Please read the entire rules and regulations, click "I read and accept the requirements of these rules," and then click "continue" at
the bottom of the page to complete the online application.
Veridian Credit Union is offering a scholarship encouraging education on the
credit union movement. With this scholarship, Veridian hopes to help prepare students for future
challenges, both inside and outside the credit union movement.
There are two different scholarship programs:
- A scholarship for high school students planning to enter college (high school scholarship)
- A scholarship for non-traditional-aged and continuing education students (non-traditional)
The 2008 high school scholarship will award a total of $3,500, with $1,500 going for first place,
$1,000 for second place, and $500 for third place. The non-traditional scholarship will
award one $500 scholarship.
Eligibility
- The high school scholarship is open to any high school student classified as either
a junior or senior, with a projected graduation date of 2008 or 2009 and planning to attend
an accredited undergraduate or vocational program. The non-traditional scholarship is open
to any person who is entering or attending an accredited undergraduate, graduate, or
vocational program.
- Entrants must have an account established in their own name and be a member in good
standing at Veridian Credit Union.
- Veridian staff and Directors and their immediate relatives are not eligible.
Entry Requirements
Please read carefully. All entries are reviewed prior to judging, and those that do not adhere
to the rules are not judged.
Essay:
- Entrants will be required to write an essay of approximately 500 words on the following
topic:
If you were to plan a financial seminar for your peers, specifically what would your
agenda topics include and why do you feel them worthwhile subject matter?
- The essay must be typed or computer printed, double-spaced on white 8 ½ x 11-inch paper.
The essay must be the original work of the entrant. **If applying online, the essay and resume
must be submitted as a Microsoft® Word document.**
- Please submit five copies of your essay if not applying online. For confidentiality in
judging, please do not put any identification (name, address, phone, signature, etc) on your
essay.
- Submission of essay identical to that submitted for the Iowa Credit Union League's Family
Involvement Board scholarship is permitted.
Resume:
- Entrants are also required to submit a business-style resume, typewritten or computer
printed on 8 ½ x 11-inch white paper. The resume should not exceed two pages in length, and at
a minimum should contain the following information:
- Entrant's full name
- Address
- Phone number
- Educational information
- High school subjects emphasized
- Grade point average from the most recent two semesters or last three quarters
- ACT/SAT scores, if available
- Honors and awards
- Extracurricular activities (school and/or community activities)
- Work experience
- Future educational plans
- Non-traditional entrants also should submit any past college education, major or degree,
and overall grade point average
- Please submit five copies each of your resume if you are not applying online. On four of the five
copies of your resume, please omit your name, address, and phone number.
Entry Form:
- Entrants must complete and sign an official entry form. If applying online, type your name
and date after reading the agreement.
Judging
- Judging will be conducted by a panel of judges selected from Veridian's Board of Directors
and staff.
- Each judge will award a maximum of 60 points to the essay and a maximum of 40 points to
the resume. Judges will base their scores for the essay on originality, clarity, meaningful
content, an accurate presentation of facts, spelling, neatness, and grammar/punctuation. The
resume will be judged on presentation, school and/or community involvement, and potential of the student to be successful in college.
Entries will also be judged on adherence to contest rules.
- All entries must be received by February 8, 2008. Enter online at www.veridiancu.org or send
entries to:
Veridian Credit Union, Attn: Julie VanDaele,
P.O. Box 6000, Waterloo, IA 50704-6000
- Results will be tabulated by the Internal Auditor of Veridian Credit Union
and will declare the winners. All decisions of the credit union are final. Winners will be
announced in April 2007.
- All scholarship entries become the exclusive property of Veridian Credit Union
and will not be returned.
Administrative/Award Procedures
- High school winners must begin studies within one year of graduation or may be required to
forfeit the award in the absence of extenuating circumstances. The winner of the non-traditional
scholarship must begin studies within one year after the award of the scholarship.
- High school winners must be enrolled as a full-time student at any vocational, trade,
2-year or 4-year college approved for the guaranteed student loan program. Non-traditional
winners must be enrolled at an approved college, but are not required to be full-time.
- Scholarship funds will be forwarded when written verification is received from the college
registrar that the student is enrolled. At that time, the winner's check will be made payable
to both the winner and the college and mailed to the winner.
- Funds are to be used only for tuition, room and board, and book and educational supply
expenses.
Authority of Veridian Credit Union
Veridian Credit Union has the ultimate authority to amend any of the above rules
to ensure fairness in the award of the scholarships. Any questions regarding the scholarship
should be addressed in writing to the address mentioned above.