HOLMDEL, NJ (June, 27, 2013) United Teletech Financial Federal Credit Union (UTF) awarded its annual scholarship on June 25 to Michelle Jin of Middletown South High School. Jin received $500 to put toward her tuition at Cornell University this coming fall.
UTF joined with the New Jersey Credit Union League’s Youth Involvement Board (YIB) Scholarship Program for the 2012-2013 academic year to offer its members a chance to win scholarship money toward continuing education. The YIB received more than 300 applications from 27 credit unions throughout New Jersey.
The YIB uses a scoring rubric to score applications; each applicant receives a score between zero and 100. Though no one from UTF was chosen as a YIB winner, UTF took the two highest scoring members and awarded them $500 each.
“We are very proud of the achievements of the students representing United Teletech Financial in this year’s scholarship program,” Bryan Eichenbaum, UTF’s Vice President of Sales and Lending, said. “We look forward to continuing to support the NJCUL in offering this scholarship to aspiring college candidates.”
Jin of Middletown and another UTF member of East Brunswick were chosen out of 17 members from UTF who applied for this scholarship.
United Teletech Financial (UTF) is a not-for-profit credit union serving members in central New Jersey. Founded in 1967 to meet the needs of Bell Labs employees, the credit union has grown to over 380 sponsor companies. Under a community charter granted by the National Credit Union Administration in April 2005, UTF now offers membership to residents in Monmouth and Ocean counties and parts of central Middlesex County. For more information, visit www.utfinancial.org.