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Marine Credit Union Member Scholarship 2025

Description

Marine Credit Union believes in and supports higher education by offering nine - $1000 scholarships to our members and/or their children. These scholarships are intended to be representative of our membership and our Credit Union philosophy: “Not for Profit, Not for Charity, But for Service.”

 

The scholarship award will be paid directly to each recipient’s college or university for tuition, fees, and other educational expenses.

 

Scholarship applications will be reviewed on each of the eligibility and selection criteria listed below.


An applicant may apply whether selected to receive this scholarship in a previous year or not.



ELIGIBILTY                                                                     

  • Recipient or the parents/guardians must be members in good standing of Marine Credit Union.

  • Recipient must be enrolled as a full-time collegiate student during the next academic year.

  • Applicants cannot also apply for for the MCU Employee Scholarship.

  • Grade Level: H.S. Graduating Senior, Undergraduate, Graduate

Selection Process

SELECTION

An independent committee will select recipients based on the following criteria: the applicant’s academic history, transcripts, goals, responses to the short-answer prompts, letter of recommendation, circumstances, and extra-curricular activities. The decision of the independent committee is final and not subject to review.

 

Recipients will be announced by June 1, 2025.

 

PAYMENTS

Scholarships will be awarded for the following academic year unless otherwise stated. Payments will be sent to the colleges/universities and disbursed by them in equal installments based on their school terms (e.g., two installments for semesters, three installments for academic years divided into trimesters).

 

DEADLINE

Submit by 11:59pm on Sunday, February 09, 2025.

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Marine Credit Union Member Scholarship 2025

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At Marine Credit Union (MCU), we look at our members’ individual finances less as a number and more as a journey. We believe financial fulfillment should be an attainable goal for all, not just a luxury afforded to the few. We strive to help members reach their goals. MCU was founded by hardworking people, for hardworking people. Our commitment to community has been our guiding principle since we opened the doors to our first branch nearly a century ago. It’s helped us expand to locations in Wisconsin, Iowa, Minnesota, and Illinois, where we serve over 75,000 members today. It also inspired us to create the Marine Credit Union Foundation in 2014, which has raised to-date over $1,000,000 and contributed to more than 1,000 charitable causes. Though MCU has enjoyed sustained growth through the years, we’ve never lost sight of our core values — courage, collaboration, compassion, and commitment — or the greater community we serve.