Magnifi Financial is proud to recognize the recipients of its 2025 Scholarship Program. This year, we awarded $20,000 in scholarships to 20 deserving members, each receiving $1,000 to support their higher education during the 2025–2026 academic year.
This annual initiative reflects our ongoing commitment to supporting members of all ages in their educational pursuits. Over the past 25 years, Financial has awarded more than $316,500 in scholarships, reinforcing our dedication to uplifting our community and empowering future leaders.
Recipients were selected based on their thoughtful and original responses to the essay prompt:
"How do you see technology shaping the future of financial services? What innovations or changes could make banking easier and more impactful for individuals and communities?"
All submissions were reviewed and evaluated by a panel of judges from Kaleidoscope, a trusted third-party organization specializing in scholarship administration.
Meet our 2025 Scholarship Recipients:
The following members have been selected to receive the $1,000 scholarship:
Matthew Adamek, St. John’s University
Megan Blonigen, Harvard College
Cowen Cremers, North Dakota State University
Nathan Dworshak, Minnesota State University Moorhead
Chris Erwin, South College
Hannah Evenson, South Dakota State University
Benjamin Gerads, St. Cloud Technical and Community College
Savannah Grimm, University of Minnesota – Duluth
Shantel Gruber, University of North Dakota
Mikenna Harvala, Bemidji State University
Hunter Heidgerken, North Dakota State University
Madalyn Lee, North Dakota State University
Olivia Lemm, Minnesota State University Moorhead
Molly Meyer, University of Minnesota – Duluth
Gage Mueller, St. John’s University
Alayna Neu, Concordia College Moorhead
Kylie Pauls, Ridgewater College
Skyler Petermeier, St. Cloud Technical and Community College
Emily Reed, University of Minnesota – Crookston
Emma Walter, Ridgewater College
Looking Ahead:
Magnifi Financial is committed to continuing its support for members' educational aspirations. The 2026 Scholarship Program application period will open in December 2025. For more information on eligibility and application procedures, please visit mymagnifi.org/scholarship
About Magnifi Financial:
Magnifi Financial is a not-for-profit credit union serving over 85,000 members across Minnesota, North Dakota, and Wisconsin. With a strong commitment to community involvement, Magnifi Financial offers a range of financial services designed to meet the needs of its diverse membership. Through initiatives like the 3 Essentials program and the Magnifi Financial Foundation, the credit union actively contributes to the well-being and development of the communities it serves.