Need money for college? – Richard J. Spence Scholarship

Coin for college (Woo-hoo!)—it’s never too early to start saving for college, especially with college costs increasing every year. Extra Credit Union gives students a helping hand by proudly awarding the Richard J. Spence Scholarship to five graduating high school seniors each year. The multiple scholarships include:

  • One $2,000 scholarship
  • Two $1,000 scholarships
  • Two $500 scholarships

Our scholarship recipients are determined by a committee and selected based on:

  • Academic Performance
  • Essay content (including grammar)
  • Letters of recommendation
  • School and community involvement
  • Work experience

Student awardees may apply scholarship funds to any component of their comprehensive tuition and fees. Students must be a member of Extra Credit Union and a high school senior at the time of application to apply.

Click here to download the application! Hurry, applications are due April 25, 2025!

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