BRIGHTON — The Lake Trust Foundation announced today that scholarship applications for skilled trades technical education are now being accepted.
Prospective students may submit applications on the Foundation’s website at https://www.laketrust.org/Foundation/Scholarships for either one of four New Beginnings Scholarships worth up to $2,500 or one of five full-tuition Community Impact Scholarships.
The New Beginnings Scholarship addresses the need for skilled trade workers, and recipients will use funds for tuition costs and related items like professional fees or dues in attending a career technical education program or trade school in the next 12 months.
The Lake Trust Foundation’s Community Impact Scholarships support community-oriented entrepreneurial talent through Lake Trust Credit Union’s relationship with Cleary University. Five full-tuition Cleary scholarships are available for undergraduate or postgraduate tuition at Cleary, either online or at its locations in Howell, Detroit or Ann Arbor.
“As the Lake Trust Foundation enters our eighth year of offering scholarships, we have been impressed by the goals and drive of our recipients,” said David Snodgrass, president and CEO of Lake Trust Credit Union. “Lake Trust acts where we see a need in our communities, not only through the Foundation but as the state’s largest Community Development Financial Institution for 2018 we seek to serve disadvantaged businesses and low-income communities in Michigan.”
Founded in 2012, the Lake Trust Foundation is a 501(c)(3) nonprofit organization with a mission to make a difference in all the Michigan counties Lake Trust Credit Union serves across the state. Contributors to the Foundation are people who help fund support for local causes focusing on education, basic needs, health and wellness, the environment and more. For more information, visit https://www.laketrust.org/foundation/. For information on Lake Trust’s Moved By Good initiative, see https://laketrust.org/moved-by-good/.
With more than $1.8 billion in assets, Lake Trust Credit Union is the state’s fourth largest credit union in number of member accounts.