Student Services

Paying for College

Setting a goal and taking action now is an important part of preparing for future education expenses. Making college savings a priority early will help ensure your child is able to obtain his or her education goals. Cedar Point offers what you need to make that possible.

Saving for College

Tools

Scholarships & Student Aid

Scholarship Opportunities by County

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 Common Application site for each county contains a wealth of information in addition to the common application (used to apply for a number of local scholarships) managed by their respective organization, a list of available scholarships, links to financial aid and other educational websites and information. 

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 3.0 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. 

All parts of the application are due and are submitted electronically no later than midnight, Monday, March 3, 2025. 

Apply Online

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.  

All parts of the application are due and are submitted electronically no later than midnight, Friday March 7, 2025.

Apply online

Charles County

Cedar Point offers three scholarship 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. 

All parts of the application are due and are submitted electronically no later than midnight, Saturday, March 1, 2025.

Apply Online 

Scholarship Fair

The St. Mary’s County Business, Education and Community Alliance Scholarship Fair was on Wednesday, January 29th, 2025 at 4:00 p.m. at USMSM. Cedar Point presented information on our scholarships for local high school seniors. We hope to see you at next years 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 2025 $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 of two $1,000 video-based scholarship. And yes, eligible members may apply in both categories!

• Essay. The 2025 topic for essay applicants is: "Credit unions play a significant role in promoting financial wellness among their members. How do you believe credit unions contribute to the financial health and stability of individuals and communities? Discuss specific benefits and provide examples or personal experiences to illustrate their impact."
• Video. The 2025 topic for video applicants is: "Create a 60 second video depicting how credit unions contribute to the financial health and stability of individuals and communities."

The deadline for applications is midnight on April 15, 2025. Awards will be announced in June 2025.

APPLY

Other Scholarship Options

• College scholarships - allows student to dig further into area of study, among other things.
• Fastweb - another great resource.
• Federal Student Aid Grants

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.