IFCU 2024 Financial Education Scholarship Application
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Welcome to Industrial Federal Credit Union's Banzai Financial Education Scholarship Giveaway

Get rewarded for learning about important topics like budgeting, credit cards, and more. IFCU is awarding $10,000 in scholarships! Complete the Banzai curriculum through your classroom teacher or the Banzai Teen program with a post-test score of 85% or higher and submit the application to be selected to earn a scholarship up to $5,000! Scholarships amounts will be awarded based on length of membership. $500 per year of membership. Funds to be used for your 2- or 4-year US college education.

Our two 2023 winners each recieved a $5,000 scholarship! 

Eligibility

To be eligible to apply, the applicant must meet ALL of the following criteria:

  • Complete the Banzai financial education modules (through their classroom/teacher or the online Banzai Teen program) between 2/1/24 and 4/30/24
  • Complete the Post-Test with a score of 85% or higher
  • Applicant must be a primary member of Industrial Federal Credit Union, or become a member prior to submitting application
  • Applicant must be accepted to an accredited undergraduate program at a college, trade school, or university (minimum 12-credit semester or full-time equivalent)
  • Studies must begin in the fall semester of 2024
  • Graduating high school seniors with a cumulative GPA of 2.75 or higher on a 4.0 scale
  • Immediate family members of Industrial Federal Credit Union employees and Board members are not eligible


Entry Requirements

All applicants must submit the following by the April 30 deadline:

  • Complete Industrial Federal Credit Union's scholarship application form, including submitting requested supporting documents – Applications must be submitted online
  • Supporting Documents:
    • A high school transcript showing cumulative GPA of 2.75 or higher
    • A copy of your college, trade school or university acceptance letter. If college, trade school or university is not determined at the time the application is due, the applicant must send all potential college, trade school or university acceptance letters and notify IFCU as soon as school is selected
    • At least one letter of recommendation (maximum of two) from a teacher or mentor
    • Certificate of completion of Banzai Teen Course