Scholarship Application Guidelines Educational Scholarships offer financial assistance to credit union staff, management and officials who wish to further their credit union education. Scholarships are available for conferences and workshops offered by the League of Southeastern Credit Unions and the Credit Union National Association. Scholarships are also available for the SRCUS Management School. Applicant Eligibility Any credit union employee or volunteer of an affiliated credit union may apply for an educational scholarship. Not more than one scholarship will be awarded to any one individual each year. Applicants may apply for scholarships for different programs in different years. Individuals enrolled in a program requiring more than one year of study will be ineligible to receive a scholarship to that program for more than one year. Award Criteria Proven record of interest and dedication to a career in the credit union movement. Ability of credit union to pay should a scholarship not be granted; however, need will not be the sole criteria considered. Dedication of the credit union management and board to pay for the completion of an educational program which required more than one year of study during which only one year of scholarship funds may be granted. Use and Timing of Scholarships Scholarships will be used to pay tuition/registration fees and reasonable travel expenses directly related to a specific conference, workshop or school. Funds must be used within 90 days of approval date. Any funds not used during this period will no longer be available to the recipient. Should the recipient not be able to attend a program and need to cancel after the refund deadline, reimbursement for any penalty(s) incurred will be due to the Foundation.