Routing Number | 255077370

Financial Wellness

TowerCares Foundation Awards $150K in College Scholarships

The TowerCares Foundation expanded its College Scholarship Program again this year and awarded 30 $5,000 scholarships! Since 2018, TowerCares has awarded $360,000 in scholarships to college students pursuing Science, Technology, Engineering, and Mathematics (STEM) fields or Foreign Language Linguistics majors.

The winners were selected from an impressive pool of applicants by an independent judging organization based on academics, demonstrated leadership and participation in school and community activities, work experience and career and educational goals and objectives. 

Additional consideration was given to children/dependents of active duty military and Veterans from all branches of the Armed Forces, including Reserve and Guard units. More than half of this year's winners have one or both parents who are affiliated with the Department of Defense, are Veterans, or are currently serving in the U.S. Military. 

Scholarship winner Daniel Horvath says: "[Through] my mechanical engineering studies at George Mason University, I hope to bring the skills and experiences I gain to a future career in the military and later as a high school teacher. My parents are both U.S. Army Veterans, and many of my best teachers were Veterans too. Veterans have been some of the most inspiring and encouraging people in my life, so I greatly appreciate the Foundation's commitment to those who have served our nation." 

The annual scholarship program runs April through mid-May and is open to all current high school seniors and college freshmen, sophomores and juniors who are studying STEM or Foreign Language Linguistics majors. 

Says scholarship winner Arisa Chue, who is studying Computer Science & Programming at Stanford University: "This scholarship holds immense significance in my life….Your belief in my potential has ignited a renewed determination within me. I am committed to excelling in my studies and using this opportunity to create a positive impact for young girls who are interested in STEM education and careers." 

Congratulations to all of our scholarship winners and we wish you continued success in all of your future endeavors!

Click here for more details about the program and to view the list of this year's winners.

Partner with us

TowerCares is making a real difference in our community. To date, we have provided over $2.2 million in charitable grants, donations and scholarships! 

The work we do would not be possible without the continued support and generosity of our donors. TowerCares Foundation is a 501(c)(3) charitable organization and donations are tax-deductible. We are a gold-level GuideStar participant, demonstrating our commitment to transparency.

Click here to learn more about the TowerCares Foundation and the charities we support.

There are four easy and convenient ways to support the TowerCares Foundation:

  1. Donate online or in a branch – You can make a donation online at our secure payment site or in person at a Tower branch.
  2. Combined Federal Campaign – TowerCares is a participating charity in the Combined Federal Campaign (CFC), which kicks off annually every September and ends in mid- January. Our CFC number is 23594. Through the CFC, federal employees, contractors, and retirees can support their favorite charities through automatic payroll deductions. For information, speak to your CFC representative. 
  3. Maryland Charity Campaign – TowerCares is also a participating charity in the Maryland Charity Campaign (MCC). TowerCares' MCC number is 47-4164006. Similar to the CFC, state of Maryland employees can set up automatic payroll deductions through the MCC to support the charity of their choice. For details, visit
  4. Pennies for Change – Every time you swipe your Tower debit or credit card, Tower donates one cent to the TowerCares Foundation. All those pennies add up, and to date Tower has donated over $662,000 to TowerCares through Pennies for Change.
Resources: TowerCares Foundation, Combined Federal Campaign, Maryland Charity Campaign