American 1 offers scholarships through its annual Community Involvement Scholarship Program, funded by American 1’s Skip-a-Pay program. This program allows credit union members to skip one month’s loan payment for $25, and a portion of the $25 fee funds the scholarship program.
This year surpasses the 200th scholarship awarded since the program began in 2004. After awarding the 2021 graduating seniors, American 1 will have given 208 scholarships resulting in $208,000 total.
“I’m thrilled to cross the $200,000 milestone with our scholarship program,” said Janelle Merritt, Vice President of Community Partnerships at American 1. “Education is one of our key giving areas, and this program shows our ongoing support of education and youth in our local communities.”
To apply for the need-based American 1 Scholarship, the student applicant must meet the following criteria:
- Resides in Calhoun, Hillsdale, Jackson, Lenawee, Monroe, Washtenaw, or Wayne County
- Current senior in high school
- Looking to further their education after they graduate, including college degree or skills-based education/certificate program
Additionally, students must write an essay on how further education will improve their personal life and their community.
For more information about the American 1 Scholarship program, please visit www.american1cu.org/scholarships.
Established in 1950, American 1 Credit Union today serves over 59,000 members with 16 branch locations across Jackson, Washtenaw, Hillsdale, Calhoun, Lenawee, and Wayne counties. American 1 is proud to serve the members of their communities by creating financial wellness through personal everyday banking.