Scholarships

You worked so hard to get to this point. Let us reward all of that hard work and dedication.

Student Scholarship Program

Vermont Federal Credit Union has been awarding scholarships to deserving students for nearly 20 years. Recipients are selected by a volunteer Scholarship Committee and are chosen based on academic achievement, leadership activities, service to the community, and responses to an essay question.

The Award

Vermont Federal Credit Union is offering four educational scholarships in the amount of $2,000 each for the 2023-2024 school year:

(2) $2,000 scholarships to graduating high school seniors.
(2) $2,000 scholarships to those already enrolled in a college, trade school, or university or having been out of high school for more than one year.

Eligibility

To be eligible to apply, the applicant must meet ALL of the following criteria:

Applicant must be a member of Vermont Federal Credit Union. If not, join by April 24th, 2023 to be eligible.
Applicant must be accepted to or enrolled in an accredited undergraduate program at a college, trade school, or university (minimum 12-credit semester or full-time equivalent)*
Studies must begin in the Fall of 2023 or Spring of 2024 semester
Immediate family members of Vermont Federal employees and Board members are not eligible

Entry Requirements

All applicants must submit the following by the April 24th deadline:

Completed Vermont Federal scholarship application - Applications must be submitted online
Copy of academic transcript(s) for all classes taken in grades 9-12 and/or (General Education Degree). Those who have already completed college, trade school or university classes should also include those transcripts. Records should be completed through the last grading period.
Copy of the letter of acceptance from the college, trade school or university. If college, trade school or university is not determined at the time the application is due, the applicant must send all potential college, trade school or university acceptance letters and notify Scholarship Coordinator as soon as the school is selected.*

*College, trade school or university of choice does not have to be a Vermont institution

Supporting materials (academic transcript(s) and letter(s) of acceptance) should be mailed to:

Scholarship Committee
Vermont Federal Credit Union
275 Kennedy Drive, PO Box 2147
South Burlington, VT 05407-2147

Schedule & Selection

The application must be completed with all supporting documentation and mailed to the Scholarship Committee by April 24th, 2023. Any packages postmarked with a date after April 24th, 2023 will NOT be considered. Vermont Federal Credit Union is not responsible for lost mail or delays in delivery of mail. Applications will be reviewed and finalists will be chosen by the Scholarship Committee. Winners will be notified by June 5th, 2023.

Recipient will receive an award certificate and check from Vermont Federal. Each award will be made payable to the student by August 4th, 2023. Funds are to be used for tuition, room, board and/or books. The $2,000 will be returned should the student not attend school within the current academic year.

If you have any questions concerning this scholarship, please contact the Scholarship Coordinator at (802) 658-0225, ext. 1322, or toll free at (888) 252-0202.