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SLFCU Scholarship Competition


SLFCU members attending college in 2022 – 2023 are invited to enter our annual essay Scholarship Competition, which has a top award of $4,000. Applicants must be new or returning students with a minimum 2.5 GPA who will attend a full-time bachelor’s or master’s program at an accredited institution. Previous winners are welcome to enter. SLFCU will only consider completed applications that are received by the deadline: 11:59 p.m. MT, Tuesday, May 31, 2022.

SLFCU also seeks 30 members who can volunteer to help choose our winners. Learn more and sign up.


The first-place winner will be awarded a $4,000 scholarship for their education expenses. The number of entries and judging results will determine the number and dollar amounts of additional awards. Winners will be notified in August and will be publicly listed on on September 1, 2022. Winners will also be featured in the September Dollars & Sense newsletter. Tax liability on prize monies is the responsibility of the recipient. 

SLFCU strives to remain transparent and open with members about Scholarship Competition our processes and how winners are selected. Learn more at


The 2022 SLFCU Scholarship Competition is open to SLFCU and ACU, a Division of SLFCU members in good standing* who:

  • Will be new or returning full-time students in the 2022 – 2023 academic year to a bachelor's or master's degree program at an accredited institution (Note: Associate and doctoral degree candidates are not eligible to participate in SLFCU's Scholarship Competition)
  • Are the primary account holder of an SLFCU savings account (not a beneficiary of a custodial account)
  • Are U.S. citizens or legal permanent residents of the United States
  • Are winners of previous SLFCU Scholarship Competitions
  • Are not employees or volunteers of SLFCU
  • Are not related to current SLFCU employees or board members

*Good standing is defined as a member who has not been denied services or is in arrears with the Credit Union.


  • An original essay addressing the topic “What is the best or worst thing you’ve ever spent your own money on, and what lesson did you learn from that experience?” Your essay must be no more than 500 words in length, double-spaced, and in PDF format. Essays over 500 words will be disqualified.
  • A PDF copy of your latest grade transcript showing a current cumulative grade point average (high school or college) of at least 2.5, along with your name and school
  • A concise resume in PDF format that lists your academic honors, sports, extracurricular activities, accomplishments, volunteer activities, and work experience (as applicable)
  • One (1) letter of recommendation provided by an adult (teacher, counselor, coach, employer, etc.) to whom you are not related


SLFCU will only consider completed applications that are received by the deadline: 11:59 p.m. MT, Tuesday, May 31, 2022.

  • Click START OR MANAGE YOUR APPLICATION below to start or resume work on your application.
  • Save and upload all documents (essay, grade transcript, resume) as PDFs. Please do not include your name within the essay's content or the document's file name. Example: Essay.pdf 
  • Enter your reference's email address in the designated section of your application. They will receive an email from our vendor, Submittable, with a link to upload their letter in PDF format. Request that the person writing your letter of recommendation includes your full name on their document. They must upload their letter by 11:59 p.m. on Tuesday, May 31, 2022. Note: most schools and businesses filter incoming emails. Emails from our vendor might be sent to a spam folder or potentially rejected altogether. It is the applicant's responsibility to ensure the letter of recommendation is submitted by the person writing the letter of recommendation.




SLFCU seeks 30 volunteer judges to help select winning entries for the 2022 Scholarship Competition. Judges will score student essays through a secure online process. If you are an SLFCU member at least 18 years of age and are not related to any of the applicants, we invite you to volunteer to help choose our winners. Judges who applied in 2021 may use the same Submittable account username and password when applying this year.

Essay judging dates:

  • Round 1: June 13 - 27, 2022
  • Round 2: July 5 - 22, 2022

Essay judging criteria:

  • How well the essay addresses the topic
  • Writing mechanics: spelling, grammar, punctuation, format, etc.
  • Thought organization, clarity, and logical flow
  • Originality

 Volunteer to be a judge

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