MIAMI (6/2/14)--Fifteen students from South Florida will have their college educations paid for in full, thanks to South Florida Educational FCU, which awarded a total of $197,000 to the winners of its college scholarship program this year.
(South Florida Educational FCU photo)
The winners of the 19th annual Hubert O. Sibley scholarship award were named in May.
"We take pride in helping these students fulfill their educational goals," said Michael DiBenedetto, president/CEO of the Miami-based $843 million-asset credit union. "It's a great feeling to be able to help fund their college efforts."
All 15 students receive a full-ride to any of Florida's 11 state universities through the Florida Prepaid University Plan. The scholarships cover tuition and fees for 120 undergraduate credit hours, or about four full school years.
Scholarships through this program, founded in 1995, have been extended to 278 students, totaling about $3 million.