Armco Credit Union
2024 Scholarship Program
Armco Credit Union is pleased to award $20,000 in scholarships in 2024. Scholarship amounts will be $1,000 per recipient.
We are not yet accepting applications. The application will be available to download from this page in January. However, we have provided a resume template below so students can begin working on a resume now. Application deadline is February 29, 2024. Check back to this page in January for instructions on how to apply.
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 2024.
- Be an incoming freshman student of the upcoming 2024-2025 class.
- Must have been an Armco Credit Union member, or have a parent or legal guardian who is a member, since Dec. 31, 2023.
- Be a member in good standing.
- Have a GPA of at least 3.0 (on a 4.0 scale)
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 to 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.
Check back in January for 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
2024 is the seventh year of the Armco Credit Union Scholarship program! Armco Credit Union has awarded over $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 2024.
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.
