansing School District boundaries. By reducing financial barriers to college and career training after high school, the Promise is changing outcomes for an entire generation.
“This donation is an investment in our community and in the Lansing Promise scholars to help them achieve their dreams,” said April Clobes, MSUFCU’s President/CEO. “With local businesses supporting Lansing Promise through not only monetary donations but also mentorships, internships, and employment, we are all helping to build a brighter and more vibrant community.”
Promise scholars are eligible to receive tuition assistance over a four-year window to complete their associate’s degree, become certified in a skilled or professional trade at Lansing Community College, or receive an award of $6,500 toward their first two years at Michigan State University or Olivet College. Since 2012, more than 750 Promise Scholars have set foot in a collegiate classroom and have earned more than 120 degrees and certificates.
“Lansing Promise imagines a community that allows kids to lean in and achieve their dreams with access to education,” said Justin Sheehan, Lansing Promise’s Executive Director. “Together, with partners like MSUFCU, we are creating the conditions for success to occur. We believe in our children, knowing that education can change lives.”
MSUFCU has a national reputation for excellence and has received several top industry and workplace awards. For the sixth year in a row, MSUFCU was named as a Top Workplace in the large employer category by the Detroit Free Press. This year, it was also recognized as one of CU Journal’s Best Credit Unions to Work For, a Best Workplace for Women by Fortune Magazine, and Outstanding Credit Union of the Year by the Michigan Credit Union League. MSUFCU has also been nationally recognized for its financial education initiatives, ranking first in Michigan and second in the nation for the 2017 Alphonse Desjardins Adult Financial Education award by the Credit Union National Association and fifth in nation for youth financial education in 2016 by the National Youth Involvement Board. Founded in 1937 by MSU faculty and staff, MSUFCU has 18 branches, nearly 250,000 members, more than $3.7 billion in assets, and over 800 employees.
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