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The application program will be available again in April. Please return then to view the updated Eligibility and Awards for the upcoming academic year! If you are an applicant who would like to discover more scholarship opportunities you might qualify for, please continue to the Scholarship America Hub and sign up!

BCU Scholarship Program
Application status: Closed

BCU has established a scholarship program to assist members who are high school seniors and plan to continue their education in college. Scholarships are offered each year for full-time study at an accredited institution of the student´s choice.

The program is administered by Scholarship America, the nation’s largest designer and manager of scholarship and tuition reimbursement programs for corporations, foundations, associations and individuals. Awards are granted without regard to race, color, creed, religion, sexual orientation, gender, disability or national origin.

Applicants to the BCU Scholarship Program must fulfill all the eligibility requirements. Student must be:

  • A BCU member in good standing (not a parent’s account).
  • A high school senior.
  • Planning to attend an accredited two- year or four- year college or university for the 2020-2021 academic year.

Children of employees of BCU are ineligible to apply.

Award Information:

Up to thirty (30) awards will be granted in 2020:

  • The BCU Scholarship – up to 28 awards available in the amount of $2,500 each.
  • The Samuel G. O’Kelly Memorial Scholarship for $3,500. (This award will be funded annually through donations made to the Samuel G. O’Kelly Memorial Fund, administered by Scholarship America. The availability and amount of the award in future years is contingent on funds available).
  • The Thomas W. Hodson Leader of Tomorrow for $5,000, granted to the applicant who demonstrates greatest service and dedication to their community, academic performance and leadership potential.

Recipients may receive only one award of any type.

Recipients may receive awards one time only. Past recipients may not apply.

Awards are for undergraduate study only.


Applicants will be notified in July. Not all applicants to the program will be selected as recipients. Non recipients will be notified by email and recipients will receive notification by email and U.S. postal mail.

Payment of Scholarships

Scholarship America processes scholarship payments on behalf of BCU. The payment is made in one installment in early August. A check is made payable to the student´s school and mailed to each recipient´s home address.

Scholarship recipients are selected on the basis of:

  • Academic record
  • Demonstrated leadership and participation in school and community activities
  • Honors
  • Work experience
  • Statement of career and educational goals and objectives
  • Unusual personal or family circumstances
  • An essay*

Financial need is not considered.

Selection of recipients is made by Scholarship America. In no instance does any officer or employee of BCU play a part in the selection. All applicants agree to accept the decision as final.


Scholarship recipients must meet the requirement of being a BCU member in good standing, and agree to provide standard personal information associated with the announcement of the award. All other information provided is voluntary. Applicants are also required to notify Scholarship America of any changes in address, school enrollment, or other relevant information, and to send a complete official transcript when requested.

Essay Topic

*What is one area of personal finance you hope to learn more about during your college years? How will you acquire the skills to be confident about your financial choices in the future?

As part of your application, you must upload the following document:

  • A current, complete transcript of grades. Grade reports are not accepted. Unofficial or online transcripts must display student name, school name, grades and credit hours for each course and term in which each course was taken.

Your application is not complete unless all required documents are submitted electronically through the Scholarship America Student Hub.

BCU has partnered with Scholarship America. Select the button below to be directed to the Scholarship America Student Hub!