OCU Bursary and Scholarship Program

Eligibility Requirements

1. Applicant, parent(s), or legal guardian must be an active member of OCU.
2. The applicant must be a full-time Grade 12 student during the 2023-2024 academic school year.
3. The applicant must be planning to attend a recognized University or College for the 2024-2025 school year.

Evaluation Components

1. Bursaries or Scholarships will be awarded to individuals who encompass a well-rounded character. We are looking for involvement in the community, taking initiative in leadership roles and your overall performance as a student.
2. Consideration will be given to the following criteria:
   • Community involvement
   • Extra-curricular activities
   • Career goals
   • Leadership roles
   • Work accomplishments while attending high school (if applicable)

Application Process

1. Applications are available here or can be picked up at the Osoyoos Credit Union. Completed applications can be mailed, emailed or dropped off at the branch. Contact info is at the bottom of the application form.
2. Only one application per person will be accepted.
3. All completed applications must include the following documentation in order to be eligible:
   • Proof of acceptance to a recognized university or college.
   • A transcript of marks from the educational institution the applicant is currently attending.

Congratulations to the recipients of the 2024 OCU Bursaries and Scholarships! Learn more here.

Credit Union of BC Bursaries

The Credit Union Foundation of BC was established by BC credit unions in 1958 to support our members in their journey through post-secondary education. In this co-operative spirit, credit unions have helped thousands of members pursue their dreams and in turn build stronger and more vibrant communities.

The CUFBC has three application periods each year:

• Winter: January 1 – February 15
• Spring: May 1 – June 15
• Fall: September 1 – October 15

Applications for the 2025 Winter bursary period will be accepted between January 1 and February 15. Please note: any applications submitted outside of these dates will be invalid and removed from consideration.

Criteria:

Applicants who do not meet the following criteria are not eligible for a bursary.

• All applicants must have a demonstrated financial need.
• Proof of enrolment, tuition payment and transcripts are required.
• A recent letter of reference from a credit union, coach or other individual that speaks to your community involvement and shared credit union values is required.
• Applicants must be BC residents who are Canadian Citizens, a permanent resident of Canada or designated as a protected person.
• Applicants must be in attendance at a public Canadian post-secondary school when the application is submitted.
• Applicants attending accredited private schools will only be considered if the program is not offered at a public school. Applicants must provide a statement as to why they are not attending a public school and provide a receipt for tuition.
• Programs of study may be academic, vocational, technical or technological.
• Graduate and post graduate students are not eligible.

Award Process:

• Applications will be reviewed via awards committee, taking into consideration financial need, the length of the program, the year of study, efforts to minimize costs, personal statement of special circumstances, grades, etc. All decisions are final.
• Bursaries are disbursed during the course of the program. The CUFBC will send funding by Interac e-transfer to the email address on file. Students will be notified as to when they can expect to receive their funding.
• Recipients may be eligible for up to two awards per year.

As required by Revenue Canada, a T4A will be issued the following spring for income tax purposes. It is the responsibility of the recipient to advise us of any address changes.

Learn more or apply here.