boomerang CREDIT UNION

Please note: due to the postal interruption, applications will now be accepted until the closing of business on Friday July 8, 2011!

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 2011. 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. 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, 2011- Applications now accepted until Friday July 8, 2011 because of the recent postal disruption!

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.