Apply For The MVFCU Scholarship
Scholarship Applications for the 2020-2021 school year are available!.
Click Here to apply for the MVFCU Student Scholarship.
Scholarship Submission Deadline
All scholarship submissions are due no later than March 15th, 2020. Good luck on your scholarship entry and in achieving your goals in the future.
MnFIC Scholarship Opportunities
The MNFIC will award scholarships to credit union members throughout Minnesota. Anyone who is a member at an affiliated credit union pursuing post-secondary education in the fall 2020/spring 2021 is eligible to apply. CLICK HERE
The Minnesota Valley Federal Credit Union Scholarship Program was created to recognize and assist members of our credit union. We are pleased to be able to help students in this way. This year we are offering three $1,000 and four $500 scholarships. We will notify the scholarship recipient and invite him/her and his/her family to receive the award at the 2020 Minnesota Valley Federal Credit Union Annual Meeting in April.
To be eligible you must be a student pursuing post-high school education in the fall of 2020, and be a member of Minnesota Valley Federal Credit Union or the child, grandchild or dependent of a Minnesota Valley Federal Credit Union member. The school you are planning to attend can be public or private. Scholarship recipients who do not return to school for the 2021 spring semester will not be eligible for the scholarship money. Financial need is not considered in the selection of the scholarship money. Scholarship submissions are due March 15th, 2020.
Applicants will complete a 500-word essay on the topic:
“What is your plan to afford the costs of higher education based on your anticipated degree and future career income?”
(Essay tips: Please share your personal story; use the specifics you identified in the preliminary questions to write your essay).
The 500-word length is a guideline, not an exact count. You may also apply for the MVFCU scholarship by filling out the application form and submitting a 2-4 minute video answering the same essay question. Essays will count for 75% of the evaluation. You are encouraged to interview staff members and volunteers at Minnesota Valley Federal Credit Union to gather whatever information you feel is necessary to write your essay. Essays considerably longer than 500 words will not be considered. Please note we do not want long essays but a concise essay summing up your interpretation of the topic.
* You may turn in the same essay to the Minnesota Family Involvement Council’s Scholarship Program, however the video essays cannot be used for this scholarship.
The application form will count for 25% of the evaluation. The student application form requests information about you--the applicant.
A Selection Committee made up of staff members and volunteers from the Credit Union will select the scholarship recipients. The decision of the Selection Committee is final and not subject to review. The recipient will receive the scholarship after he/she has completed the first semester of the 2020/2021 school year. Scholarship money will be provided directly to the recipient in the form of a check made out to both him/her and the school. The Selection Committee will have many applications to review, applications not following the guidelines will not be considered.
Scholarship Recipient Agreement
If selected, permission is granted for recipient’s name and words to be used in various publications. Other applicants not selected may be contacted in the future for legal permission to use quotes from their essays in various publications.
Questions Contact your Credit Union with questions at (507) 387-3055.