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CU Foundation Scholarships


The Credit Union Foundation of B.C. also awards scholarships of up to $3000 per student. The primary criteria for this program is financial need.

Further information regarding the program is available online at:

http://cufoundation.org/student-application/

Application Forms: Submissions are ONLY accepted through the above noted website.

If starting: Submit:Deadline: Award Notice:
Fall semester September 1 to October 15Mid-December
Winter semester January 1to February 15Mid-March
Spring/Summer semester May 1 to June 15Mid-July

The deadline is the date the application must be received at the Foundation’s address.

 

Education Awards from the Credit Union Foundation of B.C. 

DIRECT REQUESTS:  APPLICATIONS FOR AN EDUCATION AWARD

Criteria:

  • The prime criteria is demonstrated financial need.
  • It is expected that the main funding is in place and every effort through normal channels available to students to access funds has been made. This includes applying for government student loans and school bursaries.
  • Acceptable grades are required.
  • Applicants must be B.C. residents (as described by the student loans criteria) who are Canadian Citizens or have Landed Immigrant status.
  • Applicants must be in attendance at a public post secondary school within the province of B.C. when the application is submitted.
  • Applicants attending accredited private schools will only be considered if the program is not offered at a public school. Applicants must provide a statement as to why they are not attending a public school and provide a receipt for tuition.
  • Applicants attending at a school out of province will only be considered if the program is not offered within B.C. A statement regarding this must accompany the submission as well as a receipt for tuition.
  • For students whose home town is near the Alberta border and it makes economical sense to attend school in that province, requests will be considered.
  • Students taking part in overseas field trips or exchange programs are not eligible unless it is a requirement to obtain the degree.
  • Programs of study may be vocational, technical, technological or academic.
  • Graduate and post graduate students are not eligible. However students on designated programs of study required to become a professional such as a lawyer, doctor, teacher, etc. may apply.
  • Consideration is also given to mature students.

Award Process:
Only complete signed applications will be reviewed. This means every section must be fully entered.  The Awards Committee will review all complete applications received by the deadline, taking into consideration the actual need, the length of the program, the year of study, efforts to minimize costs, personal statement of special circumstances, grades, etc. All decisions are final and are conveyed in writing.

If a Foundation award is approved, it is disbursed during the course of the program. Cheques are forwarded to the recipient’s credit union or credit union nearest to the institute of learning or place of residence. This enables the monitoring of the application and disbursement of the grant, and it provides the credit union concerned with an opportunity to receive recognition concerning the award.

As required by Revenue Canada, a T4A will be issued the following spring for income tax purposes.  It is the responsibility of the recipient to advise CUFBC of any address changes.

Applications Forms:   Submissions are NOT accepted on-line or by fax.
Download the application form, print, sign it, check it for completeness ensuring supporting documents (student loan award assessment, printout of courses in progress, and most recent transcript) are included in the submission and mail at the start of your program to:

THE CREDIT UNION FOUNDATION OF BC
C/O 1441 CREEKSIDE DRIVE
VANCOUVER, B.C. V6J 4S7

If starting: Submit: Deadline: Award Notice:
Fall semester September 1 to October 15 Mid-December
Winter semester January 1 to February 15 Mid-March
Spring/Summer semester May 1 to June 15 Mid-July

The deadline is the date the application must be received at the Foundation’s address.  There is no office at the Creekside address therefore your submission must be mailed in.

Award Amounts: Awards vary up to a maximum of $3000. Eg:
1st year student attending 2 consecutive semesters full time at college can expect up to $800.
5th year PDP student attending 3 consecutive semesters full time at university can expect up to $2400.

 

OTHER SOURCES OF FINANCIAL AID:  Check with your school’s Financial Aid Office and these websites:

http://www.aved.gov.bc.ca/studentaidbc/apply/howtoapply.htm

http://www.canlearn.ca/eng/postsec/index.shtml

COLLEGE & UNIVERSITY DISBURSED GRANTS
Each year the Credit Union Foundation of B.C. provides grants to public Colleges & Universities throughout British Columbia for disbursement. Students should check their school’s calendar for descriptions of the awards or consult with their Awards Office on eligibility.

Grants provided to Amount Awards are made available from
British Columbia Institute of Technology $1000 Credit Union Pioneers Memorial
$1000 Jerry & Belle Lundie Memorials & Bequests
Camosun College $500 May Campbell Bursary Trust
$1000 Credit Union Pioneers Memorial
Capilano University $1000 Credit Union Pioneers Memorial
College of New Calendonia $1000 Credit Union Pioneers Memorial
Douglas College $1000 Credit Union Pioneers Memorial
Emily Carr University of Art & Design $1000 Credit Union Pioneers Memorial
Justice Institute of B.C. $1000 Credit Union Pioneers Memorial
Kwantlen Polytechnic University $1000 Credit Union Pioneers Memorial
$700 Lewis van der Gracht Bursary
Langara College $1000 Credit Union Pioneers Memorial
North Island College $1000 Credit Union Pioneers Memorial
Northern Lights College $1000 Lucille Sutherland Bursary Trust
Northwest Community College $1000 Credit Union Pioneers Memorial
Okanagan College $1000 Credit Union Pioneers Memoiral
College of the Rockies $1000 Credit Union Pioneers Memorial
$800 Joseph C. Selby Memorial
Royal Roads University $1000 Credit Union Pioneers Memorial
Selkirk College $1000 Credit Union Pioneers Memorial
Simon Fraser University $1000 Jerry & Belle Lundie Memoirals & Bequests
$500 R.J. (Bob) McMaster Memorial & Bequests
Thompson Rivers University $1000 Credit Union Pioneers Memorial
University of the Fraser Valley $1000 Credit Union Pioneers Memorial
University of British Columbia $200 Farley B. Dickinson Memorial
$300 John A.H. Duffie Scholarship Trust
$600 Lucille Sutherland Bursary Trust
$600 R.J. (Bob) McMaster Memorial & Bequest Trust
$500 Credit Union Pioneers Memorial: First Nations Entrance
University of Victoria $600 R.J. (Bob) McMaster Memorial & Bequest Trust
University of Northern British Columbia $1000 George Viereck Memorial
Vancouver Community College $1000 Credit Union Pioneers Memorial
$250 Val Pearson / Violet de Courcy Memorial
Vancouver Island University $1000 Credit Union Pioneers Memorial
$600 A. Rod Glen Memorial
$500 Kla How Ya Society, A. Rod Glen Memorial

 

Also Available at Schools are Bursaries from Endowments:
Established in 2008 commemorating the Foundation’s 50th year, CUFBC matched funds with donors to establish Endowments at the following schools:

College of New Caledonia Credit Union Foundation of BC – Integris Credit Union
Kwantlen Polytechnic University Credit Union Foundation of BC – G & F Financial Group
Credit Union Foundation of BC – Bill Wright Award for International Exchange
Credit Union Foundation of BC: Nursing Practice Award
Okanagan College Credit Union Foundation of BC – Salmon Arm Savings and Credit Union
Credit Union Foundation of BC – Summerland & District Credit Union
Selkirk College Credit Union Foundation of BC – Nelson & District Credit Union Community Alliance Bursary Endowment

© 2013 Lake View Credit Union