Routing Number | 255077370

Financial Wellness

  • April 1, 2026

Get Money for College! TowerCares Scholarship Opportunity.

Calling all college (or college-bound) STEM and Foreign Language Linguistics majors! The TowerCares Foundation is proud to announce its ninth annual College Scholarship Program.

We are excited to announce that we will once again award up to (40) $5,000 scholarships! Since the program's inception in 2018, TowerCares has awarded over $700,000 in college scholarships.

Who is eligible to apply?

The TowerCares Foundation Scholarship Program is open to all current high school seniors and college freshmen, sophomores and juniors, who are enrolled or plan to enroll in a STEM (Science, Technology, Engineering, Math) or Foreign Language Linguistics major.*

In addition, applicants must meet the following eligibility requirements:
  • Attend an accredited U.S. two- or four-year college/university full-time for the 2026-27 academic year
  • Have a minimum GPA of 3.0 on a 4.0 scale (or equivalent)
  • Be a U.S. citizen and meet at least one of the following: 
    • Reside in Maryland, the District of Columbia, Pennsylvania, or Virginia
    • Be a Tower Federal Credit Union member or immediate family member of a Tower Federal Credit Union member
  • Attend an institution that charges tuition (tuition-free institutions, including service academies, are not eligible)

How to apply

Scholarship entries for the 2026-27 academic year will be accepted online starting April 1, 2026. Hurry, the deadline to apply is May 15, 2026! Only online applications will be accepted.

Click here to register and apply. Use program key: TowerCares. For scholarship details and application login instructions, please visit Scholarships at towercaresfoundation.org.

The selection process

Scholarship entries will be evaluated by an independent selection committee** and recipients will be selected based on consideration of the following criteria:
  • Academic performance
  • Demonstrated leadership and participation in school and community activities
  • Work experience
  • Statement of career and educational objectives
Additional consideration will be given to children/dependents of active-duty military and Veterans from all branches of the Armed Forces, including Reserve and Guard units. The scholarship must be used for tuition and required academic fees at accredited institutions and will be made payable to the college or university.

About the TowerCares Foundation

The TowerCares Foundation is a 501(c)3 charitable organization created in 2015 by Tower Federal Credit Union to support children in need as well as the brave and heroic individuals and their families who sacrificed while protecting our freedom. TowerCares has provided over $4 million in grants, donations and scholarships to support our military heroes, Veterans, Department of Defense civilian employees, and children in need in our community. To learn more about the TowerCares Foundation and the charities we support, or to make a donation, please visit towercaresfoundation.org.

 
*Past winners of TowerCares scholarship winners are not eligible for additional TowerCares scholarships. TowerCares Foundation and Tower Federal Credit Union employees, board members, committee members, and their immediate family members are also ineligible.

 **Program Administration and Selection Process: To ensure complete impartiality in selection of recipients and to maintain a high level of professionalism, the program is administered by International Scholarship and Tuition Services, Inc. (ISTS), a firm that specializes in managing sponsored scholarship programs. TowerCares Foundation has contracted with ISTS to assess all applications in accordance with TowerCares' selection criteria and recommend the recipients to TowerCares for final approval.