Scholarships and Bursaries

Scholarships and Awards

$26,750 in scholarships and awards to be distributed in 2019!

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

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

  • Okanagan College – Salmon Arm Campus
    • Four $2,000 Scholarships
  • Salmon Arm Secondary (SAS)
    • Five $1,500 Scholarships
    • Two $750 Awards
  • Eagle River Secondary
    • One $1,500 Scholarship
    • One $750 Award
  • Salmon Arm Storefront School
    • One $1,500 Scholarship
    • One $750 Award
  • King's Christian School
    • One $1,500 Scholarship
    • One $750 Award
  • A.L. Fortune Secondary
    • One $1,500 Scholarship
    • One $750 Award

Scholarship criteria:

  • Demonstrated Academic or Technical achievement
  • Community involvement Or School Involvement OR Extraordinary Work Ethic
  • Membership with SASCU
  • Student must be enrolled full-time in an accredited post-secondary learning institution

Award criteria:

  • Demonstrated success and strong work ethic in intended field of post-secondary study
  • Membership with SASCU
  • Student pursuing post-secondary studies that are over 6 weeks in length or 6 credits per semester as a part time student. (this includes vocational programs—like Trades Apprenticeship, Trades Foundation, Education Assistant, Health Care Assistant, Early Childhood Education, Office Administration, etc. – as well as part time university transfer and business studies)

The scholarships and awards 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.
 

Application

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.

 

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.

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

SASCU/Credit Union Foundation of BC, Okanagan College Bursary

This Endowment Fund has been established by the Credit Union Foundation of BC and SASCU to provide post-secondary educational opportunities for the residents of the Shuswap region and will provide an annual award for a student entering a trade program at the Okanagan College Salmon Arm campus.

For details, please visit the Okanagan College website for more information.


To open a youth account or for information to build your educational savings, visit one of our branches or email us – info@sascu.com.