Consumers Credit Union Student Scholarship

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Scholarship Sponsored by Consumers Credit Union

Value: $10,000.00

Awards Available: 11

Guidelines for the Consumers Credit Union Scholarship

Eligible applicants are those who are in their final year of high school in Michigan and have maintained a minimum GPA of 2.5.
The evaluation of applications will be based on academic performance, involvement in community service, and the quality of the essay submitted.
Successful applicants must either already have an active checking account with Consumers Credit Union or open one by March 25, 2024, if they are selected as finalists. This requirement applies to non-members as well.
The scholarship amount of $1,000 will be directly transferred into the student's account upon verification of membership and proof of enrollment in a college, university, or trade program.
The grand prize of $10,000 will be deposited into the winner's account with their educational institution. This amount will be divided into four installments of $2,500, which will be deposited biannually over a period of two years. The payments will be made irrespective of the tuition fees for each semester unless a different arrangement is agreed upon in writing. The winner must provide proof of enrollment before each installment is released.
Eleven finalists will be chosen and notified by March 25. These students will have the opportunity to submit a video by April 8 explaining why they should be awarded the $10,000 scholarship. The grand prize winner will be announced around April 24, while the remaining 10 finalists will each receive a scholarship of $1,000.

Required Application Documents

Fully filled out Scholarship Application
High school academic transcript
Official acceptance letter from a recognized college, university, or trade school
Letter of recommendation
Evidence of community involvement through volunteer work, participation in extracurricular activities, or after-school employment
Proof of other scholarships awarded
An essay of at least 300 words on the following topic: If you could purchase a one-way ticket to any destination in the world, where would you go and why? The essay should be submitted as a Word document.

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