Scholarships Available

$16,000 in Scholarships Available for Credit Union Members!


The financial costs of pursuing a higher education add up quickly. As a not-for-profit financial institution, we are here to help you, our members, succeed. That’s why we are once again partnering with the Minnesota Credit Union Foundation Scholarship Council (FSC) to offer $16,000 in scholarships exclusively to members of Minnesota Credit Unions.

Over 340 scholarships have been awarded since 1997, totaling $209,000. Four MEFCU members were awarded FSC scholarships in 2020. Congratulations to Isaac Harreld, Kyler Reps, Sophia Hendrickson and Heather Oldenburg!

Scholarship Eligibility

Any MEFCU member pursuing post-secondary education in Fall 2020 and Spring 2021 is eligible to apply, and 16 applicants will be awarded a $1,000 scholarship.

Scholarship applicants must be one of the following types of students:

  • Traditional: Current high school or PSEO student graduating in 2021
  • Non-Traditional: Post high school student or those returning to post-secondary after some time off

Applications are now open, and must be submitted electronically by 11:59 p.m. Central Standard Time November 30, 2020. Applications submitted after the deadline will not be considered.

Learn more about the scholarship requirements and apply online. Good luck to this year’s applicants!