First Financial Foundation Awards Scholarship to University of New Hampshire Student

Press Release

Lauren Harper 2

FREEHOLD, N.J. – The First Financial Federal Credit Union Foundation (www.firstffcu.com) awarded a $500 scholarship to Lauren Harper of New Egypt, a senior who recently graduated from the Marine Academy of Technology and Environmental Science (Sandy Hook, NJ). She will be attending the University of New Hampshire this fall as a Biomedical Sciences major with a Mathematics minor.

In order to qualify for this year’s scholarship, high school seniors attending school in Monmouth or Ocean Counties were given the option to submit a written essay or create a 60 second video clip. The students must also be attending an accredited 2 or 4 year college or university in the fall of 2016. Four winners were selected to receive a $500 First Financial Foundation 2016 Erma Dorrer Literary Scholarship.

This year’s essay topic: You and a friend decide that you would like to start building credit. Discuss with your friend what good credit is, ways to start building credit, how your credit union can help, and the benefits earned by having good credit.

The year’s video topic: Create a 60-second video that covers the importance of financial literacy.

Harper submitted a bright and innovative film clip, which discussed how financial literacy, especially as part of the American Dream, can make a profound impact on one’s financial life from the beginning of adulthood all the way to retirement. In her video she states, “Personal financial literacy requires long term goals and vision. It requires a person to plan for the future and have the discipline to use their financial literacy skills every day. Financial literacy skills span from knowing how much money to save for your first car to choosing the best insurance policy for yourself.”

“We are thrilled to be able to aid these admirable and bright young students in their journey of success and education,” said First Financial President and CEO, Issa Stephan.  “Our credit union puts a high priority on education. After all, that’s how First Financial began 80 years ago – with a group of schoolteachers in Asbury Park.”

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About the First Financial Foundation: Since 1994, First Financial has supported the Monmouth & Ocean communities with the Erma Dorrer Scholarship Program. Today, that program has been extended into the First Financial Foundation to assist charitable organizations of the Monmouth & Ocean County Communities.  The First Financial Federal Credit Union Foundation is a non-profit working to support a variety of community programs and organizations throughout Monmouth and Ocean Counties.  We direct 100% of your contributions to programs because all administrative expenses are paid for by First Financial Federal Credit Union.  To learn more, visit http://www.firstffcu.com.

First Financial Foundation 2016 Scholarships – Call for Entries

This year, our non-profit organization — the First Financial Foundation — will be awarding (4) $500 Erma Dorrer Literary Scholarships to high school seniors within Monmouth and Ocean Counties attending a 2 or 4 year college or university in the Fall of 2016. Applicants must apply on or before 11:59pm on Friday, June 10, 2016.*

This year, the First Financial Foundation has decided to provide two different topics for students to choose from, to apply for a scholarship in the form of a written essay or a short video. You may choose to apply by submitting either the essay OR the video.
Essay Topic: You and a friend decide that you would like to start building credit. Discuss with your friend what good credit is, ways to start building credit, how your credit union can help, and the benefits earned by having good credit.
 
Please note: Essays should be no longer than three pages, 11 point font, typed and double spaced.
 
Video Topic: Create a 60-second video that covers the importance of financial literacy.
Please note: Video clips should be recorded and uploaded to YouTube prior to applying, and no more than 60 seconds in length. 
Qualifications and other important information:
  • Four $500 scholarships will be awarded to four graduating high school seniors from any High School within Monmouth or Ocean Counties who will attend (Fall 2016 Semester) a 2 or 4 year college anywhere within the country.  The student must be a graduating high school senior from the class of 2016. The student does not have to be a First Financial member to apply for the scholarship, however in order to receive the $500 scholarship – the student will need to open a First Financial membership and should they be selected as a recipient of the scholarship, it will be directly deposited into their First Financial account only. No printed checks will be awarded.
  • Students accepted to trade or technical schools will not qualify for this scholarship.
  • A valid copy of either a college acceptance letter, student schedule, or registration confirmation must accompany all applications.
  • To apply, please email the essay or the link to your YouTube video to the First Financial Foundation at foundation@firstffcu.com, or you may send a printed copy of your essay or flash drive (these will not be returned to you), and supporting documentation to the First Financial Foundation at PO Box 1172, Toms River NJ 08754.  Please be sure to list your contact information on your entry including your full name, address, phone, email, name & location of high school you graduated from in 2016, membership number and date of membership (if applicable), where you will be attending college in the Fall 2016 Semester, and any volunteer work you participate in.
Winners will be announced and notified via email by 5pm on June 24, 2016
Deadline for entry submission is 11:59pm on Friday, June 10th.
Good Luck – creativity is encouraged!

 

Please note: Children or relatives of First Financial employees or members of the Board of Directors, or those living within the same household as a First Financial employee are not eligible to apply for the Erma Dorrer Literary Scholarship.