The school year is almost over, but scholarship season isn’t quite yet!
That’s good news for any procrastinators facing a college payment in the near future. According to CollegeCalc, the average cost of tuition in Georgia was $10,055 a year during the 2016 – 2017 academic school year. Most undergraduate degrees take about four or five years to complete. Try doing that math without developing a nervous twitch.
Fortunately, some Georgia credit unions offer a degree of help to their members who see college in their future. About 25 credit unions statewide offer some form of scholarship money. Their combined membership covers most geographical regions and employee groups in the state so — in theory — there’s a credit-union backed scholarship for every future student to apply for in Georgia.
But hurry — these eight scholarships with deadlines in May and June wrap up scholarship season for Georgia credit unions.
1. EXCEL Federal Credit Union. Due: May 5. EXCEL Federal Credit Union will award three $1,000 scholarships to students enrolled to attend a college or university in fall of 2018. The money can be used toward tuition, fees, books, campus housing or other monetary requirements of the school. Applicants are asked to submit an application along with a 500 word essay explaining how membership in a credit union will personally benefit them and how the credit union movement will benefit their generation. Successful candidates must be at least 16 years old as of Jan. 1, 2018, must have a GPA of 2.5 or better and must be a member or closely related to a member of EXCEL FCU. Click here for an application.
Not a member? EXCEL FCU is open to employees of a variety of employers in Georgia, including ACE Hardware, Ackerman Security, Coca Cola Enterprises, YMCA of Greater Atlanta and more. Click here for more information.
2. Georgia’s Own Credit Union. Due: May 31. Georgia’s Own Credit Union will award $15,000 to three students through its What’s Ne[x]t Scholarship program. The top recipient will receive an $8,000 scholarship to use during the 2018-2019 academic school year. Two other winners will receive $5,000 and $2,000. Candidates need to submit a short video — 5 minutes or less — detailing where life is taking them, what their passion is or what they want to accomplish. Georgia’s Own will judge the videos alongside the students’ financial habits, commitment to community and academic record. Applicants must be a member of Georgia’s Own Credit Union and must be enrolled or expecting to be enrolled at an accredited college or university during the 2018 – 2019 school year. Click here to apply.
Not a member? Georgia’s Own Credit Union is open to anybody living in Barrow, Bartow, Chatham, Cheroke, Clarke, Clayton, Cobb, Columbia, DeKalb, Douglas Effingham, Fayette, Forsyth, Fulton, Gwinnett, Hall, Henry, Paulding, Richmond, Rockdale or Walton counties. Georgia State University students, faculty, staff, retiree and alumni are also invited to join as are members of the Getting Ahead Association and employess and retirees of several companies. Family members of existing Georgia’s Own members may also join. Click here for more information.
3. GEMC Federal Credit Union. Due: June 30. GEMC will award $1,000 each to two students who must be members or related to members of GEMC Federal Credit Union. Candidates should fill out an application which will be judged by two GEMC FCU members and a State of Georgia educator. The scholarship money may be used at any accredited college or university in the United States, including vocational schools. Click here to apply.
Not a member? GEMC is open to employees of Georgia’s electrical cooperatives and associated system organizations — that encompasses 61 groups around Georgia. Immediate family and those living with members are also invited to join. For more information, click here.