Lucky Kelowna and Lake Country students could walk away with cash for post-secondary school

Interior Savings Credit Union is awarding $640,000 in bursaries in the Thompson-Okanagan

As the school year winds up, many students are making plans to save for their tuition next year. For 640 of those students, their cost of education just became a little bit lighter.

This year, Interior Savings Credit Union is awarding $640,000 in bursaries to students in the Thompson Okanagan area. Since its launch five years ago, the Interior Savings Million Dollar Bursary program has now awarded more than $2.5 million in bursaries.

According to Kathy Conway, CEO of Interior Savings, the Million Dollar Bursary is part of a bold commitment by the Credit Union to share profits with its members while also helping to support continuous education.

“We believe in local money for local good,” she said. “What better way to create local good than to dedicate a portion of our profit sharing program to help our young members get a head start in life.”

To be eligible you must be between 17 to 24 years old, a member of the Credit Union and you must have plans to attend full-time studies in a recognized degree, diploma or trade certification program. Any bursary money not claimed is returned to the general profit sharing pool which is paid each year to Interior Savings members. This spring, in addition to these bursaries, the Credit Union returned another $1.5 million in rewards and dividends to its members.

If you’re attending a high school graduation awards ceremony in the next two weeks, watch for award recipients to be announced. According to Conway, a number of high schools will see more than 10 per cent of their graduating class receives a Million Dollar Bursary award. Of note, 12 awards will be presented at Lillooet Secondary, 14 at George Elliot in Lake Country, 14 at Merritt Secondary, 37 at Mount Boucherie Senior Secondary in West Kelowna, 34 at OKM in Kelowna, 22 at Valleyview Secondary in Kamloops and an impressive 72 bursaries will be presented at each of the Rutland Senior Secondary and Kelowna Senior Secondary school ceremonies.

To learn more about the Million Dollar Bursary program go to www.milliondollarbursary.com.


edit@kelownacapnews.com

Like us on Facebook and follow us on Twitter.

Just Posted

The Westbank First Nation to be a fixture of Westside Daze

This Canada Day long weekend mark your calendars

Updated: Kelowna cops investigate armed robbery at city centre business

Robbery sparks late afternoon manhunt by armed police officers with guns drawn

Kelowna mayor pays emotional tribute to late senior city manager

Colin Basran chokes up remembering city corporate and protective services director Rob Mayne Monday

Country Music hopes to raise funds for Grand Forks families

The event will take place at OK Corral in Kelowna

NDP executive steps down in North Okanagan Shuswap

in-house ‘spending scandal’ blamed for Saturday’s resignation decision

Updated: Kelowna cops investigate armed robbery at city centre business

Robbery sparks late afternoon manhunt by armed police officers with guns drawn

UPDATED: Oliver wildfire extinguished, B.C. Wildfire mopping up

6-ha. brush fire contained before it could spread farther

Late goal gives England 2-1 win over Tunisia

At the last World Cup in 2014, England couldn’t even win a game

Canadian military police officer pleads not guilty to sex assault

Sgt. Kevin MacIntyre, 48, entered his plea today at a court martial proceeding in Halifax

Vernon cold case murder suspect bail hearing Tuesday

Paramjit Singh Bogarh will appear in Vernon Law Courts at 10 a.m. June 19

Elvis lives again in Penticton

Elvis Festival back this weekend for 17th year

Tigers looking to lock up title

Face Flames tonight in Penticton

Cheers erupt as Federal Court judge approves historic gay purge settlement

Gay military veterans said they were interrogated, harassed and spied on because of their sexuality

Remains of two people found on Vancouver Island

Officials have not said whether or not the remains belong to two missing men, last seen in Ucluelet in mid-May

Most Read