Aloha Pacific Federal Credit Union extends deadline for $35,000 scholarship program

Aloha Pacific Federal Credit Union has extended the deadline for its annual Masami Oishi Memorial Scholarship program to May 26. 

Aloha Pacific will award a total of $35,000 in scholarships to 16 deserving students – $5,000 to the most outstanding applicant and $2,000 each to 15 other recipients. 

The $5,000 scholarship will be the Wallace Y. Watanabe Excellence Award in memory of Aloha Pacific Federal Credit Union’s former president and CEO who retired in 2013 after 41 years of service. He passed away in September 2020.

Now in its 36^th year, Aloha Pacific’s scholarship program assists members who are enrolled in full-time undergraduate, graduate, or technical programs. Scholarships are based on financial need, academic achievement, community service and/or extracurricular activities. 

To qualify for the Masami Oishi Memorial Scholarship program, applicants must: 

• Be an Aloha Pacific Federal Credit Union primary member in good standing
• Be enrolled in an accredited college, university, or technical school
• Attend on a full-time basis in the 2023-2024 school year

The application also requires a resume, letter of intent, and the student’s most recent official school transcript.

Completed applications and supporting materials must be received at a branch or postmarked by May 26. Scholarship recipients will be notified in the summer.

Aloha Pacific Federal Credit Union’s scholarship program was started in 1987 and has awarded $500,000 to deserving Hawaii students. It was renamed in memory of Masami “Masa” Oishi, who joined the credit union in 1965 as its first manager and retired as president and CEO in 1992. 

For more information on the Masami Oishi Memorial Scholarship program and how to apply, visit www.alohapacific.com.