Scholarships & Student Aid
St. Mary's County: One application, hundreds of scholarships!
Visit the site for the St. Mary’s County Business, Education and Community Alliance. The site contains a wealth of information in addition to the Common Application (used to apply for a number of local scholarships) including a list of scholarships managed by BECA, a comprehensive list of available scholarships, links to financial aid and other educational websites.
APPLY Online
Cedar Point offers three scholarships through the BECA common application. These three scholarships are established to aid and encourage further education.:
- Beacon Scholarship: Established to aid and encourage further education.
- Frank E. Gorely Scholarship: Established in memory of Frank E. Gorley, founding member and first CEO of Cedar Point Federal Credit Union.
- Keepers Club Scholarship: The recipient of this award will serve as an ambassador (name and photo) for our credit union’s youngest members for the coming year.
All parts of the application are due and are submitted electronically no later than midnight, Friday, March 1, 2024.
Scholarship Fair
The St. Mary’s County Business, Education and Community Alliance will hold a Scholarship Fair on Wednesday, February 7, 2024 at 4:30 p.m. at USMSM. Cedar Point will present information on our scholarships for local high school seniors.
Credit Union Foundation of MD | DC Scholarship
The CU Foundation MD|DC, a public charity serving local credit unions and their members, is sponsoring the 2024 $12,000 Credit Union College Scholarship Program. Cedar Point members are eligible to apply! Cedar Point members may apply for one of ten $1,000 essay-based scholarships and/or one $1,000 video-based scholarship. And yes, eligible members may apply in both categories!
- Essay. The 2024 topic for essay applicants is: "Explain the good habits you’ve developed for creating a sound financial future for you and your family. Additionally, explain how your relationship with your credit union enhances or helps you establish or maintain those habits.”
- Video. “Create a 60-second video depicting one or more good habits for making sound financial decisions and how your relationship with your credit union has helped to establish, enhance or maintain those habits.”
The deadline for applications is midnight on April 15, 2024. Awards will be announced in June 2024.
APPLY
Other Scholarship Options
Student Aid
As a reminder, universities also have their own scholarships, grants and work study programs awarded via the information received through the Free Application for Federal Student Aid (FAFSA). To explore what the university has to offer you may want to ensure your student meets with a Financial Aid Counselor at the universities he/she is interested in attending.
Information on Federal Student and Parent Plus loans can be found on the Federal Student Aid site. This site provides a plethora of information on student and parent plus federal student loans but can be overwhelming, however the information available here will be very helpful both now and in the future.
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