Foundation Scholarship Application
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The FSC is offering 2 $3,000, 2 $2,000, and 10 $1,000 scholarships to credit union members throughout Minnesota. Applications being accepted through February 1, 2018.

10/1/2017 to 2/1/2018
When: Open Through Feb. 1
12:01 AM
Where: United States
Contact: Minnesota Credit Union Foundation Scholarship Council

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Thank you for your interest in the Minnesota Credit Union Foundation Scholarship Council scholarship. Credit unions are not-for-profit financial cooperatives. Unlike most other financial institutions, credit unions do not issue stock or pay dividends to outside stockholders. Instead, earnings are returned to members like you in the form of lower loan rates, higher interest on deposits, and lower fees.

The FSC is offering 2 $3,000, 2 $2,000, and 10 $1,000 scholarships to credit union members throughout Minnesota.

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Scholarship applicants must be one of the following type of students:
  • traditional: current high school student graduating in 2018
  • traditional: PSEO (high school students utilizing post-secondary education option but not graduation in 2018)
  • non-traditional: post high school student or those returning to post-secondary after some time off
In addition, scholarship applicants must meet the following eligibility criteria:
  • enrolled or plan to attend an accredited, non-profit educational institution in an undergraduate or graduate program (both master and doctorate). Awards will not be disbursed until the student is accepted and enrolled in an accredited institution.
  • enrolled in at least one course at the accredited school during the scholarship application time frame.
  • must be a credit union member in good standing (as determined by your credit union) affiliated with the Minnesota Credit Union Network
  • information provided on the application must be accurate and solely the authentic work of the applicant.
Additional notes:
  • financial need is not considered in the selection of the scholarship recipients.
  • immediate family and household members of the Minnesota Foundation Scholarship Council are not eligible to enter.
  • applicants will be asked to approve that their names, words and/or photos can be used in various media to promote the credit union scholarship program

Applications must be submitted electronically by 11:59 p.m. Central Standard Time February 1, 2018. Applications submitted after the deadline will not be considered.

Submit a 500-word essay answering the essay question for this scholarship period. The essay should not exceed 500 words. Transcripts and letters of recommendation will not be considered. Do not use your name or the name of your credit union in your essay or on the essay page. Essays that include your name or the name of your credit union will be automatically disqualified. Spelling, grammar and creativity will be considered.

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Minnesota Credit Union Network
555 Wabasha Street N, Suite 200
St. Paul, MN 55102

(651) 288-5170
(800) 477-1034