Scholarships & Grants
FCU provides more than just great rates and cutting edge services to our members. We also assist in other ways to help support our members and grow healthy communities.
Frankenmuth Credit Union (FCU) will award seven scholarships annually to seven seniors that are graduating from High School in the present year of applying with a grade point of 2.50 or higher. The applicant must be a member of FCU and if not a present member, he or she may join at the time of applying if the applicant meets FCU’s current field of membership requirements. Applications will be available in early January at any FCU office or online and are due by March 1st.
The selection will be based on achievements in two areas:
- Extra-curricular activities – the participation in organizations, sports and activities in the school, community, church and other areas of service.
- Written essay – the submission of an essay in the 500 to 750 word range on a topic chosen annually by the FCU Management Team. The essay will be judged on content, originality and appearance. Each year's application will feature a unique assigned topic.
All Frankenmuth Credit Union scholarship awards are contingent on the recipients attending an accredited institution or trade school of higher learning as a full time student during the next and following four years. The amount of $500 will be awarded at the beginning of each academic year for four years. The recipients must remain in school and maintain an average grade point of 2.50 or better in order to continue receiving the yearly installments. For winners to receive following year installment they can contact us. We will need a copy of your grades from the prior year and a copy of your transcripts for the following year. A graduating senior is eligible to win only one Frankenmuth Credit Union scholarship.
Mini Grants for Teachers
Budgets are cut tighter and tighter for schools, which sometimes means that teachers are having to take from their own pockets to buy essentials for their classrooms. Frankenmuth Credit Union's Teacher Mini Grant program is just another way FCU is helping teachers provide the best educational experience for our students that they can. Applications come out in February of each year and are due back to anyone of the Frankenmuth Credit Union office's by April 1st.
Grants for 4H Livestock Participants at County Fairs
In the past, FCU would support our young members that participate in the county fairs by bidding on animals during the 4H livestock auctions. We found by doing this we were only able to help a handful of our youth. We wanted to be able to do something for all our FCU members that participate in the program. With FCU's 4H grants, youth that participate in the 4H livestock auctions at the local county fairs have the opportunity to receive some seed funds to help pay for the purchase and/or raising of their livestock for the auction. Applications are due every year by May 1st. Click here for an application.
Frankenmuth Credit Union Foundation for Our Communities was started to help make a positive impact in the communities we serve. Since it's inception in 2014, it has done just that. We are helping schools, police, fire departments and other community groups to enrich our communities for the benefit of us all. Please go to our foundation page for more information.
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