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Professional Development Grant Application Guidelines




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Professional development grants offer financial assistance to credit union staff, management and officials who wish to further their credit union education. Grants are available for conferences and workshops offered by the League of Southeastern Credit Unions (LSCU) and the Credit Union National Association (America's Credit Unions).

 

Applicant Eligibility
Any credit union employee or volunteer of an affiliated credit union may apply for professional development grant.
Credit unions cannot be awarded the same professional development grant in consecutive years.
Applicants may apply for professional development grants for different programs in different years.
Individuals enrolled in a program requiring more than one year of study will be ineligible to receive an award to that program for more than one year.
Scholarship requests must be received at least 30 days before the event.
Credit unions under $100 million in assets must use their annual SAS initiatives account voucher before applying for scholarship funds.
Award Criteria
Based primarily, but not solely, on financial need to credit unions with a record of interest and dedication to a career in the credit union movement.
Ability of credit union to pay should a grant not be awarded.
Dedication of the credit union management and board to pay for the completion of an educational program which requires more than one year of study during which only one year of grant funds may be awarded.
Use & Timing of Awards
Grant awards will be used to pay tuition/registration fees and reasonable travel expenses directly related to a specific conference, workshop or school. Funds must be used within 120 days of approval date. Any funds not used during this period will no longer be available to the recipient.
Receipts must be submitted to the Foundation within 30 days of the completion of the conference, workshop or school.
Should the recipient not be able to attend a program and need to cancel after the refund deadline, reimbursement for any penalties incurred will be due to the Foundation.
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