Business LoansAccounts Style 02Car LoansCareersCheckingCredit CardsDigital BankingAccounts Style 01Home Equity LoansInsuranceInvestingMembershipMortgagePersonal LoansRV, Boat, Motorcycle LoansSavings
Skip to main content
Back to Scholarships

Scholarships FAQs

Do I have to be a VACU member to apply for the scholarship?

Yes, to apply, students must be members of Virginia Credit Union who joined by March 1, 2024. 

What are the requirements to apply?

You’re eligible if you have a 2.5 GPA or higher, are enrolled in an accredited college or university for the coming academic year, and have been a member of VACU on or before March 1st, 2024. For the 2024-2025 academic year, our application is now open.

If my parent is a member and I'm a joint owner on their account, am I eligible to apply for the Virginia Credit Union scholarship program?

To be eligible, you must have your own membership account. Consider joining now and apply for the scholarship program before the March 1 deadline.

I'm a graduate student. Am I eligible for a Virginia Credit Union scholarship?

The scholarship program was established to help student members working toward their first degree, so only undergraduate students are eligible to apply.

Is there an age limit for Virginia Credit Union Scholarship applicants?

No, there are no age restrictions for applicants. Virginia Credit Union members who are pursuing their first undergraduate degree may apply.

How many credit hours per semester do I need to take to qualify for a Virginia Credit Union scholarship?

You must be taking or planning to take at least nine (9) semester hours in an accredited college or university.

As a previous Dorothy J. Hall Scholarship recipient, am I eligible to apply for the Virginia Credit Union scholarship?

The Virginia Credit Union scholarship program is a one-time award and previous recipients are not eligible.

I belong to another credit union, but not Virginia Credit Union. Are there other credit union scholarships for which I may qualify?

If you're a high school senior, you may want to check with your own credit union or look into the Richmond Chapter of Credit Unions Scholarship.

You may be eligible to join Virginia Credit Union.

If you're not yet a member, consider joining now so you'll be eligible to apply for the Virginia Credit Union scholarship program in the future.

Are the children of Virginia Credit Union employees, Board members or official credit union volunteers eligible for the scholarship?

No, sorry. VACU employees, directors, committee members, other official credit union volunteers and their family members are not eligible.

Can previous winners of the scholarship apply again?

Previous scholarship recipients are not eligible to receive the scholarship a second time.

Ready to apply for our 2024 VACU Scholarship Program?

Apply from our Scholarships Page.

Did you find the answer you were looking for?