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SLFCU Scholarship Competition

Our 2020 SLFCU Scholarship Competition is now closed. Please return to this page on/after April 1, 2021, for information about our 2021 competition.

SLFCU members attending college in 2020 – 2021 are invited to enter our annual essay scholarship competition with 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.


The first-place winner will receive 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, 2020. Winners will also be featured in the September Dollars & Sense newsletter. Tax liability on prize monies is the responsibility of the recipient.


The 2020 SLFCU Scholarship Competition is open to SLFCU members in good standing* who:

  • Will be new or returning full-time students in the 2020 – 2021 academic year to a bachelor's or master's 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 not employees or volunteers of SLFCU

Winners of previous SLFCU scholarship competitions are eligible to apply.


  • An original essay addressing the topic "Do you believe people should choose a career based on the potential salary, or because they are passionate about the work? Why?" Your essay must be no more than 500 words in length, double-spaced, and in PDF format.
  • 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 reference 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, May 31, 2020.

  • 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 filename. Example: Essay.pdf 
  • Enter your reference's email address in the designated section of your application. He or she will receive an email from our vendor, Submittable, with a link to upload their letter in PDF format. Request the person writing your reference letter include your full name on their document. They must upload their letter by 11:59 p.m. on May 31, 2020. Note: most schools and businesses filter incoming emails. Emails from our vendor, Submittable, might be sent to a spam folder or potentially rejected altogether. It is the applicant's responsibility to ensure the letter is submitted.

 Manage your application

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


SLFCU seeks 30 volunteer judges to help select winning entries for the 2020 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 2019 may use the same Submittable account username and password when applying this year.

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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