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About Us

Scholarship Program

For nearly two decades, Arsenal’s prestigious scholarship program has offered local high school seniors the opportunity to earn financial assistance from their favorite credit union.

Each year, we award up to a total of $5,400 to deserving students in the St. Louis metro area who are planning to further their education at a college, trade or technical school. Generally, the top finishers receive $1,500 while the runners-up pocket $1,200.

Since 1997, we have distributed $69,850 to 76 exemplary young men and women. We feel these scholarships are a wise investment in the future – theirs and ours, for these individuals are the leaders of tomorrow. With the cost of a college education continuing to climb, our scholarships help lighten the financial burden ahead.

To view the most recent scholarship recipients, please click here.

 

Rules to Apply

Eligible students must have been a primary member of Arsenal for at least one full year prior to the application submission due date (typically Feb. 14 each year) and be on track to graduate from high school in the spring. Applicants will be judged on the following criteria:

  • School/community involvement
  • Cumulative grade point average and academic achievements
  • A formal written essay
  • Answers provided on official application
  • Three letters of recommendation

To ensure as much objectivity as possible, personal information on all applicants is whited out, including name, school, church/religion and city resided in, before packets are distributed to the judges for scoring. Applicants compete anonymously as “Student A,” “Student B,” etc. Scores are tallied among all the judges. For scholarship consideration, a minimum point total must be reached; the students with the highest totals are then awarded scholarships.

Winners are announced and presented with their scholarships at our annual meeting every April.

Members related to Arsenal employees have an opportunity to earn a scholarship from the credit union, and they are judged exactly the same as all other applicants. Only one scholarship, however, may be awarded each year to a family member (son/daughter, grandson/granddaughter, brother sister) of an employee.

We are currently not accepting applications for scholarships. Check back during the fall for more information about this program.

 

Past Recipients

Did you receive an Arsenal Credit Union scholarship? We’d love to hear how you’re doing! Log on to Facebook or Twitter, or send us an email, and tell us your story. How did an ACU scholarship benefit your pursuit of higher education, and what sort of career were you able to attain? Your comments could be selected and featured on our microsite, GetGruntledNOW.com, with your permission. 
 
To view a complete list of past scholarship recipients, click here.

 

 

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