Randolph-Brooks Federal Credit Union Establishes $50,000 Founder's Scholarship for Northeast Lakeview College

(l to r) Dr. Martha Trevino, College and Grants Development Director; Mr. Randy Smith, President and CEO, Randolph Brooks Federal Credit Union; Dr. Eric Reno, NLC President; and Carolyn Kelley, ACCD District Manager Donor Relations, display the giant check reflecting the credit union's donation to establish a Founder's Scholarship at NLC.

Randolph-Brooks Federal Credit Union (RBFCU) has established a $50,000 Founder’s Scholarship at Northeast Lakeview College, the newest of the Alamo Community Colleges. Endowed scholarships exist for perpetuity as only the interest earned on the principal is awarded. Managed by the ACCD Foundation, the accrued funds from the RBFCU Founder’s Scholarship will be used to award scholarships to generations of future Northeast Lakeview College students.

The Randolph-Brooks Federal Credit Union Founder’s Scholarship will be awarded to a Northeast Lakeview College student based on both financial need and academic merit. The financial award will range from $750 per semester for a full-time student to $500 per semester for a part-time student. The first student scholarship from the proceeds of this contribution will be awarded in Fall 2008.

“It is a rare and rewarding experience to institute a founder’s scholarship to a newly-established institution of higher education,” said Randy Smith, RBFCU CEO. “We understand the importance of a college education and this scholarship will allow us to build futures for college students for generations.” Randolph-Brooks FCU is one of the first donors to contribute to Northeast Lakeview College and has established the largest scholarship to date.

In addition to the Founder’s Endowment Scholarship, contributions are also being accepted to the General Scholarship Fund. Other donation opportunities, including the naming of buildings, facilities, and smaller institutional items are also available. Contact the Northeast Lakeview College Office of College Development at (210) 590-5469 for more information.