Foundation Announces 2009

College Scholarship Awards Program

Awards Increased, Video Category Added

Deadline: March 31, 2009

The Credit Union Foundation of MD & DC is pleased to announce its $11,000 College Scholarship Program for 2009. Ten $1,000 scholarships will be awarded to the winning essay-based applicants in May 2009, and a new video-based award category has been added and will earn the selected video producer a $1,000 college scholarship.
This year’s essay topic is:

Credit Union Gen Y
Create a credit union that is strictly run by people under the age of 30, from the Board of Directors to the president to the tellers. In 750 words or less, explain what your credit union looks like, where it’s located, what products and services you focus on, and the unique aspects that make your credit union stand out.

The newly introduced video topic is:
How are credit unions and banks different?

Any member of a Maryland or D.C.-based credit union who currently attends or who has been accepted to attend college may apply.
“We believe that this scholarship program provides a number of benefits to both credit unions and their members,” noted Foundation Chair Lisa Jester. “The awardees receive needed financial assistance to help them meet their educational expenses. The essay and video topics provokes innovative and useful responses that can be used to help credit unions better serve their college-age members while providing a learning experience for the applicant. And credit unions can use the scholarship offering to recruit young member.”
Foundation Executive Director Kyle Swisher adds, “We’ve structured the scholarship program so that individual credit unions, both large and small, can offer the program to their members as if the scholarships are an ‘in-house’ offering from the credit union itself. The Foundation takes care of preparing the applications, putting the program on line, receiving the applications, managing the judging, and of course, funding the $11,000 in awards. We even have lobby posters for credit unions to use and newsletter articles available on our website. And if one of their members is selected as a scholarship winner, it’s the credit union that presents the check to the winner.”

Applications containing rules and details for the College Scholarship Program can be downloaded by clicking on the links below:

Click Here For Essay-

Based Application

Click Here For Video-

Based Application

Credit Union Professionals - Click Here For Sample Newsletter Article

Click Here For Sample Graphic Clip Art

Need A Lobby Poster?  Click Here For Our 2009 Poster!

Foundation Announces 2008 Winners Of

$10,000 College Scholarship Awards Program

The Credit Union Foundation of Maryland and the District of Columbia (CUFMDDC) is pleased to announce the winners of their $10,000 College Essay Scholarship topic for 2008.  The ten $1,000 scholarships will be awarded to the winning applicants in May. 

This year’s essay topic resulted in some creative thinking among the more than 200 entrants:

Imagine yourself twelve years in the future.  It’s the year 2020.  High school graduation seems like a distant memory.  You’re imagining the changes and innovations that have occurred in your life since you walked across that stage and received your diploma twelve years ago. 

You pause for a moment to focus on the changes in financial services since 2008, and in particular, the changes and improvements in services and products provided by your credit union where you’ve been a member for many years. 

Now, in 750 words or less, use your imagination and vision to describe the changes and improvements in credit union services that you foresee will unfold from 2008 to 2020 -

To view the 2008 winning essays, click here