Jamaican CU Awards $1.9 Million in Scholarships

MANDEVILLE, Manchester —Manchester Co-operative Credit Union (MCCU) here has awarded grants to 29 students totaling $1.9 million to assist them with their secondary and tertiary level education

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(The Jamaican dollar was  trading at about 75 cents to the U.S. dollar as of press time.) Twenty-one students are recipients of the MCCU's Primary Exit Profile (PEP) Bursary award, seven are recipients of the Sydney Carter Bursary and one student received the Sydney Carter Scholarship, according to the Jamaica Observer.

“We have to invest in our people and ensure they are equipped with the knowledge, skills, attitudes and levels of awareness that will make them participate successfully in society,” the Observer quoted MCCU President Alexander Bourne. “The Manchester Co-operative Credit Union believes in our people and the value of education and that is why we make this significant investment,” said Bourne.

MCCU General Manager Michelle Ambersley added that this year the credit union received the largest-ever number of applicants for the Sydney Carter Scholarship, which caters for students at the tertiary level and PEP Bursary for those about to enter high school.

“This year we had 76 applicants for the Sydney Carter Scholarship and 30 applicants for the PEP Bursary. This has been the largest number of applicants to date...we can attribute this increase of over 50 per cent to our social media platforms,” Ambersley told the Observer.

Section: Standard
Word Count: 333
Copyright Holder: CUToday.info
Copyright Year: 2019
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URL: https://www.cutoday.info/THE-globe/Jamaican-CU-Awards-1.9-Million-in-Scholarships