Scholarship Guidelines

Please read the entire rules and regulations and then click "Continue" at the bottom of the page to complete the online application.

2020 Credit Union Scholarship

Veridian Credit Union is offering scholarships to encourage students to increase their financial education. College students can earn a scholarship by showing how they are financially responsible.

There are three different scholarship programs:

1. The Incoming Freshman Scholarship is open to any student classified as an incoming freshman enrolled in an accredited undergraduate or vocational program in the 2020-2021 academic year.
   One $2,000 scholarship will be awarded.
2. The Undergraduate Scholarship is open to any non-freshman student enrolled in an accredited undergraduate or vocational program in the 2020-2021 academic year.
   One $2,000 scholarship will be awarded.
3. The Graduate Scholarship will award one scholarship to a student enrolled in an accredited graduate program in the 2020-2021 academic year.
   One $2,000 scholarship will be awarded.

Eligibility

1. Entrants must have a Veridian Credit Union account established in their own name and be a member in good standing at Veridian.
2. Veridian staff, directors and their immediate relatives are not eligible.

Application Process

1. Complete the official entry form.
2. Upload your resume as a PDF or Word Document.
3. Upload your essay as a PDF or Word Document.
4. Type your name and date after reading the agreement.
5. All entries must be received by 11:59 p.m. Feb. 16, 2020.

Entry Requirements

All entries must adhere to the rules and requirements denoted in this scholarship application for consideration by judges.

A. Essay

1. Entrants are required to write an essay of approximately 500 words on the following topic:
   What does financial literacy mean to you? What are your plans for a successful financial future?
2. The essay must be the original work of the entrant. No plagiarizing is allowed.
3. The essay must be typed, font size 12, and double-spaced.

B. Resume

Entrants are required to submit a typed, business-style resume. 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
• Cumulative grade point average (GPA)
• ACT/SAT scores, if available
• Honors and awards
• Extracurricular activities (school and/or community activities)
• Work experience
• An objective regarding educational or career goals for the future
• Entrants also should submit any past college education, major or degree, and overall grade point average

Judging

1. Judging will be conducted by a panel of judges selected from Veridian employees.
2. Each judge will award a maximum of 60 points to the essay and a maximum of 40 points to the resume. Essay scores will be based on originality, clarity, meaningful content, accurate presentation of facts, spelling, neatness and grammar/punctuation. The resume will be scored on presentation, school and community involvement and potential of the student to be successful in secondary education. Entries will also be scored on adherence to contest rules.
3. Results will be reviewed by Veridian’s Internal Auditor to declare the winners. All decisions of the credit union are final. Winners will be announced in May 2020.
4. All scholarship entries become the exclusive property of Veridian and will not be returned to the applicant.

Administrative/Award Procedures

1. Recipients must begin studies during the 2020-2021 academic year.
2. Incoming Freshman recipients 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. Undergraduate and Graduate recipients must be enrolled at an approved college, but are not required to be full-time.
3. Scholarship recipients will receive funding after written verification is received from the college registrar where the student is enrolled. The check will be mailed to the student and made payable to both the student and the college.  
4. Funds can be used 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 and application process can be submitted to events@veridiancu.org.

All entries must be received by 11:59 p.m. Feb. 16, 2020.

By clicking "Continue" below, I agree that I have read and accept the requirements of these rules.

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