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SECU gives annual gift to USM

Linthicum-based SECU, one of the largest credit unions in the United States in total assets, will present a $50,000 annual gift to the University System of Maryland Foundation, to be awarded to students transferring from one of the state’s 16 two-year community colleges to any of USM’s 11 undergraduate institutions and two regional higher education centers.

The scholarship program will help community college students who might be unable to afford the higher cost of a four-year college to continue their educations, according to SECU. SECU will continue the annual gift of 10 scholarships, each worth $5,000, indefinitely, without any specific cutoff date, a SECU representative said.