Scholarships

 

 

Last year alone, we gave over $50,000 to students attending Post Secondary Education in the form of both traditional and video scholarships. Don't pay more than you have to for your education, apply for a credit union scholarship.

 

Application deadline is May 7th, 2017.

 

 

 

 

Traditional

Eligibility Requirements:

 

  1. Applicant, parent(s), or legal guardian must be an active member of a credit union on Prince Edward Island.
  2. The applicant must be a full-time Grade 12 student during the 2016-2017 academic school year.
  3. The applicant must be planning to attend a recognized University or College for the 2017-2018 school year. Please see list of all recognized Universities and Colleges here.

 

Evaluation Components:

 

  1. Scholarships will be awarded to individuals who encompass a well-rounded character. We are looking for involvement in the community, taking initiative in leadership roles and your overall performance as a student.
  2. Consideration will be given to the following criteria:
    • Community involvement
    • Extra-curricular activities
    • Career goals
    • Leadership roles
    • Work accomplishments while attending high school (if applicable)

 

Application Process:

 

  1. All applications must include the following documentation on hand in order to complete the application:
    • Proof of acceptance to a recognized university or college.
    • A reference letter from a previous teacher, employer, community group/organization of which the applicant is a member of/involved in.
    • A transcript of marks from the educational institution the applicant is currently attending.
  2. Once the application is submitted you will receive an automated notification through email that we have received it.
  3. The application will then be distributed to the respective credit union selection committee and may be subjected to additional criteria.
  4. You will be notified on the status of your application using through the email address you provide in the application.
  5. Only one application per student will be accepted.
  6. The scholarship will be paid jointly to the recipient and the chosen educational institution and is not renewable.

 

Application deadline is May 7th, 2017.

 

Questions?

 

If you have any issues with the application form or process, please email us about it.

Ready to apply? Fill out the form below.
Video

PEI Credit Unions is pleased to offer two $2,000 video scholarships for the 2016-2017 academic year, one will be awarded to students entering into their first year of Post-Secondary, and one for Post-Secondary students who have already completed at least one year of their program and are returning in the fall. Instead of writing out why you deserve this scholarship, we ask that you submit a short, self-made (2 minute) video to our Facebook Page (PEI Credit Unions) answering the question:

 

For Entering Students:

Who has been/is your biggest financial role model and why?

 

For Returning Students:

What is your biggest financial epiphany since you started your Post-Secondary program?

 

Eligibility Requirements for the Entering Video Scholarships:

 

  1. Applicant, parent(s), or legal guardian must be an active member of a Credit Union on PEI
  2. The applicant must be a full-time Grade 12 student during the 2016-2017 academic school year.
  3. The applicant must be planning to attend a recognized University or College for the 2017-2018 school year. Please see list of all recognized Universities and Colleges here.

 

Eligibility Requirements for the Returning Video Scholarship:

 

  1. Applicant, parent(s), or legal guardian must be an active member of a Credit Union of PEI.
  2. The applicant must be a full-time student at a recognized University or College during the 2016-2017 academic school year. Please see list of all recognized Universities and Colleges here.
  3. The applicant must be planning to return to a recognized University or College for the 2017-2018 school year to continue their program.

 

 

Video Guidelines:

 

  • Video must be submitted/posted on the wall of the PEI Credit Unions Facebook page (https://www.facebook.com/PEICreditUnions)
  • Videos must be no more than 120 seconds (2 minutes).
  • Please film/create video in a landscape/widescreen aspect
  • The applicant is 100% responsible for all production costs and for the creation of their video (PEI Credit Unions will not be held responsible for any laws broken, violations, etc).
  • All submissions will become the property of PEI Credit Unions
  • Any submission deemed inappropriate or unsuitable, in PEI Credit Unions discretion, will be disqualified.
  • All Video Scholarship entries must be submitted/posted no later than May 7, 2017.

 

Evaluation and Selection Criteria

 

  • Three judging components will be taken into consideration:
    • The number of Likes generated by the video on our Facebook page*
    • Content of the video
    • Quality of the video
  • A selection committee will choose the $2,000 Video Scholarship recipients from all qualified entries based on the evaluation criteria.
  • Decisions of the judges are final with respect to all matters relating to the Video Scholarship contest.
  • The video scholarship recipients will be announced on PEI Credit Unions Facebook Page.

    *The number of Likes will not be the single determining factor but will play a part in the evaluation.

 

Disclaimer: By submitting and posting a video entry to the PEI Credit Unions Facebook page the applicant is hereby agreeing that they have read and understood all guidelines and criteria of the Video Scholarship. The applicant hereby grants PEI Credit Unions and its affiliates the right to use, reproduce, distribute, publicly display and promote the entry for promotional purposes. The applicant also represents and warrants that the does not and shall not infringe on any copyright or trademark or any other third-party right other than PEI Credit Unions, nor violate any law or regulation.

 

Questions?

 

If you have any questions about process or these guidelines, please email us about it.

 

 

 

Post your video submission now >>
 Application Form for Traditional Credit Union Scholarship
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