Limestone FCU Partners with FHLBank Indianapolis to Launch $1,000 Money Masters Scholarship Program, Paired with Financial Literacy, for First-Generation College Freshman Students
Limestone Financial Credit Union (Limestone FCU) is excited to partner with FHLBank Indianapolis to bring their Money Masters Scholarship Program to first-generation college freshman students at Lake Superior State University (LSSU). As a selected participant, Limestone FCU is proud to pair this scholarship opportunity with the credit union’s own financial literacy initiatives to support eligible students on their educational journey at LSSU. Through the program, participants can earn a $1,000 scholarship while building essential money management skills and opening a credit union account.
Through this partnership, students gain more than just a scholarship—they participate in guided financial education, build critical money management skills through the Adulting 101 course, and attend the Career Pathways & Networking Event. This program is designed to support long-term success and introduce future career opportunities. By combining scholarship funding with hands-on learning, the program empowers students to build a strong financial foundation for the future.
“This initiative is all about empowerment. We’re giving students not only the tools to make smart financial decisions but also direct financial support to help them move forward with confidence.”
—Jennifer C. Watson, CEO at Limestone FCU
Program Participation Requirements:
The Money Masters Scholarship Program is open to first-generation college freshman students who are or become members of Limestone Financial Credit Union. Program requirements include:
- Be or become a member of Limestone Financial Credit Union – The Hub @ LSSU, The On-Campus Credit Union.
- Be a first-generation college freshman student.
- Attend Adulting 101 – a 4-part financial literacy series (1 hour each, with multiple class times available to fit the students schedule).
- Attend the Career Pathways & Networking Event.
-Held in October 2025 — exact date to be announced.
- Attend a mandatory 20-minute introduction meeting. Students can choose one of the following sessions:
-August 26, 2025 | 2:00 p.m. or 5:00 p.m.
-August 27, 2025 | 2:00 p.m. or 5:00 p.m.
Scholarship Details
Students who complete the program requirements will receive a $1,000 scholarship, deposited directly into their Limestone FCU account at the end of the semester.
Program Benefits
The Money Masters Scholarship Program is more than just financial aid—it’s a launchpad for a student’s future. By participating, students will:
- Earn a $1,000 scholarship to support their college journey.
- Gain real-life financial skills through the Adulting 101 course.
- Grow their professional network at the Career Pathways & Networking Event.
Through the program, students can use the skills they gain to stand out on future applications with hands-on experience in financial literacy and career development, all while receiving direct financial support.
How to Apply
Interested and eligible students can apply by visiting limestonefcu.com/money-masters-scholarship-program/ and completing the online application. It is recommended that applicants have a copy of their class schedule before beginning the application process.
About the Program
The Money Masters Scholarship Program is an initiative of FHLBank Indianapolis (FHLBI), created to support first-generation college students. Limestone FCU has been selected as a program partner to deliver financial literacy education alongside this scholarship opportunity for students at Lake Superior State University.
For more information or questions about the program, contact Sophie Shepard, Branch Manager and Loan Officer, at sshepard@limestonefcu.com.
¹This program is offered through a partnership with FHLB Indianapolis (FHLBI). Limestone FCU is a selected participant of FHLBI to pair this program with financial literacy efforts to students at Lake Superior State University. To be eligible for the Money Masters Scholarship, students must meet all program requirements, including credit union membership with Limestone Financial Credit Union – The Hub @ LSSU, be a first-generation college freshman student, attendance at all four Adulting 101 financial literacy sessions, participation in the Career Pathways & Networking Event held in October, 2025 (exact date to be announced), and attendance at one mandatory 20-minute introduction meeting in August 2025. Scholarship funds are limited, and program details are subject to change at any time without notice.
