Scholarship Application

RCU Scholarship Program

This scholarship is awarded to a candidate who is enrolled in post-secondary studies at an accredited university or college at the undergraduate or graduate level and exhibits exceptional academic credentials. Second, the candidate must demonstrate leadership and community involvement. Candidates must submit their Application (a hard copy with all required documents must be received by the application deadline of September 30, 2019) to the Scholarship Committee, RCU Credit Union, 3 Resurrection Rd., Toronto, Ontario M9A 5G1.

A Candidate must meet the following criteria:

a.    a member of RCU;
b.    be a citizen of Canada or a landed immigrant, and a resident of Ontario, though the student may attend an educational institution outside of Canada;
c.     be enrolled in full time post-secondary studies at an accredited university or college and provide proof of enrollment;
d.    have completed their prior year’s studies with a minimum average of 75% or GPA equivalent (transcripts of marks are required) ;
e.    must present a brief portfolio/resume (minimum 100 words and maximum of 250 words – in English);
f.     demonstrate participation and leadership in community activities within 36 months of the scholarship submission date;
g.     must provide Letters of Reference (maximum of three) - one must be from the learning institution and/or community organization(s) dated within 12 months of the scholarship submission date.
h.     the weighting for the scoring of the successful incumbents will be 60% on grades and 40% on community involvement.
i.    no candidate can be awarded a RCU scholarship more than twice.
j.     the complete application must be received by the Scholarship Application Deadline of September 30, 2019.

Awards: One (1) at $1,500 awarded to the highest scoring incumbent. The number of awards at $1,000 will be at the sole discretion of the Board of Directors and can vary from year to year.

Terms: The scholarship will be paid in one sum, upon presentation of all “Criteria” (see above). Proof of such (i.e., tuition payment and transcripts) is required. This scholarship is acceptable with other scholarships or with awards from other credit unions or institutions for the given year.

Deadline for Applications: September 30, 2019.


Find Branch/ATM

Enter address, postal code or branch name