Veridian Awards $14,000 in Scholarships to Seven Iowa Students

July 6, 2023

WATERLOO, Iowa (June 23, 2023): Veridian Credit Union has awarded $14,000 in scholarships to seven students across Iowa for the 2023-2024 academic year. Two scholarships for $2,000 were awarded to Veridian members in each of three categories, including incoming freshmen, undergraduates and technical/trade students. An additional $2,000 was awarded in conjunction with the credit union’s ArtShare program for members who are high school seniors enrolling in an educational program that leads to a career in the arts.

The credit union updated its scholarship program last year to increase the number of recipients from four students to seven and add a category for technical and trade students. The change increased overall scholarship funding from $8,000 to $14,000 annually.

“We adjusted our scholarships to not only increase overall funding, but to add a category for students who will pursue training in a technical or trade program,” said Julie Gage, Veridian’s public relations strategist and scholarship coordinator. “These changes better align our scholarships with the diverse needs of local students, and we happy to support our recipients on their chosen career paths.”

Applicants submitted a 500-word essay about educating themselves on personal finance and money management. Essays from ArtShare Scholarship applicants detailed plans for their future in the arts. A panel of Veridian employees reviewed the applications and selected the following recipients:

Veridian member and Cedar Falls resident Sophia Woods also received a $3,000 from the Iowa Credit Union Foundation’s 2023 Warren A. Morrow Memorial Scholarship. Details about Veridian scholarships, including the next funding cycle, are available at veridiancu.org/scholarships.

Veridian Credit Union, founded in 1934 in Waterloo, Iowa, is a not-for-profit financial cooperative owned by its members. The credit union offers a full range of business and consumer financial services and employs 1,000 people throughout 30 branches in Iowa and eastern Nebraska. For more information, visit veridiancu.org or call (800) 235-3228.

###