College students receive financial help from Maine CUs
September 27, 2017
Four lucky college students from across Maine received some 'extra' credit just as the new school year was getting started. Recently, Maine's credit unions provided $1,500 in prize money to help the millennials with buying textbooks in its 'Bucks for Books' promotion.
The 'Bucks for Books' contest, coordinated by Young & Free Maine, which is powered by Maine's credit unions, encouraged college students to enter online at youngfreemaine.com. Hundreds of entries were received during the month-long entry period, which concluded in mid-September. "It was nice to see so many college students from colleges, large and small across Maine, take the time to get engaged in this contest. The opportunity to win a share of $1,500 to help defer the cost of textbooks probably helped, too," explained Jake Holmes, Spokester for Maine's credit unions, adding, "Textbooks can represent a significant expense for college students and this was a way to help."
Last week, Holmes randomly selected four winners and awarded a total of $1,500. The top three winners received $500, $300, and $200, respectively, and then an additional $500 winner was selected through an Instagram contest. Holmes said all of the winners were "appreciative of the assistance from Maine's credit unions. They all thought it was pretty cool that credit unions provided help."
For more information and to connect with more millennial financial topics and other discussions, visit youngfreemaine.com.