1.  SCHOLARSHIP AWARD

  • The boomerang CREDIT UNION Scholarship Award program was established in 2009 to benefit members/students who are beginning or are enrolled in a full-time program of studies at a post secondary institution.
  • boomerang CREDIT UNION will award one scholarship to be valued at $1,000.00 to one applicant who meet the criteria outlined below.
  • Scholarship winners will be notified no later than July 15th 2013. Winners must agree to the publication and use of their names and photographs for publicity purposes without additional compensation.
  • All applications received will be treated with the utmost confidentiality and according to the Credit Union’s privacy policy.
  • The scholarship winner will be invited to attend and participate in all regularly scheduled Board of Directors meetings as a Youth Advisor to the board.

    • Applicant Criteria

    1. The member applying has been a member in good standing for at least one year on the day that they submit their application, or the applicant is a child, grandchild or ward of a boomerang CREDIT UNION member in good standing and is a member themselves on the day they submit their application.
    2. Applicant must have earned an average of 75% or better in their graduating year;
    3. Applicant must be enrolled in a full-time program at a post secondary institution;
    4. Applicant has demonstrated a high level of community involvement through extra-curricular activities and volunteer experiences;
    5. Applicant completes a short essay assignment;

    Application Process

    1. Complete the application cover sheet. Download Here.
    2. Attach the following:
      a. Your resume, outlining extra curricular/volunteer activities, as well as any achievements or awards received;
      b. Copy of the current year’s official transcript of marks;
      c. Proof of acceptance/registration from the post secondary institution;
      d. Include the names, addresses and phone numbers of two (2) references that will corroborate your extra curricular activities.
    3. Complete and attach a short essay (maximum 500 words) on one of the following topics:
      a. How does boomerang CREDIT UNION differ from other financial institutions?
      b. Which of the seven (7) Cooperative Principles is most important to you and why;
      c. The benefits of volunteering in the community.
    4. Complete the attached checklist of required documents and submit by June 30, 2013.

    boomerang CREDIT UNION Scholarship Selection Committee
    c/o Lew Figol, Chief Executive Officer
    boomerang CREDIT UNION
    343 Dundas St. Ste 100
    London, ON N6B 1V5

    Important Note: Failure to provide ALL of the required documents will automatically disqualify the applicant.