Scholarships for Credit Union Members Heading to College

SFCU Scholarships for Credit Union Members Heading to College

Somerset Federal Credit Union, in conjuction with our employee sponsored ReachOut! Program, is proud to offer the following three (3) $2,000 scholarships:

Somerset Federal Credit Union Scholarship
Oliver C. Perry, Jr. Scholarship
ReachOut! Scholarship

Requirements

  • Applicant must be a member of the SFCU or a dependent of an SFCU Member.
  • Applicants must be a graduating high school senior.
  • Applicants must complete the current Scholarship Application form and submit it with all the other required materials to any SFCU branch by May 2, 2025.

Application Submission

  • Completed current Scholarship Application.
  • A type-written essay that is no more than two, double-spaced pages with a maximum of 500 words. Essay should be focused on the credit union philosophy of “people helping people” and how your commitment to educational and career goals will make a difference in your community and chosen field.
  • Proof of acceptance into a college or university undergraduate program.
  • List of extra-curricular or volunteer/community service activities.

Decision Process & Timeline

  • Scholarship Committee will review applications and select recipients, following the application deadline date.
  • Recipients will be notified in May/June 2025.

Download an application now, or pick one up at any SFCU lobby.

Applications must be dropped off at the Credit Union no later than May 2, 2025.

Be Alert – Fraudsters May Be Impersonating SFCU!
Annual Somerset Recreation Egg Hunt Sponsored by SFCU