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 seven $1,000 and six $500 scholarships.

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To be eligible you must be a student pursuing post-high school education in the fall of 2024, 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 2025 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 April 1st, 2024.


Applicants will complete a 500-word essay on the topic:

Who has inspired you for your personal growth, to make a positive difference and why?

(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 completing 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 the information necessary to write your essay. Essays considerably longer than 500 words will not be considered. Please note that we do not want long essays but a concise essay summarizing 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.

Application Form

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 2023/2024 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.


Contact your Credit Union with questions at (507) 387-3055.

Scholarship Submission Deadline

All scholarship submissions are due no later than April 1st, 2024. Good luck on your scholarship entry and in achieving your goals in the future.

FSC Scholarship Opportunities

The Minnesota Credit Union Foundation Scholarship Council 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 2024/spring 2025 is eligible to apply. Click here.

Scholarship Application Form