Dupaco Foundation to Award $40,000 in College Scholarship Money

DUBUQUE, Iowa—Applications for the 2021 Dupaco R.W. Hoefer Foundation College Scholarship Program are now available. The scholarship program awards a total of $40,000 to twenty first-time incoming students within two different programs:

  1. 4-Year College University Program: Ten $2,000 scholarships will be awarded to first-time, full-time students entering a four-year college or university earning an undergraduate degree for the 2021/2022 academic year.
  2. Community College/Trade School Program: Ten $2,000 scholarships will be awarded to first-time students entering a community, technical or trade school, earning a degree or certificate for the 2021/2022 academic year.

The online application, instructions, and additional details regarding the scholarship program can be found at dupaco.com/scholarships. The deadline to apply is 11:59 p.m. (CT) Thursday, February 25, 2021.

Applications are awarded based on academic achievements, employment, extracurricular involvement, financial need, community involvement, and either a video or essay submission.

Dupaco Community Credit Union recognizes that education is the path to a sustainable financial future. By providing needed financial aid to college-bound students, the scholarship program helps them realize their potential, according to Dupaco R.W. Hoefer Foundation board member Bob Hoefer.

“Dupaco sees higher education as an investment in the future,” Hoefer said. “By making this scholarship money available, we hope to help make the dream of attending college a reality for these students.”

Scholarship winners will be notified by April 9, 2021.

ABOUT DUPACO COMMUNITY CREDIT UNION:

Dupaco Community Credit Union is a not-for-profit, member-owned financial cooperative. It is dedicated to the financial well-being of its members, and specializes in customized financial counseling, money advice and education. It offers savings, loans, investments, insurance and wealth management products for individuals and businesses. Dupaco serves residents in 112 counties throughout Iowa, northwest Illinois and southwest Wisconsin. Chartered in 1948, membership totals more than 134,000 with assets exceeding $2.4 billion. Visit Dupaco at www.dupaco.com.

ABOUT DUPACO R.W. HOEFER FOUNDATION:

The Dupaco R.W. Hoefer Foundation was established in 2011 to honor the retirement of 47-year employee and long-time Dupaco Community Credit Union President and CEO Robert W. “Bob” Hoefer.  The Dupaco R.W. Hoefer Foundation, a 501(c)(3) organization, reflects the spirit of Dupaco’s mission of improving peoples’ financial positions and enhancing the quality of life. The foundation is designed to carry on the Bob Hoefer tradition of providing personal financial assistance and coaching to help hardworking and financially prudent people recover from unforeseen life events and to increase their opportunities for financial stability through education. Learn more at www.dupaco.com/foundation.

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