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Scholarship FAQs

A student's dream of higher education shouldn't be cut short because of financial limitations. In the pursuit to help our members fulfill their dreams, Numerica offers three different scholarship opportunities.

Numerica Scholarships

Student Ambassador Scholarship

For high school seniors entering a two or four-year college or university. Ten $1,500 community service based scholarships are available.

Continuing Education Scholarship

For college students who are continuing to work full-time on an Associates, Bachelor’s or Master’s degree. Two $2,500 scholarships are available.

Financial Education Scholarship

For high school juniors or seniors who are entering a two or four-year program and have completed Numerica’s financial education program. Two $2,500 scholarships are available.

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“I want to thank you and the rest of the Student Ambassador Scholarship board again for awarding me with the financial aid last Fall.  I can't tell you how much of a blessing it was to have those funds, and it has definitely aided me in my academic journey.  Numerica's contribution to that journey will forever be remembered.  I am grateful to Numerica's community initiative, and I'm excited to see the ways that it will continue to benefit students such as I.”

Toby T.

Scholarship FAQs

Do I have to be a Numerica member to apply for one of the scholarships?

The Student Ambassador Scholarship and the Continuing Education Scholarship require membership at Numerica Credit Union.

The Financial Education Scholarship does not require membership.

Not a member? Now is a great time to become one! All you need to be eligible is to work, live, or worship in the State of Washington; live or work in the North Idaho Panhandle; or be related by blood or marriage to, or reside with, an eligible person.

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If I am the parent of the student, can I apply for them, with my membership?

No, the applicant for the scholarship must be a member. Being related to a member does not meet the requirements of the scholarships.

If I am not a member, or my child is not a member, can we open an account?

Of course!*

Do you have a scholarship for Doctoral students?

Unfortunately, we do not currently offer a scholarship for students at the Doctoral level.

How will I be communicated with during the scholarship selection process?

Most communications will be via email.

Will the check come to the winner or go to the school?

All scholarships awards are sent directly to the school.

If my child has not taken the Numerica Financial Education program can they still apply for the Financial Education Scholarship?

No, to qualify for the Financial Education Scholarship, the student must have completed a high school program offered at their school by Numerica. Participating in a non-Numerica financial education program does not qualify for that scholarship.

However, both the Continuing Education Scholarship and Student Ambassador Scholarships do not require completion of the Numerica Financial Education Program.

Is there a GPA requirement for these scholarships?

No, there are no GPA requirements for our scholarships.

Can the non-profit letter come from a teacher, school coach, or school counselor?

No, scholarships require a reference letter from a 501(c)3 non-profit.

Share the opportunity

If you know someone – friend or family – who qualifies for these scholarships or who needs help achieving their higher education goals, pass this on. Together, we can continue making a difference in our community.

Learn more about what Numerica is doing to prepare our youth for a financially healthy future.


Here’s the legal stuff: *Membership eligibility applies. $20 membership fee may apply.

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