Scholarship | Peoples Energy Credit Union

Purpose

This scholarship program benefits Credit Union members by helping to provide their children an opportunity to continue their education at an accredited college or university. The Credit Union believes that through encouragement and financial assistance, these deserving students will make a significant contribution to our community.

Awards

Scholarship award recipients will receive a one-time, non-renewable $2,500 grant toward full-time study at an accredited United States college or university
Up to two scholarships will be awarded each year to applicants selected on a competitive basis
The scholarship is based on the merits of the student rather than financial need

Student Entry Requirements

To participate in the Peoples Energy Credit Union College Scholarship Program, an applicant must:

be the dependent child of a current member of the Peoples Energy Credit Union;
graduate from high school in 2024;
have been accepted at an accredited college; and
enter college by the fall of 2024.

Children of employees or directors of the Credit Union will not be considered.

How to Apply

To be considered for a Peoples Energy Credit Union scholarship, applicants must:

Complete Part I of the official application form;
Obtain one (1) letter of recommendation from someone such as a high school teacher or official, religious leader or employer. Must not be a family member;
Give Part II of the application form and all required attachments to his / her high school guidance counselor, who must then complete Part II, sign and submit, along with an official copy of his / her high school transcript.

Deadline

Applications must be received no later than May 10, 2024. Questions can be directed to the Credit Union at 312-240-4970.

Selection

Award recipients are determined by high school academic records, extracurricular activities, recommendations, test scores, and written expression.
All winners will be chosen based on their abilities, skills, and accomplishments–without regard to gender, race, ethnic origin, or religious preference.

Notification

Recipients will be notified by late May. Scholarship awards will be sent directly to the winner's college or university to be applied directly to school costs, such as tuition or room and board.

Part I: Applicant Information

Parent/Credit Union Member *
Account Number *
Student/Applicant *
Relationship to Member *
Address *
City *
State *
Zip Code *
Phone *
Email *
Date of Birth *

School Information

High School Name *
Address *
City *
State *
Zip Code *
Principal *
Graduation Date *
College Planning to Attend (if not yet determined list those that you have been accepted to) *
Intended Major Course of Study *
ACT Score
Date Taken
SAT Score
Date Taken
Describe any special recognitions, honors or awards that you have received for your schoolwork
Describe any high school clubs; organizations or extracurricular activities that you have been involved in (specify years of involvement, positions held and average hours per week)
Describe any volunteer work, church or community service activities that you have been involved in (specify years of involvement and average hours per week)
Describe any job or work activities that you have had during the past four years (also list employer)

Essay Questions

Attach a 150 to 300 word essay in response to each of the following statements:

I believe that I should be awarded this scholarship for the following reasons *
My educational objectives and long term goals, and reasons for selecting them are: *

Letter of Recommendation

Attach one (1) letter of recommendation, submitted on letterhead and signed, from a person of responsibility *

Part II: Guidance Counselor/Dean Information

Give Part II of the application form and all required attachments to your high school guidance counselor, who must then complete Part II, sign and submit, along with an official copy of your high school transcript.

By submitting this application, I attest that all information is accurate and complete. I authorize the release of any information regarding my eligibility for this scholarship and, if requested, I agree to supply additional support for any items requested from the Scholarship Committee within one week of request. If such support is not provided, I agree that my application will be withdrawn.

Online Banking

2024 College Scholarship Program