Scholarships

The Ukrainian Federal Credit Union ("UFCU") is committed to supporting UFCU student-members educational aspirations with annual scholarship awards.

 

NYCUA & UFCU Scholarship Program

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Deadline to submit an application: Friday, January 17, 2025

Winners will be announced in late April/early May 2025.

 

An important note to applicants

The Ukrainian Federal Credit Union (“UFCU”) is offering its scholarship program in collaboration with the New York Credit Union Association (“NYCUA”). In past years these programs were offered separately and required two different applications. However, student-members will submit one application through a secure digital platform for the chance to win up to two scholarship awards (if eligible):

  1. NYCUA scholarship award (current high school seniors ONLY); and
  2. UFCU scholarship award (current high school seniors OR current college freshmen, sophomores, or juniors). NYCUA scholarship applicants who wish to also be considered for the UFCU scholarship award will need to meet additional eligibility requirements and complete an online survey as detailed below on this web page. A credit union verification code is required as part of the application. UFCU student-members (not parent or grandparent) will need to contact UFCU, verify membership, and retrieve a code.

 

Eligibility for NYCUA Scholarship Program

  • The applicant must be a member in good standing at UFCU who meets all of the following criteria:
    • Is a college-bound high school senior at the time of submitting the application
    • Is attending college for the first time in the fall of 2025
    • Will be enrolled in a two- or four-year accredited educational institution or trade school
    • Agrees to use any scholarship funds awarded by January 31, 2026, at an accredited educational institution only

 

Eligibility for UFCU Scholarship Program

  • High school senior planning to attend an accredited institution in the fall of 2025 OR current undergraduate student attending a post-secondary, accredited institution. Students graduating college in the spring or summer of 2025 are not eligible.
    • College freshmen, sophomores, or juniors must submit a college transcript in addition to a high school transcript.
  • UFCU member in good standing and:
    • have a UFCU Primary Shares (Savings) account that was opened on or before Thursday, January 16, 2024;
    • have a UFCU Share Draft (Checking) account and UFCU Debit Card opened before Friday, January 17, 2025. In lieu of Debit Card student-member may sync their account with a mobile wallet provider (Apple Pay, Samsung Pay, etc.);
    • are signed up to receive eStatements.
  • Completed and submitted the 2025 NYCUA application and online Focus Group Survey by Friday, January 17, 2025: Scholarship Survey 2025
  • Minimum overall cumulative grade point average (GPA): 85 (high school senior) 3.0 out of 4.0 (college).
  • Involved in service to community.
  • Previous UFCU scholarship winners are not eligible.

 

Winners will be announced in late April/early May 2025.

 

CLICK HERE TO DOWNLOAD APPLICATION

CLICK HERE TO UPLOAD YOUR COMPLETED APPLICATION

 

If you have any trouble submitting your application, please contact Taetum Crooker via email at Taetum.Crooker@nycua.org or by phone at (800) 342-9835 ext. 8292.

 

Want to talk with someone at UFCU about the scholarship program? Send an email to scholarshipcommittee@ukrainianfcu.org or call (585) 360-1752.

 

Frequently Asked Questions

I won a UFCU scholarship in the past. Can I apply and win again?

No, previous UFCU scholarship winners are not eligible.

When will applicants be notified?

Winners will be announced in late April/early May 2025.

How much money might an applicant win?

The NYCUA scholarship program (for eligible high school seniors going to college next year) has paid out anywhere from $500 to $1500 per winner: https://nycua.org/more/scholarship-program.

The UFCU scholarship program (for eligible high school seniors going to college next year or current college freshmen, sophomores, or juniors) in recent years has paid out anywhere from $500 to $1000 per winner. Amounts vary depending on quality of application and overall assessment of student-member as well as availability of funds.

How will awards be paid out?
  • The New York Credit Union Association (NYCUA) awards scholarships to be paid jointly to the student and educational institution. There will be no exceptions. The Funds may be used towards tuition, room and board, books, school supplies, etc.
  • The Ukrainian Federal Credit Union (UFCU) awards scholarships for tuition, room, board and books. Award checks will be made payable to the student.
What if an applicant doesn't live in New York?

That’s OK! UFCU members residing in any U.S. state may still be eligible for either program. Please carefully review ALL eligibility requirements in the application and on this web page.

An applicant is not a UFCU member, but Mom and/or Dad is. Is the applicant eligible to win?

No, the applicant does not meet the minimum eligibility requirements if the applicant is not a UFCU member.

What do I write in the 'Nominee' and 'Nominated By' section?

Student-members will need to input their name and email address for both sections. Unfortunately, these are sections that cannot eliminated from the submission page. Please disregard the section that is asking for the reasons for nomination.

How do I know if my application was successfully submitted?

“Nomination successfully saved” will appear

NYCUA Rochester Chapter Scholarship Program

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COMING SOON!

An important note to applicants

The Ukrainian Federal Credit Union (“UFCU”) is advertising this scholarship program as a benefit of UFCU membership, and so our student-members are aware of an additional scholarship award opportunity. This scholarship program is independent of others advertised by Ukrainian FCU, and requires student-members to submit a separate application. Please carefully review the details below before completing and submitting an application.

Frequently Asked Questions

I applied for the NYCUA & UFCU Scholarship Program. Can I apply for this one too?

If you are a high school senior for the 2023/2024 school year with plans to attend an accredited college or university for the 2024/2025 school year, and a UFCU member in good standing, then yes.

Do I have to live in the Rochester area to be eligible?

No, but you must be a UFCU member in good standing.

Is a credit union verification code required?

No. Please carefully review all of the instructions within the application.

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