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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 four different scholarship opportunities.

Numerica Scholarships

Student Ambassador Scholarship

Ten $1,500 scholarships are available to high school seniors who have given back to their community. Students must be entering college in the fall of 2020.

Continuing Education Scholarship

Three $2,500 scholarships are available for college students who are continuing to work full-time on Associates, Bachelor's, or Master's degree in the fall of 2020.

Vocational Scholarship

Two $1,250 scholarships are available for students entering into a trade or vocational school. Students must be entering into school in the fall of 2020.

Student Loan Repayment Scholarship

Four scholarships up to $5,000 are available for student loan repayment for members who have completed an Associates, Bachelor's, or Master's degree, and have outstanding federal student loans


Young man with black hair parted on the side, wearing green jacket with maroon collar. Smiling. Looking directly at camera. On lime green background.

“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?

Yes, all Numerica Scholarships require membership.

Not a member? Now is a great time to become one! To be eligible you need to work, live, or worship in the State of Washington or 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. If you are selected as the winner, you will be notified by the date listed on the website.

How will the recipients be selected?

A team of Numerica staff will evaluate applications and select the winners.

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

All scholarship (except the Student Loan Repayment) awards are sent directly to the school before the beginning of the school year in the fall. Student Loan Repayment awards will be sent directly to the loan servicer.

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.

Today's Rates

October 1, 2020

Home Equity Line of Credit

as low as 3.50% APR

Certificates

as high as 1.00% APY

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as low as 7.99% APR

Auto/Truck (New/Used)

as low as 1.99% APR

Bonus Checking

1.05% APY