Dothan, AL, June 30, 2022 – The Five Star Credit Union Foundation is making its first scholarship grants to help students pay for college for the 2022-2023 school year. The Five Star Credit Union Foundation awarded $10,000 grants each to College of Coastal Georgia, Southern Regional Technical College, and Wallace Community College. Providing scholarships is one of the main ways the Five Star Credit Union Foundation removes the financial barrier to college for students in the Wiregrass.
“Our purpose at Five Star is to brighten the financial future of the communities we serve,” said Robert A. Steensma, president of the Five Star Credit Union Foundation. “By helping as many students as possible attend college, it sets a foundation for the rest of their lives. We want to not only remove barriers for our members to gain access to financial services, but we also want to remove barriers to help our communities prosper and gain the skills they need to be successful.”
Five Star Credit Union has an existing relationship with each college. For the past four years, Five Star has sponsored one scholarship at Wallace Community College in Dothan. Five Star currently sponsors a $2,000 grant with Southern Regional Technical College in Bainbridge, GA to cover the costs of the GED/HSE program in Mitchell County. Five Star has provided financial education to the College of Coastal Georgia in Brunswick, GA.
The Five Star Credit Union Foundation $30,000 grants will help eight students attend their freshman year tuition free. The scholarships went into each college’s general scholarship fund and each college chose the winning recipients.
College of Coastal Georgia
“We are so thankful to the Five Star Credit Union Foundation for their generous gift to support our students,” said Michelle R. Johnson, president of College of Coastal Georgia. “This scholarship will make a significant difference in the lives of students and will allow them to stay focused on their education.”
Southern Regional Technical College
“The Five Star Credit Union Foundation’s continued generosity is characteristic of their commitment to supporting the remarkable potential of our students,” said Jim Glass, president of Southern Regional Technical College. “These substantial scholarships will surely send a message to our students that their future matters not only to themselves and their families, but to their entire communities. I am confident that Five Star Credit Union Foundation’s investment in high-quality education will pay dividends for many years to come.”
Wallace Community College
“The College is incredibly grateful to Five Star Credit Union Foundation for its generous donation,” said Dr. Linda C. Young, president, Wallace Community College. “This investment will provide scholarship assistance for students as they to earn a degree which, in turn, will make a major impact on their quality of life and on their family’s quality of life. Without strong community and business partnerships like Five Star Credit Union Foundation, the Wallace Community College Foundation would not be able to support students during their educational journey and assist them achieve academic success and career training.”
About Five Star Credit Union Foundation – Established in 2020, the Five Star Credit Union Foundation is a 501©3 private foundation that is fully funded by Five Star Credit Union. The Five Star Credit Union Foundation is committed to brightening the future of the communities it serves through scholarships, financial education, programs for kids, and to be a community resource. Learn more at Five Star’s website.