Alan Gallagher Awards launched by ESB Credit Union

St. Patrick's credit Union has recently launched an educational support package for members. These educational awards also commemorate Alan Gallagher, son of Brendan and Joan Gallagher, who between them have given a lifetime of service to St. Patrick's Credit Union. Tragically, Alan died trying to rescue a friend. At the time he was pursuing third level education and your credit union has introduced these awards in Alan's honour. Details of the scheme are as follows:

St. Patrick's Credit Union - Alan Gallagher Third Level Educational Awards

• One Education Award per annum to a maximum of four will be offered to students commencing their third level studies in the next academic year. Selection will be on the basis of an open draw.



• The value of each Education Award is €3,000 per annum for a maximum period of four years. This is subject to satisfactory performance including passing the prescribed exams.

• This award is available for the dependent children of St Patrick's Credit Union (ESB Staff ) Ltd members.



• The scheme is for students commencing their full-time, third-level education (to degree or diploma level) at any approved University or third level educational institution within the E.U.



• A family may be in receipt of only one Education Award at any one time.



• An individual student may be entered for the draw on one occasion only.



• Unforeseen circumstances concerning eligibility will be reviewed if they arise during the tenure of an award.



• Under the 1997 Finance Act these awards may be taxable.

• For the purpose of recognition, Degrees & Diplomas should be accredited by a recognised University, The HETAC (formerly NCEA) or equivalent accrediting institution.



• The Education Awards do not apply to post-graduate or part-time studies.

In launching the award, George O'Driscoll, President of St. Patrick's Credit Union was keen to emphasise the role of credit unions in improving the social and economic wellbeing of members and recognising the value of their contribution to the community, in this case ESB. "The awards are not about charity or welfare but they are about enhancing members' lives and providing opportunities," he said.