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Applications open January 7, 2019, for Michigan residents to acquire the education to meet tomorrow’s demands for technical careers and visionary business community leadership. Nine scholarships will be awarded by Lake Trust Credit Union in two categories:

  • The New Beginnings Scholarship addresses the need for skilled trade workers, and recipients will use funds for tuition costs and related items like professional fees or dues in attending a career technical education program or trade school in the next 12 months. Four $2,500 scholarships are available.
  • The Community Impact Scholarship supports community-oriented entrepreneurial talent through Lake Trust Credit Union’s relationship with Cleary University. Five full-tuition Cleary scholarships are available for undergraduate or postgraduate tuition at Cleary, either online or at its locations in Howell, Detroit or Ann Arbor.

Prospective students may submit applications on the Foundation’s website at for either program.

“As the Lake Trust Foundation enters our eighth year of offering scholarships, we have been impressed by the goals and drive of our recipients,” said David Snodgrass, President and CEO of Lake Trust Credit Union. “Lake Trust acts where we see a need in our communities, not only through the Foundation but as the state’s largest Community Development Financial Institution (CDFI) for 2018 we seek to serve disadvantaged businesses and low-income communities in Michigan.”

The Foundation helps to build and sustain stronger communities through partnerships, outreach programs, grants, financial assistance and support for under-served people. It has it has awarded scholarships since 2013.

Learn about more scholarships!

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The Lake Trust Foundation is a 501(c)(3) nonprofit organization with a mission to make a difference in all the Michigan counties Lake Trust Credit Union serves across the state. Contributors to the Foundation are people who help fund support for local causes focusing on education, basic needs, health and wellness, the environment and more. Through partnerships, outreach programs, grants, financial assistance and support for a community’s underserved people, the Foundation helps to build and sustain stronger communities. Learn more about Lake Trust’s Moved By Good initiative at or Follow @movedbygood on Twitter, Instagram, Facebook and LinkedIn.