FIC Scholarship 2013 Details
All the information your members need to apply is in the scholarship packet including eligibility, essay guidelines and deadline. Encourage all to read the rules carefully. Applications not following the guidelines will not be considered. Applications must be completed and submitted by Saturday, Feb. 1, 2014.
Filling Out the Application
The online informational questionnaire requires applicants to provide brief responses (limit 50 words to questions 10-12) to the following:
The application questions will count for 25 percent of the evaluation.
Submit an Essay: Submit a 500-word essay that answers the question:
“The average age of credit union members
in Minnesota is 47 years old.
** For judging purposes, please DO NOT use your name or
the name of your credit union in your essay. Essays that include
your name or the name of your credit union will be automatically
To be eligible, you must be a student pursuing post-high school education in the 2014/2015 school year (fall and spring semester) and be a member of a Minnesota credit union that is affiliated with the Minnesota Credit Union Network.*You must be a credit union member in good standing (as determined by your credit union). The school you are planning to attend can be a public or private university, college, graduate or law school, or two- or four-year community or technical college. All schools must be accredited by the U.S. Department of Education.
Applications will be judged in March 2014, and award-winners will receive their scholarship money after completing the first semester of the 2014/2015 school year. Recipients must submit to the FIC a transcript from the fall of 2014, not to include post-secondary classes, and proof of registration for spring of 2015; as well as the name and address of the school you are attending, your home mailing address, your phone number and email address in the event the FIC has questions. Upon receiving this information, scholarship money will then be provided directly to the recipient in the form of a check payable to the student and the school. Scholarship recipients who attend school for only the fall semester will not receive scholarship money.
Financial need is not considered in the selection of the scholarship recipients. Immediate family and household members of the Minnesota Family Involvement Council are not eligible to enter.
* Please note: You must be a member of a MN Credit Union Network-affiliated credit union. You will not qualify if only your parents are members. If you are unsure whether or not your credit union is affiliated with the Minnesota Credit Union Network, ask your credit union, or refer to the list of credit unions on the online application.
A committee made up of the FIC board members (credit union staff and volunteers from around the state) will select the scholarship recipients. The decision of the selection committee is final and not subject to review.
One “Harvey Bakke” $1,000 scholarship will be awarded in each applicant category:
The remaining 16 - $500 awards will be divided proportionally among the number of applicants in each category. Applications in the traditional student and in the non-traditional student categories will be judged separately.
The Minnesota Family Involvement Council will personally notify credit unions with scholarship winners, and the FIC will notify individual scholarship recipients by mail. All scholarships must be claimed by June 1, 2015. The list of scholarship recipients will be posted online in the spring of 2014, following the March judging meeting. Non-winners will not be notified.