Scholarships and Bursaries


SASCU Scholarships were established to recognize students from the Credit Union membership for their academic, extracurricular and community contributions.

The scholarships are awarded each year to deserving students from schools in our communities:

  • Okanagan College – Salmon Arm Campus
  • Salmon Arm Secondary (SAS)
  • Eagle River Secondary – Sicamous
  • Salmon Arm Storefront School
  • King's Christian School

Scholarships will be awarded on the following basis:

  • Academic or Technical achievement
  • Community involvement
  • Student must be a member of SASCU Credit Union
  • Student must be enrolled full-time in an accredited post-secondary learning institution
  • The scholarship must be claimed by the beginning of the second college/university year after presentation, unless exceptional circumstances prevent enrolment. If the scholarship is not claimed by the second year and there are no exceptional circumstances, the funds will no longer be available as awarded.

Scholarship Funding

Scholarships are funded by SASCU Credit Union on an annual basis at the discretion of the Board of Directors.
Check out our Awards & Bursaries page – an award from the Credit Union Foundation of BC or CRI Canada may be an option.
Consider talking with a representative from our Personal Lending department. SASCU offers competitive rates on student loans.


Please note the following application processes for each institution:

Application Process – Okanagan College – Salmon Arm

Go to Okanagan College Financial Aid & Awards

Application Process – School District #83 (SAS, Eagle River, Storefront, King's Christian)

  1. Applications are available from your school counsellor at your respective academic institution
  2. Applications need to be completed in full and returned to the school counsellor by a determined date
  3. Applications will then be reviewed by a selection committee
  4. Scholarships will be awarded at graduation ceremonies in that application year

Application Timelines – School District #83 (SAS, Eagle River, Storefront, King's Christian)

Applications are made available yearly in April. Deadline for applications is yearly at the end of May.


Awards and Bursaries

The Credit Union Foundation of BC disburses educational awards to credit union members as well as grants to BC colleges and universities. They in turn provide bursaries to their students. See details about Awards & Bursaries below.

Credit Unions of BC Bursary Program

The Credit Union Foundation of British Columbia is the province-wide philanthropic organization of the credit union system. This Foundation was founded and is funded by British Columbia credit union members.

The Foundation’s primary purpose is to provide education awards to British Columbia-resident students enrolled in post-secondary programs and attending accredited colleges and universities within the province. The prime criteria is demonstrated financial need.

Submission Deadlines

The deadline is the date the application must be received by the Foundation. Late submissions will not be considered.

For programs that start in the Fall, applications are accepted starting September 1 until October 15 deadline. Programs starting in the Winter, applications are accepted starting January 1 until February 15 deadline. Programs starting in the Spring/Summer, applications are accepted starting May 1 until June 15 deadline.

For details, visit the Foundation's web site – Only online applications are accepted.

Credit Union Foundation of BC – Bursaries 

Each year, the Credit Union Foundation of BC also provides grants to public colleges and universities throughout British Columbia for disbursement as bursaries. Students need to check their school’s calendar for descriptions of these awards or consult with their awards office regarding eligibility.
To open a youth account or for information to build your educational savings, visit one of our branches or email us –