College Scholarship

The Award
The People’s Memorial College Scholarship wants to support first-time college students with their career path by offering a monetary incentive to cover qualified college expenses such as Partial Tuition, School Books, School Equipment and Relocation Expenses. The People’s Memorial College Scholarship awards two prizes in the amounts of $750 for the first place and $500 for the second place. This scholarship application is open to members and non-members of LES People’s FCU.

Eligibility – The applicant:
• Must be a college-bound high school senior,
• Must be attending college for the first time on the fall of 2018,
• Must be enrolled in either a two- or four-year accredited educational institution,
• Agrees to open a savings account at LES People’s FCU if he/she wins the scholarship,
• Agrees to use the awarded funds before January 31, 2019 at an accredited educational institution only.

Application Process
The applicant can submit only one application.
❏ 1. Complete the Scholarship application.
❏ 2. The completed application must be submitted with:
❏ a high school transcript documenting student’s GPA for grades 9–11;
❏ a typed essay response; and
❏ an SAT/PSAT/ACT transcript (obtained through the high school guidance office);
❏ 3. The applicant and his/her parent or guardian must sign the Certification and Release Authorization on the last page of the application form.
❏ 4. The application, transcripts and essay must be submitted to the credit union by Friday, March 30, 2018 at 4pm. If any portion is incomplete or missing, the application will not be considered.

Selection Process
Judging will be based on both subjective criteria and weighted, objective criteria. These include academic achievements, extracurricular and community activities, essay, etc.

Receiving Award
Awards will be deposited into the winners’ accounts at LES People’s FCU after verifying eligible expenses. Awards ceremony will take place at the 2018 LES People’s FCU Annual Meeting in the spring. Winners are expected to attend.

Application Deadline
Applications must be returned to the credit union no later than March 30, 2018 at 4pm. Completed applications can also be submitted via email to with subject line SCHOLARSHIP 2018.

For more information about the scholarship program, contact Alicia Portada at 212-529-8197 ext. 116 or

Download Application Here

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