Special Rates Scholarships

The National Treasury Employees Union is putting some of the money gained from its settlement of a decades-old lawsuit involving special pay rates for certain federal employees to good use. The union announced Wednesday that it would take more than $700,000 in administrative funds left over after payouts to recipients resulting from the settlement of the class-action suit and use it to endow a series of scholarships for family members of federal employees. The merit-based scholarships, worth $5,000 each, will be awarded by the Federal Employee Education and Assistance Fund, which has been distributing similar scholarship funds for 20 years.