BOULDER Colo.–Elevations Credit Union has renewed its sponsorship for the Buffalo Bicycle Classic (BBC) through 2026, reporting it has also increased its annual support to $50,000 per year.
Elevations, along with the University of Colorado’s College of Arts & Sciences, is a founding sponsor of the event, which was created in 2003 to raise scholarship funds for CU Boulder students.
With the new financial support the BBC has announced the creation of the Elevations Credit Union Buffalo Bicycle Classic Scholarship. The full tuition scholarship will be awarded annually to a continuing BBC scholar based on their excellent academic record at CU and their demonstrated commitment to academic and community service.
“We couldn’t be more thrilled to make a real impact in the lives of deserving students in our community,” said Dennis Paul, VP of business and community development at Elevations Credit Union. “Since 2003, we’ve been proud to support the efforts of the Buffalo Bicycle Classic, and we look forward to the next chapter of our relationship.”
The Buffalo Bicycle Classic has raised more than $3.6 million to support more than 400 CU Boulder students through scholarships since 2003. The students served by the BBC are some of Colorado’s brightest; each entering CU with over a 4.0 high school GPA. BBC student scholars also demonstrate strong financial need, the credit union said.
“The BBC organization, scholars and riders, are profoundly grateful for Elevations’ unwavering support,” said Rosie Allen, Buffalo Bicycle Classic ride & scholarship manager. “Because of this type of investment, we are able to help support approximately 50 top Colorado high school graduates each year.”