Somerville, MA) Naveo Credit Union announced it would offer its annual Carlos Faria and Victor Da Silva Memorial Scholarship for the 2019-2020 academic year. Naveo is offering four scholarships of $1,000 each.

The scholarship is open to full-time students currently enrolled, accepted or awaiting acceptance to a college or university in an undergraduate or graduate program. To qualify, applicants or their parent/guardian must be or become a Naveo member by the submission deadline. Applicants are asked to complete an application, provide a copy of their official transcripts and write a 400-500-word essay on what they suspect the industry of their major will be like in the next ten years.

The application process is open now through March 8, 2019. Naveo’s Scholarship Committee will anonymously select four recipients based on the quality of the essay and their financial need, scholastic merit as well as community and school involvement. The recipients will be awarded their scholarships at the Naveo Annual Meeting on April 4, 2019.

To apply or learn more about the Carlos Faria and Victor Da Silva Memorial Scholarship, visit www.naveo.org/scholarship.

Named after former board members for their dedication to education, the Carlos Faria and Victor Da Silva Memorial Scholarship Fund has been a part of the Credit Union since the 1980’s.