MidMinnesota Federal Credit Union is eager to announce that they are offering scholarship programs in cooperation with schools inside the communities. Through these program, they want to help students with unmet financial requirements, continue their education. MMFCU has assisted students with financing their schooling for longer than ten years by working with real-life mentors from schools in their field of participation. They are offering this scholarship to help their union members with the sole purpose of giving back or returning to the community whatever they owe. Applications are currently being acknowledged for the Minnesota Credit Union Foundation Scholarship Council grant program. As a part of Mid Minnesota’s endeavors to help students and their families in their monetary excursion, they urge those that fit the requirements to apply for this grant opportunity accessible to all Minnesota credit endorsers.
The scholarship program will grant eight $1,000 grants to traditional candidates and eight $1,000 grants to non-conventional candidates. Applications are being acknowledged online with an application cutoff time of November 30, 2021. To apply, present an essay not surpassing 500 words addressing the accompanying article question given. Make sure that your essay answers the main subject. Also, make sure your answer is original and creative. You can also have someone else audit it for spelling and language structure.
What separates Mid Minnesota from other monetary organizations is their members, who have a personal stake in their prosperity. Any profits they earn are gotten back to their members as higher dividend rates, lower financing costs on loans, extra innovation, and development in services. Mid Minnesota Federal Credit Union (MMFCU) serves all of Becker, Cass, Crow Wing, Douglas, Morrison, Norman, Otter Tail, Todd, and Wadena Counties just as the Cities of Aitkin, McGregor, and Palisade, notwithstanding different townships* in Aitkin County. Their ultimate mission is to acquire member loyalty by giving them assets to further develop their monetary prosperity.
Please check out the table given below for quick information regarding the program:
|Organization||Mid Minnesota Federal Credit Union|
|Education Level||High school senior, post-secondary education|
|Number of Awards||16|
|Contest Deadline||November 30, 2021|
|Application Fees||Not required|
Who is Eligible?
The Scholarship applicants must be one of the following type of students:
- traditional: current high school or PSEO student graduating in 2022
- Non-traditional: post-high school student, current college student, or those who are returning to post-secondary after some time off.
In addition, scholarship applicants must meet the following eligibility criteria:
- enrolled or plan to attend an accredited, non-profit educational institution in an undergraduate or graduate program (master’s and doctorate). Awards will not be disbursed until the student is accepted and enrolled in an accredited institution.
- Enrolled in at least one course at the accredited school during the scholarship application time frame.
- Individual must be a credit union member in good standing (as determined by your credit union) affiliated with the Minnesota Credit Union Network. The student must have a separate credit union account from their parents/guardians.
- Information provided on the application must be accurate and solely the original work of the applicant.
- financial need is not considered in the selection of the scholarship recipients.
- Immediate family and household members of the Minnesota Foundation Scholarship Council are not eligible to enter.
- Applicants will be asked to approve that their names, words, and/or photos can be used in various media to promote the credit union scholarship program.
How to Apply?
To participate, the candidates need to submit an essay of fewer than 500 words answering the following essay question:
How did the way you interact and communicate with businesses change during the pandemic, and what would you like to see continue in the future? From these experiences, what suggestions do you have for your credit union?
The candidate must not use his name or the name of his credit union in his essay or on the essay page. Top of FormBottom of Form
The scholarship foundation council will decide the winning recipients for the following scholarship, dependent on your applications and essays. There will be sixteen (16) $1,000 each scholarship be granted to credit union members throughout Minnesota, eight will be granted to traditional applicants, and the rest eight will be given to non-traditional applicants.
All the entrants must submit their entries no later than November 30, 2021. Any entries submitted after this date will be rejected.