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CU System
CU asks for essays on how to cut costs for the prom
EAST LANSING, Mich. (5/5/10)--Michigan State University (MSU) FCU kicked off its “Cash for the Bash” contest, asking high school juniors and seniors to explain how they are reducing the costs of going to the prom. Students submitted essays and videos about how to cut costs. Popular ideas included potluck dinners instead of restaurant meals, and using the family car instead of renting a limo. Alexis Cavazos-Kottke from Waverly High School submitted the winning essay. She will win a prom dress, dinner for two at a local restaurant, a boutonniere and corsage, and $250 deposited in her savings account at the credit union (Michigan Monitor May 3). “The essays and videos submitted were truly heartfelt,” said MSU FCU President/CEO Pat McPharlin. “We are all aware that the economy has tightened many families’ wallets and the essentials for program may not be what they once were. This contest allowed us to partner with local businesses to provide one lucky teenager with a fantastic prom package.” MSU FCU has $1.8 billion in assets.
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