Now Accepting

2022 Scholarship Applications

 

 Armco CU is pleased to award $20,000 in scholarships in 2022.  Scholarship amounts will be $1,000 per recipient.

Eligibility Requirements:

  1. Student must be bound for full-time enrollment at an accredited college/university or trade school where additional expenses are accrued in Fall 2022.
  2. Be an incoming freshman student of the upcoming 2022-2023 class.
  3. Must have been an Armco Credit Union member, or have a parent or legal guardian who is a member, since December 31, 2021.
  4. Be a member in good standing.
  5. Have a GPA of at least 3.0 (on a 4.0 scale)

To apply, please click the link below to download the application. We recognize that not every student has a resume, so we have provided a sample resume and a resume template for your convenience.

You will also need to submit a copy of your transcripts. Do not have your school send us an official transcript.

Three ways to apply!

1. Email to scholarship@armcocu.com. The application, resume and copy of transcripts must be attached to the same email. Deadline for emailed application packets: Monday, Feb. 28, 2022.

2. Drop off complete application packet at any branch location by Friday, Feb. 25, 2022.

3. Mail complete application packet to:
Armco Credit Union
Scholarship Application Committee
P.O. Box 1589
Butler, PA 16003-1589
Must be postmarked by Friday, Feb. 25, 2022

Scholarship recipients announced in May 2022.

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.

Edmit – College planning website. Learn the value of your colleges you apply to and how to pay for it.
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

2022 is the 5th Anniversary of the Armco CU Scholarship program!  The credit union has awarded $72,000 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 $22,000 in 2022.

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 now only one page and students submit a resume instead of writing a lengthy essay. A resume provides real-life value to all students who apply and also provides fairness when scoring the application packets.