Shrewsbury's Central One Federal Credit Union Opens 2023 Scholarships

SHREWSBURY, MA — Shrewsbury-based Central One Federal Credit Union has started accepting applications from local students for the local chain's 2023 scholarship round.

Each spring, the credit union offers a range of scholarships to students in communities where it has branches, including Auburn, Shrewsbury, Westborough, Worcester and Algonquin Regional High School in Northborough — and soon Milford, where it's planning to open a new branch this spring.

The awards include one $4,000 scholarship paid over four years, plus five $1,000 one-time scholarships. The awards are available to seniors graduating in May who plan to attend a four-year college or university and who are planning to major in business or finance.

Scholarships will be awarded based on academic performance, need and extracurriculars. Applications are due by April 15, and can be completed on the credit union's website.