Dupaco Foundation Awards $40,000 in College Scholarship Money

DUBUQUE, Iowa—The Dupaco R.W. Hoefer Foundation College Scholarship Program awarded a total of 20 non-renewable, $2,000 college scholarships to first-time, full-time students planning to attend an accredited community college, trade school, technical college or university. 

The scholarships are funded by (member contributions to) the Dupaco R.W. Hoefer Foundation. Dupaco awards ten $2,000 scholarships to students who will be attending an accredited four-year college or university and ten $2,000 scholarships to students planning to attend an accredited community college, trade school or technical college for a degree or certificate.

Scholarship applications were judged on scholastic standing, extracurricular activities, financial need and a creative piece.

Congratulations to the following 2021 scholarship recipients:

  1. Sydney Benson, Galena, IL
  2. Nathan Donovan, Hazel Green, WI
  3. Emily Failmezger, Peosta, IA
  4. Olivia Fessler, Dubuque, IA
  5. Vanessa Gaul, Dyersville, IA
  6. Sophia Hefel, Dubuque, IA
  7. Grace Heft, Swisher, IA
  8. Makenna Hoffman, Carroll, IA
  9. Lily Jochum, Dubuque, IA
  10. Nicole Johnson, Galena, IL
  11. Tyson Morrissey, Shullsburg, WI
  12. Braelyn Mowry, Platteville, WI
  13. Olivia Reinert, Dubuque, IA
  14. Lauren Riggle, Amana, IA
  15. Quiana Sabers, Durango, IA
  16. Natalie Schloss, Winthrop, IA
  17. Mary Scott, Galena, IL
  18. Anna Spahn, Dubuque, IA
  19. Jarumi Vazquez, Dubuque, IA
  20. Maya Wachter, Dubuque, IA

Dupaco 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,” he said. “By making this scholarship money available, we hope to help make the dream of attending college a reality for these students.”

More information can be found at dupaco.com/scholarships. 


Dupaco Community Credit Union is a not-for-profit, member-owned financial cooperative. It is dedicated to the financial sustainability 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 139,000 with assets exceeding $2.6 billion. Visit Dupaco at www.dupaco.com.


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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