Students were assessed by a review panel scoring across four categories: community involvement, personal circumstances, letters of reference, and quality of their compelling essay. They were ranked numerically with higher scoring candidates receiving bursaries of $2,500, and other applicants receiving amounts of $2,000, $1,500 or $1,000 depending on their score. In total, we awarded $60,000 in bursaries.
This year, as in previous years, students did not have to be credit union members to apply. However, beginning in 2018, students will have to be a credit union member in order to meet the application requirements. For this application period, we had members of the following credit unions receive bursaries: Alterna, Community First, DUCA, FirstOntario, Ganaraska, HMECU, Kawartha, Libro, Meridian, PACE, PenFinancial, Resurrection, WFCU Credit Union, and Your Neighbourhood Credit Union.
We trust this financial assistance will help in the upcoming school year. Ontario Credit Union Foundation is grateful to our member credit unions, event sponsors, and supporters who make these awards possible.