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We’re committed to providing financial education for all ages

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Conveniently located throughout Southern Maryland. Find your closest branch.

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Scholarships and Student Aid

Awards are available to help offset educational costs

Cedar Point Federal Credit Union® offers scholarships for graduating seniors in St. Mary’s, Calvert, and Charles Counties. These Scholarships are offered through St. Mary’s County Business, Education and Community Alliance (BECA), Calvert Local Scholarship Application (CLSA), and Charles County Scholarship Fund, Inc.

The application pages for each county contain a wealth of information in addition to the common application (used to apply for a number of local scholarships) managed by their respective organizations. You’ll also find a list of available scholarships, as well as links to financial aid sources and other educational websites.

 

St. Mary’s County

Cedar Point offers four scholarships through the St. Mary’s County Business, Education, and Community Alliance (BECA) common application. These scholarships are established to aid and encourage further education:

  • Spark Scholarship: The recipient of this scholarship will receive $1000. Applicants must be a graduating high school senior who is a resident of St. Mary's County with a GPA of 2.5 or greater. Priority for the scholarship will be given to those who choose a vocational, technical, or trade school.
  • Visionary Scholarship: The recipient of this scholarship will receive $1000. Applicants must be a graduating high school senior who is a resident of St. Mary's County with a GPA of 3.0 or greater. Applicant must be a member of Cedar Point Federal Credit Union® or willing to open an account.
  • Vibrant Vision Scholarship: The recipient of this scholarship will receive $1000. Applicants must be a graduating high school senior who is a resident of St. Mary's County with a GPA of 3.0 or greater.
  • The Robert Clements Memorial Scholarship by CPFS: The recipient of this scholarship will receive $500. Applicants must be a graduating high school senior who is a resident of St. Mary's County with a GPA of 3.0 or greater.

Applications open on January 15, 2027, and close on March 8, 2027. 

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Calvert County

Cedar Point offers three scholarships through the Calvert Local Scholarship Application (CLSA). These scholarships are established to aid and encourage further education:

  • Beacon Scholarship: The recipient of this scholarship will receive $1000. Applicants must be a graduating high school senior who is a resident of Calvert County with a GPA of 3.0 or greater.
  • Bright Future Scholarship: The recipient of this scholarship will receive $1000. Applicants must be a graduating high school senior who is a resident of Calvert County with a GPA of 3.0 or greater.
  • Future Leader Scholarship: The recipient of this scholarship will receive $1000. Applicants must be a graduating high school senior who is a resident of Calvert County with a GPA of 3.0 or greater.

Applications open on January 8, 2027, and close on March 6, 2027. 

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Charles County

Cedar Point offers three scholarships through Charles County Scholarship Fund, Inc. These scholarships are established to aid and encourage further education:

  • Horizon Seeker Scholarship: The recipient of this scholarship will receive $1000. Applicants must be a graduating high school senior who is a resident of Charles County with a GPA of 3.0 or greater. Applicant must be a member of Cedar Point Federal Credit Union or be willing to open an account.
  • Infinite Potential Scholarship: The recipient of this scholarship will receive $1000. Applicants must be a graduating high school senior who is a resident of Charles County with a GPA of 3.0 or greater.
  • Journey in Excellence Scholarship: The recipient of this scholarship will receive $1000. Applicants must be a graduating high school senior who is a resident of Charles County with a GPA of 3.0 or greater. Priority for the scholarship will be given to those who choose education in a Trade career.

Application deadline to be announced. 

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Scholarships Fair Scholarship Fair

Scholarship Fair

The St. Mary’s County Business, Education and Community Alliance Scholarship Fair was on February 2, 2026, at 5 pm at the University System of Maryland at Southern Maryland. Cedar Point presented information on our scholarships for local high school seniors. We hope to see you at next year’s fair.

 

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 2027 Credit Union College Scholarship Program, which awards a total of $24,000 in scholarships. Cedar Point members are eligible to apply!

Cedar Point members may apply for one of ten $2,000 essay-based scholarships and/or one of two $2,000 video-based scholarships. Eligible members may apply in both categories.

Essay: The 2027 topic for essay applicants is: "How would you structure a personal finance course to give students the knowledge and skills they need to make informed financial decisions?"

Video: The 2027 topic for video applicants is: "Create a 60-second video highlighting one lesson you believe every young adult should learn before graduating high school. Explain why it is important and how it can positively impact someone’s financial future."

Applications are open until April 15, 2027. 

Apply Online

 

Other Scholarship Other Scholarship

Other Scholarship Options

  • College scholarships – Offers a search engine to aid in identifying potential scholarship opportunities.
  • Fastweb – This search platform connects students to scholarships for colleges and trade schools, as well as financial aid news and resources.
  • Federal Student Aid Grants – The federal government provides grants for students attending college or career school.

 

Student Aid

Individual 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 a university has to offer, you may want to ensure your student meets with a Financial Aid Counselor at the university they are interested in attending.

Information on Federal Student and Parent Plus loans can be found on the Federal Student Aid site.

 

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