Bay Federal Credit Union 2025 Education Scholarship Opens for Applicants
Capitola, CA – December 2, 2024 - Bay Federal Credit Union is excited to announce it is now accepting applications for its 2025 Education Scholarship, designed to support students as they pursue their educational and career goals. The program will award up to three $1,500 scholarships to individuals enrolled in accredited colleges, universities, or trade schools.
Applications are open to Bay Federal members who demonstrate a commitment to their education and have a vision for the future of financial literacy. Interested applicants should submit their completed forms, proof of enrollment or acceptance, and essays by March 16, 2025. A panel of judges will review the submissions, and winners will be announced by April 30, 2025.
This year’s application asks students to reflect on the essay topic: How has technology impacted financial literacy and money management for your generation? Describe what improvements you would make to these educational resources to make them more broadly accessible and useful for young adults and others in your community.
“We recognize the critical role education plays in shaping the future,” said Carrie Birkhofer, President and CEO of Bay Federal Credit Union. “Our scholarship program is not just about financial assistance—it’s about celebrating the next generation of innovators and problem-solvers. We’re looking forward to hearing their ideas on creating more inclusive, accessible financial resources for all.”
Since its inception, Bay Federal’s scholarship program has contributed over $90,000 to local students, affirming the Credit Union’s commitment to the community.
For more information on the 2025 Education Scholarship program and to access the online application, visit bayfed.com/scholarships.
About Bay Federal Credit Union
Bay Federal Credit Union is a full-service, not-for-profit financial institution that serves over 88,000 members and 2,700 local businesses and non-profit organizations throughout Santa Cruz, San Benito, and Monterey counties. With more than $1.6 billion in assets, Bay Federal is the largest member-owned financial institution in the region. The organization has been proudly serving its members and the community since 1957. Bay Federal is a certified Community Development Financial Institution, with a primary mission of promoting community development alongside their financial activities. Bay Federal has an award-winning employee volunteer program in which employees have given their own money and volunteer for numerous local schools, nonprofit organizations, and community events each year.
Contact: Amy Ivey, SVP, Chief Marketing Officer
Bay Federal Credit Union
831.477.8409
aivey@bayfed.com
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