As part of its 13th annual scholarship program, the $783 million Point Breeze Credit Union in Hunt Valley, Md., awards $22,500 in scholarships to 15 local high school students. The students, each of whom received a scholarship totaling $1,500, competed for the scholarship by submitting an application in which they explained their involvement in high school activities and the community, a letter of acceptance from the college or trade school of their choice, a personal reference and an academic reference. In addition, students had to submit two essays, one in which they described their goals and how their plan of study would help them to achieve those goals, and a second in which they discussed what they expected their priority expenses to be during school, how they will budget for them and what additional expenses they will budget for after college.