Penticton and Okanagan Falls students received an email from Interior Savings with some very welcome news on Friday.

Some South Okanagan students are $1,000 richer

Million Dollar Bursary Program offers bursaries each year to Interior Savings’ young members

Twenty-five Penticton and Okanagan Falls students received an email with some good news Friday from Interior Savings.

Students across the BC interior are getting $1,000 to help with their tuition, according to a media release from Interior Savings on May 17. A total of $116,000 has gone to students in the South Okanagan since the Million Dollar Bursary Program kicked off six years ago.

READ MORE: Support is pouring in for Kampe’s final fundraising initiative

The program offers up to $1 million in bursaries each year to Interior Savings’ young members, reads the release. With this week’s announcement of $767,000 in new bursaries, the program will have surpassed $3 million in awards since inception.

In some high schools, more than 10 per cent of the graduating class will receive an award from Interior Savings.

According to Kathy Conway, CEO of Interior Savings, the bursary program is part of a commitment by the Credit Union to share profits with its members while also helping its younger members make a positive move forward with ongoing education.

READ MORE: Summerland students to participate in $100 challenge

“Through our Million Dollar Bursary program, we aim to help students graduate from post-secondary in a better financial position,” said Conway in the release. “The $1,000 bursary definitely helps in this regard.”

To be eligible for the bursary, students must be between 17 to 24 years old, a member of the Credit Union and have plans to attend full-time studies in a recognized degree, diploma or trade certification program. The Credit Union has committed to awarding up to $1 million in bursaries every year until 2021. Learn more at www.milliondollarbursary.com.

“Any bursary money not claimed is returned to the general profit sharing pool which is awarded each year to Interior Savings members. This spring, in addition to these bursaries, the Credit Union returned another $1.4 million in rewards and dividends to its members,” the release reads.

To report a typo, email: editor@pentictonwesternnews.com.


Robin Grant
Reporter, Penticton Western News
Email me or follow me on Twitter
Follow us on Facebook | Twitter | Instagram

Just Posted

Friends and family gather for Parkinson SuperWalk in Salmon Arm

Word on the street: How has Parkinson’s Disease affected you or your family?

Vote online to help light up the Larch Hills

Larch Hills Nordic Society competing for Kraft Heinz Project Play funding

Update: Father calls for better drug recognition after 8-year-old overdoses at Okanagan school

The young child ingested an unknown substance Wednesday at a Kelowna school

Seniors at Salmon Arm assisted living facility shocked by Oct. 1 eviction notice

Building owners terminate lease for McGuire Lake Congregate Living, Shuswap Grill Gourmet Burgery

Centennial Field purchase under fire at CSRD open house

South Shuswap residents raise concerns over alternative approval process and quality of property

VIDEO: Vancouver Island mayor details emergency response after fatal bus crash

Sharie Minions says she is ‘appalled’ by condition of road where bus crashed

UVic president offers condolences after two students killed in bus crash

‘We also grieve with those closest to these members of our campus community,’ Cassels says

Coming Home: Penticton fire chief and disaster dog return from hurricane-ravaged Bahamas

The pair spent roughly one week on Great Abaco Island assisting in relief efforts

World champion snowmobile racer seeks public’s help after dirt bikes were stolen in Penticton

The bikes, valued at $25,000 and $11,000, were stolen from the back of a locked truck on Sept. 12

Newcomer Ferland lines up with sniper Pettersson as Vancouver Canucks camp opens

Ferland provides more depth and a scoring threat up front, Pettersson says

Intelligence official charged seemed to be ‘exemplar of discretion’: UBC professor

Professor Paul Evans says he served on Cameron Ortis’s doctoral dissertation committee

Penticton teen cyclist allegedly struck by black Ford truck resulting in hematoma

The incident occurred at the intersection of Westminster Avenue West and Power Street

LyleXOX launches first solo exhibition at Liquidity Wines in OK Falls

The Canadian artist has amassed thousands of fans for his beautiful self-portraits using found items

EDITORIAL: This is our election

It is up to the voting public to identify the issues in the upcoming federal election

Most Read