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Multiple Scholarships Available

The Credit Union has multiple scholarship opportunities available for those attending college during the 2014-2015 school year. Eligible students are highly encouraged to participate in the programs listed below.

***Please note the due dates of EACH scholarship and application requirements!***

Due February 7, 2014
1). There are two scholarship programs available this year through the statewide Warren A. Morrow Memorial Scholarship. One program (four separate scholarships) is for high school students classified as a senior with a projected graduation date of 2014, and, the second program (two separate scholarships) is open to students entering or attending an accredited undergraduate, graduate or vocational program. A total of $5,750 will be awarded.

Applicants must complete an entry form and write an essay that is no more than 500 words on the following topic:

Financial literacy is now part of Iowa’s Department of Education’s core curriculum. What are the most important aspects of money management that should be taught when it comes to savings, checking, borrowing or investing for the longer term? How can credit unions help you and others with financial education?

Click here for rules and official online scholarship application.

Due March 5, 2014
2). ACU Essay Scholarship – Once you have done the work for the Warren A. Marrow Memorial Scholarship (above), submit a copy of your essay to the Credit Union, and it will be entered for one of two ACU $500 scholarships. If you missed the above entry deadline, you can still write the essay and send it to ACU by March 5, 2014, for entry into our $500 scholarship. (See scholarship #1 for essay topic.)

Due March 5, 2014
3) ACU 2014-2015 Student Scholarship Drawing – Three $500 scholarships will be drawn from newsletter entry forms and our online scholarship entry forms (only one entry per student). Students can submit a form online here or complete the form in our Winter newsletter.

To be eligible for the ACU scholarships, you must be a member of ACU, a full-time student and an undergraduate of an accredited college, university or vocational school for the 2014-2015 school year. All ACU Essay Scholarships and Student Scholarship Drawings must be received in one of our credit union offices no later than March 5, 2014. Submit your completed scholarship entries to ACU Scholarship, 1200 Associates Drive, Suite 102, Dubuque, IA 52002. For more information, visit alliantcu.com, healthservicescu.com or call (800) 928-4328. Winners will be announced at our Annual Meeting, March 29, 2014.

Due March 14, 2014
Money Smart Week Contest
In support of Money Smart Week, the Iowa Bankers Association and Iowa Credit Union Foundation are sponsoring the annual Money Smart Kid Essay contest in partnership with the Federal Reserve Bank of Chicago. The winner will help promote financial literacy for Money Smart Week. One student will be named this year’s Money Smart Week Kid, and will receive a $1,000 College Savings Iowa account, which is Iowa’s 529 college savings plan that can be used at any accredited institution of higher learning in the U.S.

Finalists may be selected to read their essays at one or more Money Smart Week events. Students in grades 7-11 may enter the contest by answering the question below in no more than 300 words. Visit Money Smart Week for application, guidelines and essay topic.

Good luck to all those who apply.
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