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Our 2020 PARDA Scholarship Application has closed. Check back soon to see our 2020 winners!

Apply for a 2020 PARDA Scholarship!

PARDA’s Scholarship Program was established in 2006 to honor student members who have shown scholastic excellence and leadership in their schools and communities. PARDA is proud of our student members and have provided $70,000 in scholarships to past recipients who have not only shown excellent scholastic achievement but also embody the credit union philosophy of people helping people through their community work. This year, we are awarding 3 scholarships for our annual contest:

1st place: $2,500
2nd place: $1,500
3rd place: $1,000

It's now easier than ever to apply for a PARDA scholarship! We moved our application online, so you can easily apply anytime, anywhere.

Scholarship Requirements

  • Applicants must be members in good standing
  • Applicants must either upload an essay or type an essay (1000 words or less) to the proposed question
  • Applicants must currently be an undergraduate student enrolled in an accredited college or university, or entering an accredited college or university in the fall upon graduation from high school
  • Applicants must have a minimum 2.5 cumulative Grade Point Average (GPA), and provide a copy of their transcript with this application
  • Applicants must demonstrate participation in service to their school and/or community
  • Applications must be submitted by June 15, 2020 by 11:59 p.m.


2020 Scholarship Essay Question

There are several factors that potential members consider when choosing a financial institution. In your opinion, which of the following is the most important: the institution’s community involvement; the digital resources available to manage your account; or the financial education offered by the institution? Why did you choose that one?

Applicants must either upload an essay or type an essay (1000 words or less) to the proposed question.

By submitting this essay, the applicant agrees that it is their original work and all other personal information is true. The applicant understands that the essay and application become the property of PARDA Federal Credit Union for whatever use they deem appropriate. Such use by the Credit Union shall not violate any applicable law. They agree to cooperate with PARDA Federal Credit Union in promotional activities related to the scholarship competition, and should the applicant be selected a winner, gives PARDA permission to use their name and photo in promotional activities. All scholarships will be issued in the name of the applicant and their attending college, unless otherwise decided by the credit union.

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