Yet another possibility exists for young people looking for small scholarships--especially not those dependent strictly on financial need. That is, banks and credit unions. U.S. Bank, for instance, will soon be accepting scholarship applications from American citizens who are high school seniors and undergraduates. Fifth Third Bank is offering a $10,000 scholarship sweepstakes. Citizens Bank offers TruFit Scholarships to young people in their operating areas that work for the betterment of the community. BBCN Bank has a scholarship program for incoming freshmen with financial need and at least a 3.0 GPA in their service areas.
Credit unions, too, often offer scholarships. In the Toledo area, the Toledo Metro Federal Credit Union offers scholarships to its members who are enrolled in an accredited two or four year institution -- NOT the children of members -- and the entrance is a short essay on an assigned topic.
It's worth checking out the banks and credit unions in your area to see if you may be eligible. Some, like the TMFCU restrict eligibility to their own members or their families, but many restrict to those in their service areas. Some are truly sweepstakes and the winners chosen at random; some require financial need or a competitive essay. Look for financial institutions that operate in your area, since they are the ones in which you have the best chance of qualifying, and try looking in December or January of the year, since most of them seem to crank up the first of the year. Look at the website of your financial institution, the ones in your area, and be on the lookout for credit unions in your area, too.
Credit unions, too, often offer scholarships. In the Toledo area, the Toledo Metro Federal Credit Union offers scholarships to its members who are enrolled in an accredited two or four year institution -- NOT the children of members -- and the entrance is a short essay on an assigned topic.
It's worth checking out the banks and credit unions in your area to see if you may be eligible. Some, like the TMFCU restrict eligibility to their own members or their families, but many restrict to those in their service areas. Some are truly sweepstakes and the winners chosen at random; some require financial need or a competitive essay. Look for financial institutions that operate in your area, since they are the ones in which you have the best chance of qualifying, and try looking in December or January of the year, since most of them seem to crank up the first of the year. Look at the website of your financial institution, the ones in your area, and be on the lookout for credit unions in your area, too.
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