Virginia Beach, VA (Feb. 1, 2017) – Chartway Federal Credit Union is honored to announce that it is now accepting applications for its 2017 Directors’ Memorial Scholarship Program. The credit union will award seven student members with $3,000 scholarships, totaling $21,000 in academic aid.

Applications are open to all graduating high school seniors, currently enrolled college students, or graduate students who are members of Chartway as of March 31, 2017. Recipients are selected on the basis of need, activities, academic performance, an essay, and letter of reference. Interested applicants have until midnight MT on March 31, 2017, to submit an electronic application, located on Chartway’s website: https://www.chartway.com/directors-memorial-scholarship-program.html.

The Directors’ Memorial Scholarship program was created in 1989 by its board members to promote and support educational advancement within the credit union’s membership. Since its inception, the organization has awarded $239,000 in student scholarships to its members.