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PenFed Foundation Partners with Purefy to Launch Black Veteran Student Loan Repayment Program
Black veterans in the Washington, D.C. region may be eligible to apply for student loan assistance through financial awards from the PenFed Foundation
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TYSONS, Va., June 4, 2021 /PRNewswire/ The
PenFed Foundation, a national 501(c)(3) founded by PenFed Credit Union, today announced the launch of a new Black Veteran Student Loan Repayment Program, with funding provided by
Purefy, a D.C.-based technology platform. PenFed Foundation aims to support Black veterans in the Washington D.C. region with student loan assistance. The PenFed Foundation will award $5,000 to 20 selected applicants by issuing a monthly payment up to $500 until $5,000 has been paid down on their student loan balances.
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ALEXANDRIA, Va., March 17, 2021 /PRNewswire/ The PenFed Foundation, a national 501(c)3 founded by PenFed Credit Union, today proudly announced an expansion of its Military Heroes Emergency Financial Assistance program as a result of data collected from its COVID-19 Relief Program. Changes to the program include extended assistance for rent and utilities for military families, as well as assistance with late fees.
U.S. Army veteran Racheal Robinson poses with her family. Racheal received assistance from the PenFed Foundation after her husband lost his job in early March 2020 at the onset of the pandemic.
On March 17, 2020, the PenFed Foundation became the first organization to launch a COVID-19 relief program for service members and veterans. In the first four days of the program, the PenFed Foundation received over 3,700 applications. To help meet this need, the COVID-19 relief program provided more than $540,000 in assistance to 932 qualif
PenFed Foundation Announces Additional Support for Military Families on One-Year Anniversary of COVID-19 Relief Fund Launch prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.