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Student Scholarships at Credit Unions

Loans, Student Loans

College is an important event in a young adult’s life, but it can put a severe strain on both the student and their parent’s budget. If you are worried about finding the money to pay for college, a scholarship can help ease the burden. Credit unions all over the country provide scholarships for both high school students planning on attending college and college students working toward their first degree. Credit unions often look for ways to reward their members and support education in their communities. These scholarships are presented to students who are members of the credit union, and have shown a commitment to academic excellence and community service.

Prepare For Next Year

Many of these deadlines are approaching fast. Prospective applicants should look at the applications and eligibility requirements in order to prepare for next year. Be sure to visit the nearest credit union branch for more information about these scholarships.

Maine State Credit Union – Augusta, ME

Maine State Credit Union offers twenty $1,000 scholarships for high school students planning on pursuing a post-secondary degree. Students must be primary members of the credit union in order to apply. Maine State Credit Union has branches in Augusta and Waterville, Maine. Membership eligibility information can be found here.

Foothill Credit Union – Arcadia, CA

Foothill Credit Union offers the College Bound Scholarship, which provides $2,000 awards to Money Bound or MoneySmart account holders going into their first or second year of college. Students must have a minimum GPA of 3.25 and a credit union account in their own name. Foothill Credit Union has branches in Arcadia, Covina and Glendora, California. Membership eligibility information can be found here.

Arizona Federal Credit Union – Phoenix, AZ

Arizona Federal Credit Union offers the Bob Bresnahan Memorial Scholarship, which awards at least three $1,000 scholarships to graduating high school seniors. Students must be members in good standing during the entire application process, including the distribution of funds. They also must be accepted at an Arizona college, university or community college. Arizona Federal Credit Union has 15 offices in the Metro Phoenix Area, Arizona. Membership is open to anyone who lives, works, worships or attends school in Maricopa or Pinal County, Arizona.

IH Mississippi Valley Credit Union – Moline, IL

IH Mississippi Valley Credit Union offers the IMHVCU Scholarship, which awards twenty-four $1,000 scholarships to graduating high school and current college students who demonstrate academic excellence, good character, and community and school involvement. IH Mississippi Valley Credit Union has 16 branches in Iowa and Illinois. Membership eligibility information can be found here.

Chesterfield Federal Credit Union – Chesterfield, VA

Chesterfield Federal Credit Union offers scholarships for both college and high school students. The Charles R. Quaiff Sr. Memorial Youth Scholarship offers three $1,000 scholarships to high school students planning on attending a college or university. The Richmond Chapter of Credit Unions Scholarship offers two $1,500 scholarships to graduating high school students who will be attending a college or university, and are also members of a Richmond Chapter Credit Union (Chesterfield Federal Credit Union is a member of the Richmond Chapter of Credit Unions). Finally, the Charles R. Quaiff Sr. Memorial Continuing Education Scholarship offers two $500 scholarships to students currently pursuing a degree. Chesterfield Federal Credit Union has branches in Chesterfield and Midlothian, Virginia. Membership eligibility information can be found here.

Los Angeles Federal Credit Union – Glendale, CA

Los Angeles Federal Credit Union offers their members the Jack C. Matthews Scholarship Fund to help pay for college. The scholarship is available to graduating high school students and college students who have a GPA of 2.5 or higher. Los Angeles Federal Credit Union has branches in Culver City, El Monte, Gardena, Glendale, Los Angeles and Van Nuys, California. Membership eligibility information can be found here.

ServU Credit Union – Painted Post, NY

ServU Credit Union serves their student members with two scholarships for graduating high school students. The ServU Smart Savers Award offers $500 scholarships to graduating seniors. The New York State Credit Union League Scholarship offers awards to high school seniors in good standing at the credit union who plan on attending a college or university. ServU Credit Union has branches in Alfred, Bath, Corning, Dundee, Hornell and Painted Post, New York. Membership eligibility information can be found here.

SF Police Credit Union – San Francisco, CA

SF Police Credit Union offers four $1,000 scholarships to students who plan on or are already attending an undergraduate program. Awards are given to students who have a passion for learning, and who have demonstrated community service. San Francisco Police Credit Union has branches in Castro Valley, Pleasanton, San Francisco and San Mateo, California. Membership eligibility information can be found here.

Whatcom Educational Credit Union – Bellingham, WA

Whatcom Educational Credit Union offers several scholarship opportunities for students. Awards from $1,000 to $1,500 are given to students at Western Washington University, Whatcom Community College, Bellingham Technical College and Northwest Indian College. Students must be members in good standing to apply. Whatcom Educational Credit Union has branches in Bellingham, Blaine, Everson, Ferndale and Lynden, Washington. Membership is open to anyone who lives, works, worships or attends school in Washington State.

Velocity Credit Union – Austin, TX

Velocity Credit Union offers three $2,000 scholarships to graduating high school students who have accounts in good standing. The awards go to students who show academic excellence and contributions to their community. Velocity Credit Union has branches in Austin and Round Rock, Texas. Membership eligibility information can be found here.