2016 Scholarship Program

Any Member who is in good standing and currently enrolled as a high school senior or at an accredited college in his/her freshman through junior year is qualified to apply for our annual $1,000 scholarship.

 

Eligibility

  • The entrant must be a Member of LBS Financial Credit Union and in good standing prior to submitting a scholarship entry form.
  • Student must be enrolled as a high school senior or at an accredited college in his/her freshman-junior year at the time of application.
  • Scholarship funds must be used at an accredited educational institution by January 31, 2017 for tuition and text books only.
  • Employees of LBS Financial, volunteers and their immediate families are not eligible to participate.

 

Entry Requirements

  • Entrants must submit an official high school or college transcript.
  • Entrants must submit a letter of recommendation from a school official.
  • Entrants must submit a typed response to the two essay questions.
  • Entrants must complete and sign an official entry form.

 

Application Process
Eligible Members may request an official scholarship entry form by: clicking here to download a scholarship application or in person at any branch location.

 

Application deadline is Friday, April 8, 2016, end of business day (or postmarked by April 8, 2016)

 

Judging

  • Judging will be accomplished by a panel of impartial judges selected by the LBS Financial Credit Union Marketing Department.
  • Judging will be based upon both subjective criteria including essay and weighted objective criteria as well as academic performance, extracurricular and community activities, references and personal goals.
  • All entries must be postmarked no later than Friday, April 8, 2016. Entries must be sent to: LBS Financial Credit Union, Attn: Marketing Department, P.O. Box 4860, Long Beach, CA 90804.
  • Judging will conclude on Friday, May 6, 2016 and the scholarship winner will be notified by Friday, May 20, 2016.
  • All decisions of the Scholarship Review Committee are final.
  • All scholarship entries become the exclusive property of LBS Financial Credit Union.
     

Award Procedures

  • Winner must begin studies by January 31, 2017.
  • Scholarship funds will be paid directly to the recipient within one month of receiving proof of enrollment for the following academic school year at an accredited college.
  • Funds may only be used for tuition and text books.