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Looking For Scholarships? Don’t Forget Credit Unions!

Credit Unions are probably the most helpful financial institutions known to mankind. They provide all the same services found in the more traditional bank settings but since they are owned and operated by the community members in which they serve, they bring a more comforting element to the table.

As you move forward in the college search process and start looking for outside scholarships, you will definitely want to drop a line to your local credit union to see if they have anything available. You may be surprised.

KEMBA Financial Credit Union located in Columbus, Ohio is celebrating their 21st year of providing college scholarships to their members. This year they are giving away $2,000 to one lucky member.

Here are the details regarding eligibility:

  • You have to be a member of the credit union (which is easily accomplished by any of the following)
    • Live, work, or worship in Franklin, Delaware, Logan, Madison, Sylvania Counties in Ohio
    • Be employed by a participating KEMBA partner company
    • Have a family member that is already a member
    • Become a member of Angie’s List Association, Ohio Nurse’s Association, or Columbus Board of Realtors
  • Be at least a High School Senior
  • Be enrolled or planning to attend an accredited college/university
  • Going full-time (at least two courses)

If you meet the above criteria, you can download an application from KEMBA here

The deadline is February 1st. Good Luck!

If you need additional assistance with finding outside scholarships, please be sure to check out CheapScholar’s Scholarship Resource Page.

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One Response to “Looking For Scholarships? Don’t Forget Credit Unions!”

  1. Jeff says:

    Credit Unions are an excellent source for scholarships. Amounts, deadlines and eligibility requirements can vary by each Credit Union, so learn the details before applying. Most credit unions are locally based and are focused on community support and involvement. Obee Credit Union,, is based out of Tumwater WA and has local branches that serve the nearby cities and community. Obee offers scholarships to both graduating high school students and also enrolled college students. Visit to find out more.