PenFed Foundation Partners with Purefy to Launch Black Veteran Student Loan Repayment Program
Black veterans in the Washington, D.C. region may be eligible to apply for student loan assistance through financial awards from the PenFed Foundation
News provided by
Share this article
TYSONS, Va., June 4, 2021 /PRNewswire/ -- The
PenFed Foundation, a national 501(c)(3) founded by PenFed Credit Union, today announced the launch of a new Black Veteran Student Loan Repayment Program, with funding provided by
Purefy, a D.C.-based technology platform. PenFed Foundation aims to support Black veterans in the Washington D.C. region with student loan assistance. The PenFed Foundation will award $5,000 to 20 selected applicants by issuing a monthly payment up to $500 until $5,000 has been paid down on their student loan balances.