Sydney Credit Union Scholarships

***Please read the eligibility criteria carefully before applying***

The Sydney Credit Union is offering five (5) $1,000 scholarships to Cape Breton University students that meet the following eligibility criteria:

The scholarship recipient must be a Sydney Credit Union member, or the child of a member.

Student must be the recipient of a Sydney Credit Union “Education Loan.” If this criterion is not met, then the following criteria applies:

• Minimum 6-month membership requirement, and
• Minimum 9 transactions in the previous six-month period – electronic and/or in branch or
• Minimum monthly balance of $500.00 is required and
• Cannot have been in an unauthorized overdraft position in the previous twelve months (except due to service charges or at management’s discretion).

If the student awarded the scholarship is not a member of Sydney Credit Union, then his or her parent/guardian must meet the following criteria:

• Member currently has a loan, mortgage, or active line of credit with Sydney Credit Union or
• Member currently has RRSPs/RRIFs or term deposits with Sydney Credit Union.

If the above criteria is not met, then the following criteria applies:

• Minimum 12-month membership requirement, and
• Minimum 18 transactions per year – electronic and/or in-branch or
• Minimum monthly balance of $500.00.

To apply:

Submit the completed CBU Scholarship Application 2022 to:

• awards@cbu.ca, or
• sydneyriver@sydneycreditunion.com or sydney@sydneycreditunion.com, or
• fax to 902-562-0796, or
• any Sydney Credit Union branch.

Application deadline is April 15th.