Desert Financial Foundation Awards $192,000 in Scholarships to Arizona Students

PHOENIX, Ariz. (May 21, 2024) – Today, Desert Financial Foundation announced $192,000 in college scholarships to 60 Arizona students. 

The scholarship program includes Community Service Scholarships for high school seniors who volunteer in their communities and Adult Learners Scholarships for adults ages 25 or older who are pursuing certificates or degrees. Nearly 250 Arizona students applied for the 60 available scholarships.  

“We are proud to have given away more than $1 million in scholarships to high school seniors and adult learners in the past eight years,” said Jeff Meshey, Desert Financial Foundation vice-chair. “An educated workforce increases economic opportunity for everyone in our community – which is why supporting education has been a top priority at Desert Financial since its founding 85 years ago.”

Desert Financial Foundation has awarded more than $1 million in scholarships since it first launched in 2015, with the goal of supporting students seeking to better their lives and financial situations through education. 

Community Service Scholarships

Thirty high school seniors were awarded a total of $96,000 in Community Service Scholarships. More than 80 students, who completed a minimum of 50 hours of community service last year, applied for the scholarships. 

Three students stood out from the rest to receive the top $5,000 scholarship. They include:

• Yaretzi Ortiz, of Tolleson Union High School in Tolleson
• Trevor Schuhrke, of Basha High School in Chandler
• Ashley Thompson, of Dobson High School in Mesa

The remaining recipients each received $3,000 scholarships. 

“Engaging in community service activities has enriched my life in numerous ways and has shaped my character and values,” said Ortiz, who volunteered more than 775 hours in 2023. “I’ve developed skills that will be needed for the rest of my life including leadership, communication and organizational skills.”

In addition to completing the minimum 50 hours of community service, students were required to maintain a minimum 3.0 grade point average, enroll in an Arizona college or university for the Fall 2024 semester, demonstrate financial need and be, or be related to, a Desert Financial member to be eligible for the scholarships. 

Combined, the community service scholarship recipients provided more than 4,100 hours of community service in 2023. 

Adult Learners Scholarships

Of the nearly 160 applicants who applied for the Adult Learners Scholarship, 27 were selected to receive $3,000 scholarships. Three additional scholarship recipients were randomly selected for $5,000 awards. A total of $96,000 was given to the 30 recipients. 

The adult learners who received $5,000 scholarships include: 

• Andrew Cochran of San Tan Valley
• Timothy Kilcoyne of Phoenix
• Joshua Walker of Glendale 

To qualify for the scholarship, applicants must be aged 25 years or older; currently enrolled in or intending to enroll in an accredited Arizona college, university or certification program; and be a current member of Desert Financial Credit Union.

“Being a newly single mother of four, continuing my education to provide a better life financially for my children is difficult,” said Cassandra Melendez of Glendale who is studying to be a nurse. “This scholarship will help take off some of the stress of having to pick up extra shifts to make ends meet for tuition costs.”

In addition to the scholarships, each recipient received a bag of gifts from the credit union, including an iPad, iPad case, Apple Pencil, snacks and other school supplies, to prepare them for their higher education experience. 

The recipients celebrated their awards during the 2024 Desert Financial Foundation Scholarship Ceremony at Chateau Luxe in Phoenix on May 15. 
 
To learn more about Desert Financial Foundation scholarship programs, visit DesertFinancial.com/Scholarships. 

Contacts
Nina Tekwani, Director of Brand Communications
press@desertfinancial.com

About Desert Financial Credit Union

Celebrating 85 years in Arizona, Desert Financial is the state's most trusted local credit union with over $8 billion in assets, 450,000+ members and nearly 50 branches. Membership eligibility is open across Arizona with contactless solutions making it easy to click, call or come in. As a not-for-profit cooperative, Desert Financial takes pride in sharing success. In 2024, members received $20 million in dividends via the Member Giveback Bonus. Desert Financial is the official retail banking partner of Arizona State University^®. Federally insured by NCUA. Learn more at desertfinancial.com.