Credit Union College Scholarships: Apply Now

Spring is the season for applying for scholarships and deadlines are rapidly approaching. Here is some info on two credit union scholarships that any credit union member who is a student should consider.

But first a word about taxes. The FAFSA (Free Application For Student Aid) requires tax/income information. So, parents, you should not slack off and wait until the eve of April 15th to do your taxes. Many scholarship applications require a copy of the FAFSA. College financial aid office deadlines for FAFSA applications may be much later, but many scholarships deadlines are in March.

And students, Yes, applying for scholarships is not fun, but it may be the most anyone will ever pay you to write an essay. It won't hurt.

So here are two credit union scholarships for you:

Coors Credit Union Scholarship

Our scholarship program (available to high school seniors and undergraduate students) awards two (2) $1,000 scholarships to student members of the credit union who demonstrate a caring spirit and appreciation for others

Download and Complete the Coors® Credit Union Application

Eligibility Requirements

Scholarship applicant must be:
• A member in good standing with Coors Credit Union.
• A graduating senior or current college student
• Accepted as an incoming freshman or already attending a college, university, trade or craft school.

Deadline To Apply

Application and supporting documents must be received together by March 31, 2010.

Notice of Awards

Winners will be notified by May 14, 2010.

Braymen-Beach Scholarship

Offered by Board of Directors of the Credit Union Foundation of Colorado and Wyoming. One $5,000 scholarship award will be given to a student seeking a business degree from a four-year accredited institution, who is a member of a credit union affiliated with the Credit Union Association of Colorado. The deadline for applications is Tuesday, March 31, 2010.

To download the brochure and application go to: www.colocu.com/brayman-beach

Qualifications

* Must be a U.S. citizen, at least 16 years of age

* Member of a Colorado credit union affiliated with the Credit Union Association of Colorado

* Interest in pursuing a business degree

* Beginning freshman, sophomore, junior or senior at a four-year accredited institution conferring bachelor degrees located in the US

* Scholarship funds must be used by January 31 of the year following award, or the funds will be forfeited

* Submit a complete application with required documents

Application must be post-marked, emailed or faxed by MARCH 31, 2010

Selection Criteria

· * Grades

· * Academic Goals

· * Professional Goals

· * Financial Need

· * Community Service

· * Extracurricular activities

Selection of the recipient is the sole discretion of the Board of Directors of the Credit Union Foundation of Colorado and Wyoming

Winner

· * Will be notified in writing within 60 days of application deadline

· * Funds will be transmitted directly to the institution for credit to the
student's tuition, room, board and fee account.

Hey Mom, Dad, get a Free Education!

Maybe you've always wanted to go back to school to boost or change your career. But in this economy putting out money for college can seem like a risky idea. Just holding on to your current job might be tough enough. Well here are two opportunities that might interest you:

1) Project Working Mom...and Dads too! This is a scholarship program by eLearners.com. The program offers a full scholarship to working moms, and this year dads are also eligible.

"We launched Project Working Mom as a response to staggering statistics indicating that working moms are an underserved population that simply need to overcome the obstacles of time, money and confidence to achieve the education they need to improve their lives," said Helen MacDermott, content director for Project Working Mom. "But in today's economy, we realize there are plenty of dads who are also in desperate need of financial aid and deserve a chance to tell their stories, too."

Scholarship applications are open until April 30, 2009, scholarship recipients will be notified and posted here in May 2009. The fund has over $2 million to offer free-ride online degrees.

2) Women Higher Entrepreneurship Learning Program (HELP) This one is for women only. It is offered by Leeds School of Business and Deming Center of Entrepreneurship at University of Colorado in Boulder. This program is entirely free and entirely online. It is a resource center web site that offers virtual training and regional networking to facilitate and support entrepreneurship and micro enterprise development for women. It is comprised of 6 online courses covering Entrepreneurship, Entrepreneurial Marketing, Bookkeeping & Accounting, Financing New Ventures, Team Building and E-Commerce. While not a degree program recipients who successfully complete will receive certificate from the Deming Center, Leeds School of Business at University of Colorado at Boulder. This is an intense program with assignments and projects.

Education is always a good investment. To make it easier to afford search online or check out this site that has a database of online degrees and scholarships.

Scholarships 101

by Luke McIlwee

So you got good grades, were active in your community, played sports and maybe even had a job through high school. That’s awesome. You got accepted to the college of your choice and now your home free right? Wrong. Getting into college is one thing, but paying for it opens up a whole new bag of tricks. Tuition fees at universities have been rising every year, so they are more expensive now then ever. This is especially true if you plan to attend a private university, which will on average cost around $40,000 a year. That’s a lot of dough! The whole financial picture of college can be very intimidating, but there is a way to lessen the load on your family when it comes to paying for your higher education. One word: Scholarships.

Here is something to consider. In the scholarship world, you could spend about two hours writing an essay and make $5,000 just like that. That’s only a mere $2,500 an hour, not too shabby. What other time in your life are you going to be making that kind of money? Considering your probably making minimum wage at your part time job, I would say not for a while. Most general scholarships will range anywhere from $500 to $40,000. As the amount increases, so does the competition, so sometimes quantity is more important than quality. If you get several small scholarships they will start adding up and making a big difference towards your college tuition. The most important thing is that you start applying for them right now, because if you don’t apply you can’t win.

But don’t you have to be the class valedictorian or have discovered a new way to detect brain cancer in order to get a scholarship? The answer is a resounding no. There are actually countless scholarships that you are eligible for right now, you just have to find them. A good place to start would be your schools counseling office which probably have scholarships for students at your school specifically. After talking to your counselor, you can begin your own scholarship search on the internet. I recommend websites like fastweb.com, and scholarships.com which have scholarship search engines that match you with scholarships based on your personal information. How cool is that? The important thing to consider here is that you should use a lot of different scholarship engines because some will have scholarships that others do not.

Staying organized is a big factor that could make or break your scholarship success. If you’re not an organized person, it’s never too late to try something new. You might even enjoy remembering where you leave things. The most important part of scholarships is to keep track of deadlines. So go to office max and get a calendar or a planner that you can use to keep track of when all those bad boys are due. Knowing the deadlines will allow you to prioritize, getting the ones that are due the soonest completed and turned in first.

Most scholarships will require some generic items that can make or break your chances of winning. These include up to three letters of reference, a resume, essays, and financial information. It’s vital that you get three letters of recommendation from both people at your school, and in your community. Usually the best way to go about this is to get one from your academic counselor, a teacher, your employer or a person who knows of your community service. Ask for these well in advance to give them enough time to complete a thorough and complete recommendation. When you ask them, include a resume and some information that you would like included in the letter and a list of the scholarships you intend to use their letter for.

Now its time to get to work on your resume and essays. Most scholarships will have slightly different rubrics for their essays, but most of the time you can have two or three essays you use for all of them. You can simply change the essays as needed in order to fit the topic. This is even truer for your resume, which will remain mostly unchanged for each scholarship. It is a good idea to have a mission or objective statement on your resume, which should be personalized for each individual scholarship. Finally, if you filled out the FAFSA you can log into your account on their website and print off a SAR which summarizes your financial situation and contains your estimated family contribution.

Finding and applying to numerous scholarships can be hectic, but in the long run it will be totally worth it. While your friends might be at the pool or going to a movie, your extra time spent on scholarships might seem a bit dull. But just keep in mind that you are setting yourself up to save a lot of money for yourself. So potentially, while they are broke in college without a car or any food you will be cruising around in your convertible and eating at five star restaurants. So keep at it slugger, good luck!