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Scholarship Program

For MTC Federal members who are pursing an undergraduate degree and seeking financial assistance.

Scholarships. Preparing for your future.

If you are an MTC Federal Credit Union member pursuing an undergraduate degree, the MTC Federal Scholarship Program may be able to provide financial assistance. For those who apply but aren’t selected, the Carolinas Credit Union Foundation General Fund Scholarship offers another opportunity.

As a cooperative, MTC Federal Credit Union is a philanthropic partner to the Carolinas Credit Union Foundation.

MTC Federal College Scholarships

MTC Federal Foundation provides (10) $1,000 Scholarships to college or university students.

Additional Scholarships Available

The Carolinas Credit Union Foundation offers scholarship options if you are not eligible or chosen to receive an MTC Federal College Scholarship grant.

The Carolinas CU Foundation partners with more than 20 credit unions and chapters and offer the Foundation’s General Fund Scholarship. Information about Carolinas CU Foundation Scholarships.

Downloadable Facts Sheet.  FAQ’s.

2021 MTC Federal Scholarship Schedule:

October 1, 2020 – Online application opens.

February 1, 2021 – Application closes.

Early April 2021 – All winners and applicants are notified via the online portal.

May 15, 2021- All winners are confirmed through the online portal using the online verification form.

June – July 2021 – Checks are processed and distributed to attending schools.

MTC Federal Scholarship Eligibility

  • No Age Restrictions.
  • Application period lasts from November to February each year.
  • You must be an MTC Federal member with your own social security number.
  • The applicant must be a full-time college student enrolled in at least 12 semester hours, or a high school senior accepted on a full-time basis at an accredited post-secondary institution.
  • Applications will be evaluated and Scholarships will be awarded by the Carolinas Credit Union Foundation’s Scholarship Selection Committee.

MTC Federal Scholarship Criteria

The Carolinas Credit Union Foundation Scholarship Selection Committee will base MTC Federal Scholarship Awards on the following criteria:

  • Demonstrated academic ability – Applicants should provide school transcripts. A minimum grade point average (GPA) of 3.0 is required to be eligible for scholarship funding.
  • Demonstrated writing ability – Applicants must submit an essay on the topic listed in the application.
  • School activities – Applicants should list all school activities and explain which activity is important and why.
  • Community activities – Applicants should list all community activities unrelated to school and explain which activity is most important and why.
  • For those who apply to the MTC Federal Foundation Scholarship Program but aren’t accepted, the Carolinas Credit Union Foundation Scholarship may be able to provide financial assistance.

Start Your Scholarship Application Process

To begin your MTC Federal Scholarship request you must first access registration through the Carolinas CU Foundation secure online portal below.

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Apply Now

For questions or inquiries about your MTC Federal Scholarship request contact The Carolinas Credit Union Foundation lwhaley@carolinasfoundation.org.  MTC Federal Credit Union wishes you the best in your pursuing your education goals.