Eligibility
Now accepting scholarship applications for 2025!
- The application deadline was May 2, 2025, 5pm EST.
- The student applying must be the one completing the application and must be a primary member of Saco Valley Credit Union.
- Applicants must be planning to attend a 2 or 4-year college.
- One application per student per year allowed.
- Winners will be announced in June 2025.
Application
In addition to some basic information, the applicant must submit a written response to one of two prompts:
- Option 1: Tell us about a time when you did or didn’t do something that in turn, taught you an important life lesson about banking or finances, and explain how it impacted your life.
- Option 2: Tell us about a time when you volunteered and explain how that activity impacted your life and someone else’s.

Frequently Asked Questions
Do I have to be a member to be eligible for a scholarship?
Yes, you must be a member to be eligible for one of our scholarships
Can I pick up a paper application?
All applications must be submitted online. We will not be accepting paper applications this year.
To apply for the scholarship, does my child have to be a member if I am a member?
Yes, the student applicant must be a member of Saco Valley Credit Union to be eligible for one of the available scholarships.
See Scholarship Terms & Conditions here.
