Scholarships FAQs
Do I have to be a VACU member to apply for the scholarship?
Yes, to apply for the 2025-2026 academic year, students must be members of Virginia Credit Union or our Member One division by March 1, 2026.
What are the requirements to apply?
You’re eligible if you have a 2.5 GPA or higher, are enrolled in an accredited college or university for the coming academic year, and have been a member of Virginia Credit Union or our Member One division by March 1, 2026.
For the 2025-2026 academic year, our application is now closed.
If my parent is a member and I'm a joint owner on their account, am I eligible to apply for the Virginia Credit Union scholarship program?
To be eligible, you must have your own VACU membership account. Consider joining now and applying for the scholarship program before the March 1, 2026 deadline. Applicants must be 18 to become a member online; those under 18 must apply at a branch.
If you are currently a MemberOne member under the age of 18, you must have a joint account with a parent or guardian at MemberOne to be eligible to apply for the Virginia Credit Union scholarship program.
I'm a graduate student. Am I eligible for a Virginia Credit Union scholarship?
The scholarship program was established to help student members working toward their first degree, so only students seeking undergraduate degrees are eligible to apply.
Is there an age limit for Virginia Credit Union scholarship applicants?
No, there are no age restrictions for applicants. Virginia Credit Union members and members of our Member One division who are pursuing their first undergraduate degree may apply.
How many credit hours per semester do I need to take to qualify for a Virginia Credit Union scholarship?
You must be taking or planning to take at least nine (9) credit hours per semester at an accredited college or university.
As a previous Dorothy J. Hall Memorial Scholarship recipient, am I eligible to apply for the Virginia Credit Union scholarship?
The Virginia Credit Union scholarship program is a one-time award, and previous recipients are not eligible.
Are the children of Virginia Credit Union employees, board members, or official credit union volunteers eligible for the scholarship?
No, sorry. VACU employees, directors, committee members, other official credit union volunteers, and their family members are not eligible.
Can previous winners of the scholarship apply again?
Previous scholarship recipients are not eligible to receive the scholarship a second time.
How will I know if I’ve won a scholarship?
All applicants are notified via email whether they win one of the VACU scholarships or not. We use the email address you used to submit your application. Email notifications are usually sent at the end of April. Winners will also be notified by mail.
Ready to apply for the VACU scholarship program?
Applications will open in December 2026. Please check our Scholarships Page for details.