FRFCU’s Scholarship Program

About Us

Mission Statement

Board of Directors

FRFCU Foundation


Financial Forum


The 2022 Scholarship Application is now available!

The Financial Resources Foundation Scholarship program is a monetary award to be paid jointly to the winning student(s) and the student’s chosen accredited educational institution.

The Foundation will award up to three $1,000 Scholarships:

  • Lena Matthews Annual Scholarship to honor community service and dedication
  • General Member Scholarship
  • Champion Family Scholarship

Deadline: All applications must be submitted by Monday, April 18, 2022.


The applicant, parent(s) or guardian must be a member in good standing with Financial Resources Federal Credit Union and the applicant must be enrolled as a high school senior at the time the application is submitted. The Scholarship funds must be used for tuition or textbooks and only at an accredited educational institution (2- or 4-year college, university or technical school).

The scholarship contest is not open to associates or directors of Financial Resources or their immediate family members (parents, spouses, siblings and/or children).

Application Process

Applicants must complete the entire scholarship application. A student may submit only one application.

The signed application must be submitted with the following:

  • An official high school transcript. Transcript must be NON-WEIGHTED on a 4.0 scale.
  • An SAT/ACT transcript provided through the student’s school guidance office. Students who are not required to take either the SAT or ACT do not need to provide any test paperwork and the absence of their scores will not count against them in the scholarship consideration process.
  • The completed Teacher Reference portion of the application. It must be completed by one of the applicant’s teachers and returned in a sealed, signed envelope.

The Judging Process

Judging will be based on academic performance, community service/involvement, teacher reference, and personal goals.

Deadline: All applications must be submitted by Monday, April 18, 2022.

Our proud 2021 Scholarship Recipients are:

Layanga Dona- Champion Family Scholarship

Julia Labita- General Scholarship

Cameron Coyle- Lena Matthews Scholarship