Scholarships

Consumers Credit Union Scholarship Guidelines

• Applicants must be a full-time high school senior with a GPA of 2.5 or higher.
• Applications are evaluated on academic achievement, community service and essay content.
• The applicant must be an active member of Consumers Credit Union with his/her own account.
• The $1,000 scholarships will be directly deposited into the student’s account upon proof of membership and proof of course enrollment at their college, university or trade program.
• The $20,000 grand prize will be deposited into the winner’s account with their college or university or trade program. The award amount will be split into four payments of $5,000, deposited twice a year for two years after receiving proof of course enrollment at their college, university or trade program.
• Eleven essays will be selected as finalists with a chance to win the grand prize. Those students will be eligible to submit a video of why they deserve to win the $20,000 scholarship. The 10 remaining finalists will receive $1,000 each.

Application Materials

• Completed Scholarship Application
• High school transcript
• Letter of acceptance from an accredited college, university or trade school
• Letter of recommendation
• Documentation to demonstrate participation in school activities, community service and/or volunteer work for the benefit of others
• Documentation of other awarded scholarships
• 300 word (minimum) essay on the assigned topic: If you were to develop a Mt. Rushmore representing the 21st century, whose faces would you select and why?
• Essays must be submitted in Microsoft Word

*Disclaimer: Consumers Credit Union does not discriminate against any person on the basis of race, religion, color, gender, age, national origin, disability or any other status or condition protected by law. Employees, Board Members and immediate family members are not eligible for the Student Scholarships. Winners must submit proof of enrollment before funds will be distributed. Grand Prize winner must submit proof of enrollment for each of the four $5,000 payments will be released to their college, university or trade program. Funds forfeited if not used within 5 years. Federally insured by NCUA