Scholarship Program

scholarship program

Our credit union participates in the New York Credit Union Association scholarship program awarding the top three candidates as scored by the New York Credit Union Association.

Eligibility

The applicant must be a member in good standing of Olean Area Federal Credit Union who meets all of the following criteria:

  • The member is a college-bound high school senior at the time of application.
  • The member is attending college for the first time.
  • The member will be enrolled in either a two- or four-year accredited educational institution.
  • The member agrees to use any scholarship funds awarded by January 31st of the year following the award year, at an accredited educational institution only.

Application Process

1.  Complete and save the scholarship application form available below. Please use only the space provided on the form to answer the questions. Other than where specified on the application form, no attachments, resumes, pictures or other materials of any kind should be submitted or used to answer the questions.

2.  You and your parent or guardian must sign the Certification and Release Authorization on the back page of the application form.

3.  You must obtain a credit union verification code from your credit union in order to verify eligibility. Please call us at 716-372-6607 to obtain the verification code.

4.  Submit your application online at: https://www.nycua.org/more/scholarship-program/2-uncategorised/1335-college-scholarship-program-applicants by January 8, 2021, along with:

  • a high school transcript documenting your GPA for grades 9-11;
  • an SAT/PSAT/ACT transcript (not required for 2021 applicants) ; and
  • an essay response.

Please save and upload the documents as three separate files:

  1. Scholarship Application
  2. High School Transcript and SAT/PSAT/ACT scores (SAT/ACT scores not required for 2021 applicants)
  3. Essay

If any portion is incomplete or not included, the application will not be considered. 

If you have questions regarding the application process, please contact Abbey Bowser at 716-372-6607 ext. 119.

Selection Process

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

Application

2021 Memo to Applicants

2021 Fillable Application.