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GUIDELINES FOR SCHOLARSHIP APPLICANTS

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Each year Pioneer West Virginia Federal Credit Union (hereinafter “PWVFCU”) extends an invitation to high school seniors and college students to enter for a chance to win a $1,000 scholarship toward school tuition.  PWVFCU offers $5,000 worth of scholarship monies; therefore, only five (5) applicants will successfully complete the process and win the available monies.

Eligibility Requirements

Each applicant and/or their parent or legal guardian must be a member in good standing at PWVFCU.

  1. Applicant must be a graduating high school senior, or a college student (rising freshman, sophomore, junior, or senior) at a college or university for the ensuing school year.
  2. Applicant must have a minimum 2.75 cumulative grade point average on a 4.00 scale.
  3. PWVFCU employees, directors, and their immediate family members are not eligible.
  4. Each applicant must complete an application form, write an essay, and submit a transcript of their grades either from the high school from which the student is graduating, or the college of which the student is currently attending. Incomplete applications will be disqualified.
  5. Each applicant is required to have a minimum of one Letter of Reference. An applicant may submit more than one, if desired.
  6. An applicant cannot win more than two consecutive scholarships.

Information Submission

A panel consisting of 3-4 Board Members will be selected to serve as judges to review/score the following information submitted by the applicants:  application, essay, work experience, community service, volunteer work, extra-curricular activities, letter of reference, and transcript of grades.

Application.  All required areas of the application must be completed. Important parts of the application which will be given weight are work experience, community service, and extra-curricular activities.  A minimum of (ONE) Letter of Reference is required on behalf of the student.

Essay. Students selected as the five finalists are chosen for a variety of reasons.  Typically, their essay submissions excel in the following writing components: 

  1. Original voice
  2. Unique style
  3. Understanding of PWVFCU
  4. Fresh point of view
  5. Creativity
  6. Descriptive language
  7. Good diction
  8. Interesting ideas
  9. Valuable content and/or research incorporated into the essay
  10. Clear Presentation of the topic
  11. Peer impact
  12. Spelling/Grammar/Mechanics/Word count
  13. Strong writing and analysis skills

Transcript of Grades. An official high school or college transcript for the most recently completed semester showing the total cumulative GPA.  The transcript will be carefully reviewed in order to determine the Grade Point Average (GPA) of the applicant, and the types of courses taken.

The scholarship winners are determined in a meeting of the panel of judges, at which time the panel discusses the various merits, argues for and against varies entries, and selects, amongst themselves, the fine finalist entries.  The decision of the judges is final.  The winners’ names are written down during the judges meeting and given to the Scholarship Director, who, in turn, will contact each of the named finalists

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Deadline:

All required information must be received by PWVFCU by the close of business on the April 1st, 2019.  Scholarship applications will not be considered unless all required information is received by the deadline.   

Scholarship Award Process:

Shannon Bradley will contact each of the winning Scholarship recipients by phone on the first Monday of May each year and give them the date of PWVFCU’s Annual Meeting.  This will give the student time to make arrangements to be at Annual Meeting to receive their award. 

Please Note:  Due to the increasing amount of applications the credit union receives, only scholarship recipients will receive a phone call.

The scholarships are awarded as a one-time disbursement (non-transferrable) to each recipient.  Funds are paid by PWVFCU’s Scholarship Fund directly to the school of the recipient’s choice upon evidence of full time enrollment.

Questions:

If a student has any questions, they may contact Shannon Bradley at (304) 340-7030 or by email:  sbradley@pioneerwv.org.

 

 

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