Beaver Valley Chapter of Credit Unions Scholarships

Beaver Valley Chapter of Credit Unions Scholarships


Five scholarships ranging from $500 to $1,500 will be awarded by our trade association, the Beaver Valley Chapter of Credit Unions. Armco CU members enrolled at a two-year college, four-year college or an accredited technical/trade college starting in Fall 2024 are welcome to apply.

This program is separate from the Armco Scholarship program. Incoming freshman are welcome to apply for both scholarships. Sophomores, Juniors and Seniors are eligible for the Beaver Valley scholarships. Please note: to be eligible, the Beaver Valley program requires the student be a member of the credit union. This differs from the Armco scholarships that require the student or parent be a member. Armco does not administer this program or select winners.

Scholarship Requirements

  1. Applicant must be a member in good standing for at least 6 months at a credit union that is a member of the Beaver Valley Chapter of Credit Unions.
  2. Applicant must be a high school graduate as of July 1, 2024.
  3. Applicant must have a grade point average of at least 2.5 for the previous semester and it must be reflected on the official transcripts.
  4. Applicant must be pursuing an accredited two-year degree, four-year undergraduate degree or full-time job preparatory program at an accredited trade or technical school.
  5. Applicant must complete and submit a typed or printed Beaver Valley Chapter of Credit Unions scholarship application and the requested information on the application.
  6. Applicants may apply annually if they have not received a scholarship from the Beaver Valley Chapter of Credit Unions.
  7. Three $500 scholarships, one $1,000 scholarship and one $1,500 scholarship will be awarded annually and a panel of judges from outside the Chapter will select recipients.  Judges will base their decision on the neatness of information provided, the list and description of participation in activities, the statement of personal goals, the content of essay and the correct English usage.  In the event of a tie, the deciding factor will be the applicant’s community service participation.
  8. All applications and required information must be received by March 1, 2024 and sent to the following address only:

New Alliance Federal Credit Union
Attn:  Beaver Valley Chapter Scholarship Committee
835 Merchant Street
Ambridge, Pa  15003

9. Selected recipients will be notified no later than March 22, 2024 and will be invited to attend a meeting in Beaver County to receive their scholarships.

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.