Scholarship money concept. Coins in jar with money stack step growing growth saving money investment

2023 Scholarship Opportunity Details

Honor Scholarship: $750
Ultimate Scholarship: $1250

One of the biggest ways 705 Federal Credit Union gives back to our membership is through our scholarship opportunities each year. This form of giving back allows our members preparing for their careers to have a cushion. Getting a degree or certified in a trade is extremely important, but also expensive. The credit union understands that and wants to support you in making your dreams come true! Below are all the details of applying.

To Be Considered, the Student MUST:

  • Be a Member in good standing with 705 Federal Credit Union.
  • Be a Student. A high school graduating senior or current student enrolled for the Fall 2023 semester at an accredited college, university, or technical school.
  • Return completed application package by Friday, March 10, 2023.
  • Have maintained a 3.0 GPA based on 6 high school semesters or for your college transcript. (Unofficial transcripts accepted for college students.)
  • Complete an application and personal essay.

705 Application Package:

All applicants must submit an application package which includes:
  • A completed application
  • A current high school or college transcript.
  • Two letters of recommendation: one of which must be from a teacher from your junior/senior year (only applies to high school seniors) or your current college professor/adviser.
  • A personal essay


To turn in application and essay: mail, fax, email, or drop off the completed application by March 10, 2023.

It is the student’s responsibility to make sure that 705 FCU has received ALL documentation needed for the application no matter the method. If you do not hear from us, we have not received your scholarship application.

Stay Up-to-Date! Join our Email List. Connect with us on FacebookInstagramTwitter, or YouTube! Questions? Contact the credit union.


Lafayette Chapter of Credit Unions Scholarship Opportunity! Complete scholarship application by March 31, 2023, for the Lafayette Chapter scholarship opportunity! Three $1,000 scholarships will be awarded. Learn more!


Rates as high as 5.25% APY* for 6 Month Share Certificates. Learn more!