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Alliance Federal Credit Union
PO BOX 64970
Lubbock, TX 79464
800.687.4328 / 806.798.5554
fax 806.798.4615
 
Annual Scholarship
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Youth Accounts




Alliance Federal Credit Union is awarding one $1,000 scholarship for 2010.
 

We encourage all our young members who are graduating seniors to apply. Each applicant must be a high school senior with a minimum GPA of 3.0 on a 4.0 scale, bound for a two- or four-year college or university and a member of Alliance Federal Credit Union in good standing. Students who live in our Lubbock County service region and are not yet members may join the Credit Union and apply for our scholarship at the same time.
 

Our scholarship application is available to pick up at any of our locations or you may download the PDF version. Scholarship applications will be available to pick up and download on
Monday, March 1. 2010.

Completed applications must be received no later than the close of business, Friday, May 21, 2010. Scholarship recipient will be notified by May 28, 2010.

You may mail your completed application to Alliance Federal Credit Union Attn: Scholarship Committee PO BOX 64970 Lubbock, TX 79464. 
 


Qualifications for application include the following:
• You must be a member of AFCU and be the primary account holder. This account must be separate from your parent’s account.
• You must be a graduating high school senior.
• Scholarship recipients for the 2010 school year must attend college (community, technical, university or other institution) full time.
• You must have a GPA of 3.0 or greater.
• Award recipients must be able to provide verification of acceptance and/or enrollment in college.
• Not eligible to apply: AFCU Board of Directors, AFCU Supervisory Committee, AFCU employees, AFCU Scholarship Selection Team. Family members of the above mentioned groups are eligible to apply.
• AFCU scholarships are non-renewable. Previous AFCU Annual Scholarship recipients are not eligible to apply.

Application Requirements:
• Completed AFCU Annual Scholarship Application
• Official High School Transcript
• Verification of acceptance and/or enrollment in college
• Essay - Describe how Alliance Federal Credit Union has helped you learn financial responsibility. Give Examples.  Also explain why you are applying for this scholarship and include any special challenges you may have.

The recipient will be selected on the basis of the above listed qualifications by a panel whose decision will be final. Strict adherence to the stated rules and qualifications will be maintained.

If you have any questions, please contact the Credit Union at 806.798.5554.
 


What are the specific requirements for filling out the application?
List all information directly on the application form provided. Do not expand the application form onto additional pages or include any additional paperwork, documents or pictures. Submit only the following required information with the completed application:
• Essay must include the following information: Essay Title, Student’s Name, Student’s Address and Phone Number
     o The essay must be typed in 12-point size type and single or double spaced on 8-1/2” x 11” white paper with one-inch margins on all sides. The text of your essay should be no more than one page or 450 words.
     o Spelling and grammar will be considered, and creativity is encouraged.
     o Topic of Essay: “Describe how Alliance Federal Credit Union has helped you learn financial responsibility. Give Examples.  Also explain why you are applying for this scholarship and include any special challenges you may have."
• Official high school transcript, from the most recent school attended only. May be included with the application package or may be sent directly from your school. Do not send photocopies of transcripts.
• Verification of acceptance and/or enrollment in college.  You may submit a copy of your acceptance letter from the college or university you will be attending.

Submit only the information required. IF MORE INFORMATION IS INCLUDED OR INSTRUCTIONS ARE NOT FOLLOWED, THE APPLICATION WILL BE DISQUALIFIED.

How many credits are full time?
Each school determines the number of credits that constitute full time attendance. This may vary from one institution to another.   We recommend you check with your school.

Are any need-based scholarships being awarded by AFCU?
No. All scholarships are merit based.

On what criteria is the AFCU Annual Scholarship selected?
• Community and/or School Service
• Leadership Potential
• Academic Achievement
Selection will be made without regard to the applicant's race, color, ethnic origin, religious belief, sex, marital status, or physical handicap. Selection is, however, limited to members of AFCU.

When is my application due?
The 2008 completed application packet must be submitted and postmarked no later than May 16, 2008.

When will I know if I have been selected?
All students submitting a completed application will be notified by telephone or mail no later than May 28, 2010.

Can my application materials be returned to me?
All materials submitted become the property of Alliance FCU and will not be returned.

How are the scholarship funds dispersed?
A $1,000 check is presented to the recipient and made payable directly to the recipient. Funds may be used for tuition, school housing and/or the purchase of school books, supplies, etc.

Where do I send my scholarship application package?
Alliance Federal Credit Union
Attn: Scholarship Committee
PO Box 64970
Lubbock, TX 79464

Is it acceptable to hand-carry my application to the Credit Union?
Yes. Applications will be accepted at each location by the Branch Manager. Address the envelope to AFCU Scholarship Committee.

Can I send application items in separately?
No. The completed application form MUST be sent together in one package in order to be considered. 

  
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