Scholarship Fund Management

As your partner in philanthropy, the Carolinas Foundation manages scholarship funds for credit unions and chapters. We handle the communications to the applicants and the disbursement of funds to the schools. Our fee for management is simply based on the annual disbursement total. Credit unions are able to use the Foundation’s secure online application and judging portal but can also elect to use its own application.

How To Apply

In order to be eligible for consideration, an applicant must be a member of a North or South Carolina credit union and have a non-weighted GPA of 3.0 or higher. The Carolinas Credit Union Foundation oversees scholarship funds for several credit unions in the Carolinas. If an applicant is eligible for scholarships from several credit unions, they may select multiple credit unions on the application. Further, all applicants are eligible for consideration by the Carolinas Credit Union Foundation for its academic and needs-based scholarships, including credit union employees. To access the secure online portal to begin an application, please click here. For a listing of frequently asked questions, please click here.

Important Deadlines

  • October 1, 2019 – Online application opens
  • February 1, 2020 – Application closes
  • Early April 2020 – All winners and applicants are notified via the online portal
  • May 29, 2020 (new extended deadline) – All winners confirmed through the online portal using the online verification form
  • June – July 2020 – Checks are processed and distributed to attending schools

Current Scholarship Funds

  • The Carolinas Credit Union Foundation Scholarship Fund (academic and needs-based scholarships)
  • Allegacy Federal Credit Union’s Mel Hughes Scholarship Fund
  • Blue Flame Credit Union Scholarship Fund
  • Carolina Foothills Federal Credit Union Scholarship Fund
  • Carolinas Telco Federal Credit Union Legacy Scholarship Fund
  • Charlotte Metro Federal Credit Union Herman Hoose Scholarship Fund (separate application available from Charlotte Metro)
  • Coastal Credit Union Scholarship Fund
  • Greensboro Municipal Federal Credit Union
  • Health Facilities Federal Credit Union
  • Local Government Federal Credit Union Scholarship Fund (separate application available from LGFCU)
  • Members Credit Union’s Betty Stevenson Scholarship Fund & General Scholarship Fund
  • MTC Federal Credit Union Scholarship Fund
  • Piedmont Advantage Credit Union’s Members Come First Scholarship Fund
  • SPC Credit Union Scholarship Fund
  • Summit Credit Union’s Elizabeth Hamilton Scholarship Fund
  • Truliant Federal Credit Union’s Fred Sarda Scholarship Fund

Scholarship Winners

2016 - 2017

2016 - 2017

2017 - 2018

2018 - 2019

2020 - 2021