Scholarships for College Students

UFCU Offers $20,000 in College Scholarships Each Year


Since we began in 1956, we've built our credit union around supporting education. We believe that engaged educators and supported students are the bedrock of our community and the key to a brighter future. That's why we provide resources to schools and educators, why we sponsor educational programs, and why we award $20,000 each year to college students. 

Apply now for a UFCU Scholarship


transparent ufcu logo Scholarship Awards

Each semester, we award up to $5,000 to each scholarship recipient.


Each year, University Federal Credit Union awards $20,000 in scholarships to collegiate students. Those funds are awarded to twelve different individuals: two (2) scholarships in the amount of $5,000, and ten (10) scholarships in the amount of $1,000. 

Each regular semester (Fall and Spring), UFCU will award six scholarships to qualified applicants. This means that if you are not selected to receive a scholarship in, for example, Fall Semester, you can apply again for the second round of scholarships that will be awarded the following semester in spring. 

transparent ufcu logo Apply for UFCU College Scholarships

To be a qualified applicant, you only need to be a member of UFCU and an enrolled student at any accredited college or university.


Applicants for UFCU scholarships need only be a member of University Federal Credit Union and an enrolled student at any accredited university or college. If you're not already a member of UFCU, it's fast and easy to join, and membership includes great benefits direct deposit, comprehensive online and mobile services, Visa Rewards Cards, and much more. You can become a member with us here online, call 801-481-8800, or visit us at any UFCU branch

Applicants should submit a short essay about "Making a Difference" in which you show UFCU's scholarships committee how you do or plan to make a difference in your community. Community can include your friends and family, fellow students, or the greater community in which we all live. Essays should be between 500 and 1,000 words. 

UFCU college scholarships will be awarded before the start of each regular semester. If you're selected to receive a scholarship award, we will contact you with further details.

We accept applications for scholarships year-round. If you are not selected as a scholarship recipient for the semester following your application, we encourage you to apply again for the next semester's awards. We support education, and we support you, too. While we will only accept one application per individual each semester, you may apply each semester. 

transparent ufcu logo UFCU Scholarship Application and Award Dates

  Fall Semester  Spring Semester
Application Dates December 1 - June 30 July 1 - November 30
Award Date August 1 January 2 

 

become a member of ufcu  apply for a UFCU college scholarship

 

transparent ufcu logo  You can learn more about University Federal Credit Union and our membership benefits here

Terms of Participation: The purpose of this scholarship is to provide financial assistance to college students whose values and goals reflect the credit union and our outstanding community. In order to qualify for this scholarship, you must be a member of University Federal Credit Union and must be currently enrolled in accredited 2-year or 4-year university or college. Awardees may only receive one scholarship over the course of their collegiate career. Scholarship funds will be deposited into the recipients' accounts to be used as they deem necessary for their schooling needs. Awardees are determined by a committee of University Federal Credit Union employees. Selection is made without regard to applicant's race, color, national origin, religious belief, sex, marital status, age, sexual orientation or disability. Membership requires a $10 minimum deposit which must be maintained in a savings account. All applicable taxes, including any federal, state or local tax liabilities, are the sole responsibility of the winner(s). Applications must be submitted by November 30, 2021. Recipients will be awarded January 3, 2022. University Credit Union may use the name or likeness of scholarship awardees for marketing purposes and/or social media. Federally insured by NCUA.