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Scholarship opportunities for our members! 

Do you or someone you know need money for college? 

Our Scholarship Program is awarding a total of $3,000 in scholarships! Let us help you achieve your dreams! If you’re not yet a member, now’s a good time to join.  

Complete Digital Application  Print Application

Deadline: August 25, 2021

Prizes: 

(3) Three winners= $1,000 each

Instructions

  1. REQUIRED: Fully complete the application. 
  2. REQUIRED: Attach an essay OR send a video (see Essay or Video)
  3. REQUIRED: Attach enrollment verification supportive documents with application or email/mail to provided address. (See Scholarship Application Summary)

Essay or Video

All applications must include a typed essay OR a video entry. You must answer the three (3) required questions, and for the third question, you can choose one from the three options. If you feel more comfortable speaking Ukrainian, you may speak Ukrainian in the video only. We can't wait to see what you come up with! Get Creative :)

  1. Required: Do you keep track of your spending? How? If you don’t, why?
  2. Required: How can the credit union better engage with a younger demographic? What can we do differently to add more value? (Think of yourself, what would you like to see more of)
  3. Required: (Please choose one of the three options)
  • Option 1: Were you financially impacted during the pandemic? If so, what are some lessons that you learned from the pandemic? Anything that you'll be doing differently?
  • Option 2: Is there a financial tool that you love? For instance, does your current bank/credit union offer a tool that you like to use? 
  • Option 3: What would help YOU learn more about banking? (For example: Free educational seminars, more blogs, tips on our credit union page,etc) 
 

TO QUALIFY:

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Applicant must be a member of Ukrainian Selfreliance Michigan Federal Credit Union.

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Applicant must have his or her own Checking Account (newly-opened or existing). 

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Applicant must be attending a Michigan college or university for the fall semester of 2021 (6 credits minimum).

 

All levels accepted: Undergraduate, Graduate, Professional and Master's.

Applicant must show proof of enrollment by sending either an unofficial transcript, schedule of enrolled classes or payment summary for the 2021 fall semester. Outside of MI colleges/universities allowed if student is taking online classes.

essay guidelines for scholarship usmfcu     video guidelines for scholarship usmfcu

 

Scholarship Application Summary

Please be sure to fully complete the application and upload any required additional information. Any attachments that are not uploaded into the application, you can email or mail to the provided addresses below. Any applications that are not fully completed or do not include the required attachments by the deadline will be ineligible.

Applicant must show proof of enrollment by providing an unofficial transcript, schedule of enrolled classes or payment summary for the 2021 fall semester. 

Send or upload completed materials no later than August 25, 2021.

Email to: ogoysan@usmfcu.org (preferred)
Or mail to: Ukrainian Selfreliance MI FCU Attn: Scholarships, 26791 Ryan Rd, Warren, MI 48091. 

 

Read "5 Financial Tips for College Students"       Apply for a Student Loan

 

Frequently Asked Questions (FAQ)

I applied last year, but didn't win the scholarship, can I apply again?

Yes, last year's applicants, excluding the winners, may apply again this year.

 

Do I need to be a full-time student in order to be eligible for the scholarship? 

No, part-time students are also eligible for the scholarship. You must be taking at least 6 credit hours to be eligible. We understand that everyone's situation is different and not everyone is able to enroll into school full-time. 

 

I am not able to enroll for my fall semester classes yet to provide proof of enrollment, what can I do?

We understand that every school has specific times when students can register for classes. That is why the deadline is on August 25, 2021. You can still complete your application, send in your essay or video, and send your unofficial transcript or supporting documents to show that you are planning to attend the college or university for the fall semester. You can then send the list of enrolled classes by August 20, 2021. If you are having trouble obtaining this information, please reach out to Olga, our marketing specialist at ogoysan@usmfcu.org. 

 

I am currently away at school, and am not able to come into the credit union to open an account or open a checking account. What can I do? 

Contact our member services representative, Uliana at (586) 756 - 3300 ext. 237 to discuss online account opening options.

 

Regulations

USMFCU employees, Board of Directors, Supervisory Committee and their families are NOT eligible for this scholarship. Applicant must meet membership eligibility requirements. Applicant must live in Michigan and be enrolled/attending a Michigan college or university for the fall semester of 2021. Outside of MI colleges/universities allowed if student is taking online classes. If the number of eligible applicants is insufficient, the credit union reserves the right to not offer all of the awards.

Prize Disclaimer: Total of 3 students can win the prizes, winners will be personally contacted and announced on this page and on social media platforms. Winners will be asked to submit a photo for use on our website and/or social media outlets. Scholarship awards will be deposited directly to the recipient’s credit union account. The award is to provide financial assistance to the recipient in their pursuit of an undergraduate or graduate degree. The award money shall be used for the student’s tuition, fees, books, or other school fees. Recipients are responsible for taxes, if any, that may be assessed against their scholarship award. We recommend consulting your tax advisor or visiting the IRS website at irs.gov for more information. For tax purposes, we recommend to save your receipts for books, fees, or supplies for which the scholarship funds are used.

2020 Scholarship Winners

Scholarship winners 2020

 

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