Scholarships FAQs

Yes, to apply, students must be members of Virginia Credit Union who joined by February 28, 2025. 

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 or our Member One division on or before February 28, 2025.

To be eligible, you must have your own membership account. Consider joining now and applying for the scholarship program before the February 28 deadline.

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

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

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

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

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.

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

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

Apply from our Scholarships Page.