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Scholarships and Grants
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Who is eligible
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How to apply
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Allowable Uses
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How is it paid?
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$1,000
Educational scholarship
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Credit union staff of any SAS under $35 million
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Directly on MCUL Education event registration form
CUNA – on CUNA registration form with copy to MCUF
CUES – directly to MCUF with letter or email
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MCUL Educational Events
CUNA Educational Program Registration Fees
CUES Educational Events, registration fees
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Directly to MCUL by MCUF
Bills for other educational activities will be paid first by the credit union. The bill and paid receipt is sent to MCUF for reimbursement.
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$500 educational scholarship available with MCUF Board approval for credit unions facing hardship with Board notification of action taken
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Larger credit unions applying for scholarships must be approved by MCUF Trustees
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CUNA Management School – Scholarship
Supported by: Ebaugh-Lesniki Memorial Fund
Vanderveen Memorial Fund
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1st, 2nd and 3rd year students who have 2 years of full time credit union service (no credit union asset restrictions)
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Separate application – comes with mailing to CEO about CUNA Management School
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Reimbursement for CUNA Management School Tuition
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Bills for CUNA Management school are paid by the participant. The bill and paid receipt are sent to MCUL for reimbursement.
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$2,000 Operational Grants
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Credit unions $35 million in assets and under.
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Letter of request or e-mail to MCUF Executive Director
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Operation-related expenses such as upgrades in technology-based products and office equipment.
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Approved activity paid upon receipt of request for reimbursement by MCUF
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$2,000 Community Reinvestment Initiative Grants
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Any credit union
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Complete online CRI Grant application must be submitted for MCUF Trustee approval
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Any community-based activity which provides for outreach and engagement and involves serving the community with an emphasis on financial education efforts
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Directly to the credit union upon receipt of billing for CRI related expenses
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Regulatory Affairs
