Bluefield University in the News

CREDIT BUREAU FOUNDATION GIVES SCHOLARSHIPS (2011)

by | Aug 12, 2011

Students at Bluefield College are continuing to get vital financial aid, thanks to the longstanding generosity of the Credit Bureau of the Virginias Foundation.

For the ninth year in a row, the Foundation donated scholarship money to Bluefield College students, this time an $8,000 check for 2011-2012 financial aid.

“We are so appreciative of the continual support we receive from the Credit Bureau of the Virginias Foundation,” said BC’s Ruth Blankenship, vice president for advancement. “They are a faithful supporter of the mission of Bluefield College and the students we serve. Without their support, who knows how many students might not have had the opportunity to receive higher education.”

The Credit Bureau of the Virginias Foundation established its scholarship fund at Bluefield College in 2003. Since then, the organization has contributed more than $70,000 to the trust.

“Our primary goal is to help the so-called average student, the student who may not get access to a lot of academic scholarships,” said Jimmy Welch, executive director of the Foundation, who presented the $8,000 check to BC fundraisers. “Our scholarships are designed to serve post-high school, educational endeavors of the average student from the former trade areas of the Credit Bureau of the Virginias.”

The Credit Bureau of the Virginias Foundation was established through the sell of the Credit Bureau of the Virginias, formerly known as the Bluefield Credit Bureau. It was created, according to Welch, to “promote the quality of life within the former trade area of the Credit Bureau of the Virginias by supporting local charitable, scientific and educational needs.”

“How appropriate,” Blankenship said, “that an organization that built its business from the people and merchants from the Bluefield area should now turn around and give back to those very people. The Credit Bureau grew from its business with the people of this area, and now it will return the benefit through investments in higher education.”

The $8,000 gift in August will be used to provide eight $1,000 scholarships to Bluefield College students during the 2010-2011 academic year. The main scholarship criteria will be to assist average students who demonstrate need in obtaining a degree. The awards will be available to the recipients through graduation, provided they continue to meet scholarship and need criteria.

Recipients of the award, Welch said, must be residents of the former trade area of the Credit Bureau of the Virginias, including nine counties in southwestern Virginia and southern West Virginia.

“Education is the primary answer to survival today,” said Welch, a former executive vice president for the Credit Bureau of the Virginias. “Through education, life is easier, and the Foundation is happy to be a part of the educational investments in this area.”

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