PSECU Scholarships

Personal Checking is rated 4.6 out of 5 by 132.
  • y_2017, m_9, d_15, h_21
  • bvseo_bulk, prod_bvrr, vn_bulk_2.0.3
  • cp_1, bvpage1
  • co_hasreviews, tv_0, tr_132
  • loc_en_US, sid_personal-checking, prod, sort_[SortEntry(order=SUBMISSION_TIME, direction=DESCENDING)]
  • clientName_psecu
  • bvseo_sdk, net_sdk, 3.2.0.0
  • CLOUD, getAggregateRating, 15ms
  • REVIEWS, PRODUCT

About the Scholarships

As a not-for-profit credit union, we were founded on the belief that everyone deserves opportunities for a better life. We also believe that knowledge increases your earning potential and gives you the power to make the most out of your money. This is why we have a scholarship program that helps graduating high school seniors reduce the financial burden of pursuing postsecondary education.

We offer six scholarships, each up to $8,000, to members graduating high school. Each recipient receives up to $2,000 per year for up to four years, providing scholarship requirements are met.

Since the program began in 1997, more than 100 students have benefited, going on to graduate and begin careers in medicine, education, science, communications and other disciplines. The program has awarded more than a half million dollars to students embarking on higher education.

Honoring Our Past

Of the six scholarships we award, two are named for people who through word and deed represented the credit union's ideals and commitment to service.

PSECU John J. Marisic Memorial Scholarship - John was a longtime member of the PSECU Board of Directors and served as the Vice Chairman for a period of time. He was an active Board member and was very involved in community events. He was the embodiment of the mission of credit unions to serve the greater good. This scholarship is awarded to the top applicant in honor of John's dedication to PSECU and commitment to improving the community.

PSECU Michael A. Gottshall Memorial Scholarship - Michael was an employee of PSECU for over 12 years. He was known for being giving, genuine, and always putting others before himself. He believed in "living life today" and was often described as someone you were proud to introduce as your friend. This scholarship is awarded to an applicant in honor of Michael's commitment to service before self.

Eligibility Requirements

To qualify for one of six $8,000 PSECU scholarships, you must:

  • Be a current PSECU member (by December 31, 2017)
  • Be a graduating high school senior
  • Plan to attend a two- or four-year college or university
  • Complete the scholarship application packet
  • Have the completed materials to PSECU by noon on Wednesday, February 28, 2018

Frequently Asked Questions

Do I have to be a PSECU member to be eligible for a PSECU scholarship?

Yes, you must be a member of PSECU. Please note that joint owners are not members.

How do I apply for a PSECU scholarship?

You can download a scholarship application. You must be a PSECU member. Please note that joint owners are not automatically PSECU members.

Who can I contact for more information about PSECU scholarships?

Most answers will be found in our scholarship packet, which can be downloaded from our Scholarships page. You may contact a Member Service Representative with additional questions.

Does PSECU offer educational loans?

While PSECU does not offer student loans, there are a number of PSECU loans that can be used to finance education. You can review all our offerings on our website.

My child will be attending a technical school. Is he/she eligible for a PSECU Scholarship?

No, the graduating senior must be attending a two- or four-year community college, college or university.

For more information on the PSECU Scholarship requirements, see our Eligibility Requirements.

Who is eligible to apply for a PSECU Scholarship?

Any PSECU member who is a graduating high school senior and planning on attending a two- or four-year community college, college or university is eligible to apply for a PSECU Scholarship. Please note that joint owners are not automatically PSECU members.

When are the PSECU Scholarship applications available?

The applications are usually available by mid-October of each year. The scholarship information will be included in the 4th Quarter issue of PSECU's RE:member newsletter, as well as on psecu.com and social media.

Are there any exceptions to the PSECU Scholarship application deadline?

No. To be fair to each student, the rules must be strictly adhered to by all applicants.

How can I confirm that the PSECU Scholarship application has been received?

You can confirm receipt by calling us at 800.237.7328. Select option 6, then extension 2189. The scholarship applications are logged as they are received, and the log will be available to verify receipt of the application.

When are the PSECU Scholarship winners notified?

The winners are notified after PSECU's Board of Directors makes its selections. The winners are usually selected at the second Board meeting in April. All applicants are notified as to the outcome of the Board's selections in late April or early May. The winners are also featured in the 3rd Quarter issue of PSECU's RE:member newsletter.

How are the PSECU Scholarship winners decided?

The scoring is based on four parts: Academic Record, Standardized Test Scores (SAT/ACT), Activities, and an Essay. The winners are chosen by the PSECU Board of Directors. Before the Board of Directors receives the applications for review, all identifying information is removed from the applications.

Must applicants be planning on attending a college or university in Pennsylvania?

No. The only requirement is that it is a two- or four-year community college, college or university.

For more information on the PSECU Scholarship requirements, see our Eligibility Requirements.

