Hilo, HI. (January 10, 2023) – Getting ready to go to college is exciting, but it can also be a challenge especially with the rising costs of tuition, books, room and board, etc. HFS Federal Credit Union understands the burden that these costs can be. That’s why the Credit Union began awarding scholarships 11 years ago to help local students achieve their dreams of a higher education and to ease the financial burden.  So far, over $200,000 in scholarships have been awarded to over 80 recipients.  The Credit Union is proud to support its student members who will one day be leaders in the Big Island community and positive contributors in the workforce. Previous recipients have gone on to study in fields such as Education, Law, Nursing, Automotive Mechanics, Fire Science, Art and more.

Applications for the HFS Scholarship Program are now being accepted! The program is open to current Big Island high school seniors in the graduating class of 2023 and to existing college students. Student members of HFS pursuing higher education full-time at an accredited 2 or 4 year Vocational-Technical School, College or University in the 2023-2024 academic year are eligible to apply. Recipients will be selected based on a variety of criteria, including academic performance, achievements and community service.

The Credit Union has increased the number of scholarships that will be awarded for a total of $37,500 to selected students. Ten (10) Big Island high school seniors and five (5) college students will be awarded scholarships of $2,500 each.

For a complete list of requirements and to apply students may visit hfsfcu.org or inquire with their high school counselors. Completed applications with supporting documents must be submitted online no later than Tuesday, February 28, 2023.

For more information about HFS FCU and additional eligibility criteria, contact the Credit Union at (808) 930-1400, visit www.hfsfcu.org or stop by any of our branches in Hilo, Kea‘au, Prince Kuhio Plaza, Honoka‘a, Waimea or Kona. You’ll quickly see why HFS is the credit union where caring counts.

HFS Federal Credit Union (HFS FCU) is the largest not-for-profit and member-owned financial institution on Hawai’i Island. Established by just nine individuals in 1937, HFS started with very humble beginnings. The Credit Union continued to grow from serving just employees of the Federal and Territorial Governments in the County of Hawai‘i and their families, to now offering membership to any person who lives, works or attends school on Hawai’i Island.