Armco Credit Union
Scholarship Program 2023
Armco Credit Union is pleased to award $20,000 in scholarships in 2023. Scholarship amounts will be $1,000 per recipient.
Eligibility Requirements
- Student must be bound for full-time enrollment at an accredited college/university or trade school where additional expenses are accrued in Fall 2023.
- Be an incoming freshman student of the upcoming 2023-2024 class.
- Must have been an Armco Credit Union member, or have a parent or legal guardian who is a member, since Dec. 31, 2022.
- Be a member in good standing.
- Have a GPA of at least 3.0 (on a 4.0 scale)
Three Ways to Apply
To apply, please send an application, resume and transcripts through Fall 2022. Official transcripts from your school are not required. Submit your application package online, by mailing or dropping off at a branch location. Applications must be received by Tuesday, Feb. 28, 2023.
Email to scholarship@ArmcoCU.com. The application, resume and copy of transcripts must be attached to the same email.
Drop off complete application packet at any branch location.
Mail complete application packet to
Armco Credit Union
Scholarship Application Committee
P.O. Box 1589
Butler, PA 16003-1589
College Planning 101 Workshop
Attend our free College Planning Workshop and learn how to PLAN, PREPARE and PAY for college. The workshop will be offered on Tuesday, Jan. 31 at our Butler branch and Wednesday, Feb. 1 at our Mars branch.
Beaver Valley Chapter of Credit Unions Scholarships
Another scholarship is available through our affiliation with the Beaver Valley Chapter of Credit Unions. Five scholarships ranging from $500 to $1,500 will be awarded this year. This scholarship differs from the Armco Scholarships in two ways. 1. The program is open all undergraduate students enrolled in a technical school or college (freshman, sophomore, junior, senior). 2. The student must be a member of the credit union.
Armco Credit Union does not judge or administer this scholarship.
Tap the button to learn about additional eligibility requirements and to download an application.
Educational Resources
Armco CU invests in a variety of educational resources to assist students and their families. We invite members to utilize these free resources for free financial advice and guidance. This is another membership benefit of Armco CU.
Banzai – Read articles & use interactive coaches.
Filling out the FASFA Coach – Learn how to apply for federal student aid.
Student Loans – Armco CU student loans are designed to fill the funding gaps that may exist after all lower-cost sources of aid (including scholarships, grants, and federal direct subsidized and unsubsidized loans) have been exhausted.
eNEWS – Sign up for our monthly e-newsletter for announcements, specials, and links to financial resources.
History
2023 is the sixth year of the Armco Credit Union Scholarship program! Armco Credit Union has awarded nearly $100,000 in scholarships since its inception.
Promoting education and supporting the financial wellness of our members has long been a tradition at Armco Credit Union. The Armco CU Scholarship program began in 2018 to give back to our members and help students with rising educational costs. The scholarship amount has steadily increased from $5,000 in 2012 to $20,000 in 2023.
The Armco CU staff and Board of Directors continually fine-tune the program. They felt strongly that the application process should be simple and beneficial to the student. Therefore, the application is only one page and students submit a resume instead of writing a lengthy essay. Creating a resume provides real-life value to all students who apply and also provides fairness when scoring the application packets.
