Student Bursary Program
The CU Succeed Youth Bursary is open to resident Ontario post-secondary students in need of financial assistance for academic, technological, or vocational training. OCUF has awarded up to $100,000 in student bursaries in 2022, ranging from $1,000 to $3,000.
The bursary is awarded based primarily on two criteria – demonstrated financial need, and community involvement.
When reviewing the application, they consider the following:
• Applicants (or their parent) must belong to a credit union which is a member of Ontario Credit Union Foundation (listing here). To receive an award the award recipient must have a credit union account.
• Youth is defined as age 25 by June 30, of the application year. (Prior bursary recipients continuing their studies are eligible beyond age 25.)
• Programs of study may be academic, vocational, or technical at an accredited post-secondary institution in Canada or abroad.
• Available to those pursuing a college diploma, undergraduate degree, or red seal. [Support individuals seeking their first bachelor’s degree only.]
• Acceptable grades (65% or higher) are required.
• Applicants must be Ontario residents and Canadian Citizens or have Landed Immigrant status.
• Graduate and post graduate students are not eligible.
Awards range from $1,000 to $3,000. $100,000 was allocated for 2022.
Applications are now closed for 2022. They will open again April 30, 2023.
For more complete details about the CU Succeed Youth Bursary and how students can apply please visit: https://ocuf.org/bursary/
For information about KCCU’s Fee Free Student Accounts: https://kccu.ca/content/going-school-0
In 2021, $75,000 was awarded to 69 youth from 28 Ontario credit unions including Katherine and Reuben from Kingston Community Credit Union!
In 2020, $75,000 was awarded to 67 youth from 20 Ontario credit unions including Dominic from Kingston Community Credit Union.