I won a PSECU Scholarship. How are funds disbursed?

Scholarships are sent in one lump sum ($2,000) to your university once a year after you have submitted the required documents. There are no restrictions placed on these funds. If you need any additional documentation from us regarding your scholarship, contact Sara Weiser at (sweiser@psecu.com).

If you need the scholarship funds to be sent to your school by a certain date, be sure to send your required documentation to PSECU well in advance. It can take two to three weeks from the receipt of required documents for your scholarship check to be mailed to your school.

I won a PSECU Scholarship. How do I maintain it?

  • Use Your Account: You must be a PSECU member in good standing to be eligible to renew your scholarship each year. If you close your account, you will no longer be eligible to receive scholarship money. Switching from a custodial account to a regular account? Please contact PSECU's Financial Education Manager Sara Weiser (sweiser@psecu.com) to ensure there's no delay in disbursement of your scholarship funds.
  • Know the GPA Requirements: GPA Requirements are outlined in the Letter of Responsibility you received when you were notified that you were chosen for a scholarship. Remember that the GPA requirements vary based upon your year of enrollment.
  • Submit Your Documents: Send us updated official transcripts each semester. These must come directly from the school and can be submitted electronically to Sara Weiser (sweiser@psecu.com) or via mail to PSECU Scholarship Committee, P.O. Box 67013, Harrisburg, PA 17106-7013. If your transcript includes the courses you're registered for in the following semester, you do not need to send additional proof of enrollment. If your transcript does not show your registered courses in the following semester, you will also need to send a schedule or proof of full-time enrollment.
  • Be Proactive: We will not contact you requesting transcripts or other required scholarship materials. You are responsible for sending all documentation in order for your scholarship to be disbursed. Afraid you'll forget? Set a reminder on your phone or calendar to help you remember.
  • Keep Us Informed: If you know of anything that may impact your full-time status (i.e. year off or family emergency), contact Sara Weiser (sweiser@psecu.com) so we can work with you to see if/how you can remain eligible for the scholarship.

2017 PSECU Scholarship Winners

Andrew Balog

Andrew Balog
Canon McMillan High School
Hometown: Canonsburg, PA
Attending: Texas A&M University

"...One career path that I am strongly considering is attaining a Ph.D. and becoming a professor; as I am interested in studying chemical engineering, this would leave me in a position to teach and affect the lives of countless young, intelligent adults... I would integrate myself into the system that I have criticized so extensively, and push to make school engaging and interesting..."

Connor Kerstetter

Connor Kerstetter
Blue Mountain High School
Hometown: Schuylkill Haven, PA
Attending: The Pennsylvania State University

"...My work in the medical field will alter the connotation of the word cancer to become as frightening as the words 'stuffy nose.' Soon cancer patients... will no longer cringe upon hearing the dreaded C word. Family members will no longer worry about whether treatments will work. Experimental procedures will no longer become the long shot... Instead, the patient will hear the confident words I will deliver, 'I will cure your cancer.'"

Jacqueline Marusiak

Jacqueline Marusiak
Schuylkill Valley High School
Hometown: Reading, PA
Attending: Ithaca College

"...I'm inspired and determined to do my part in creating a better society, even if the outcome of my efforts is small. I'm especially interested in educating and provoking Americans to think in new ways, which [is] why I'm pursuing a career in documentary production... Documentaries aren't just something I'm passionate about, but effective platforms to pass on information or spark conversation in an interactive way..."

Taylor Slusser

Taylor Slusser
Palmyra Area High School
Hometown: Palmyra, PA
Attending: The Pennsylvania State University

"...Changes in attitudes can become explosive: if everyone focuses on reaching to a small group of people, and then each person in that group does the same, continuing ad infinitum, then the mindset of generations could change. Instead of either blindly following their leaders or remaining apathetic about others around them, the defining characteristics of an entire era could shift..."

2017 PSECU John J. Marisic Memorial Scholarship Winner

Cindy Hsieh

Cindy Hsieh
Peters Township High School
Hometown: Bethel Park, PA
Attending: University of Toronto

"...I am extremely fascinated in combining the knowledge in antioxidants and nanotechnology from my past research experience with my current research interest to take a step in developing an effective, clinical treatment for neurodegenerative diseases... As I enter university and pursue the study of medicine, I know I will continue to involve myself in research and make use of the resources I have around me..."

2017 PSECU Michael A. Gottshall Memorial Scholarship Winner

Kara Smith

Kara Smith
Mechanicsburg Area Senior High School
Hometown: Mechanicsburg, PA
Attending: Dickinson College

"...Ever since attending my first educational environmental camp the summer before second grade, I have been concerned about and conscious of humanity's role in the deterioration of our environment... My goal is to attend law school and eventually pursue a career as an attorney focusing in environmental law or public policy... I aim to increase the amount and scope of laws... to mandate more environmentally conscious actions from all citizens."