Scholarships

Don't get stressed by college debt

We've got you.

Not just a scholarship.

It's a head start for college!

Questions?

Chat with our member
service team.

IHMVCU Cash for Class Scholarship

IHMVCU offers $30,000 in scholarships to local undergraduate, graduate and vocational/technical school students who stand out in the classroom and stand up in their communities. Since 1999, IHMVCU has invested nearly $400,000 in scholarships for more than 300 students.

Scholarship applications are closed for 2024.

To be eligible*, all applicants must:

  • Be a member by the application deadline
  • Be a graduating high school senior or a current college student
  • Be enrolled at an accredited two-year or four-year college, university or vocational-technical school
  • Provide 2 references
  • Complete the online application and essay/video
  • Submit all materials by 5 p.m. on the application deadline. Late submissions will not be accepted under any circumstances
  • Essays may be submitted in the form of a 500-word essay in PDF format or 2-minute video on the topic below (max file size of 10 MB)

2024 Essay Topic: At IHMVCU community is our passion. We strive to help bridge educational gaps throughout our service areas. Discuss the importance of equal access to education and how you'd work to bridge the educational gap within your community.

*IHMVCU employees are not eligible. Recipients of the IHMVCU Scholarship are eligible to re-apply annually. Applications must be completed each year and submitted to the scholarship committee via the online application.

Please note: Paper applications and recommendations will not be accepted.

Girl reading scholarship letter
Group of graduating students

Scholarships are awarded as such:

  • $10,000: 1 scholarship
  • $5,000: 2 scholarships
  • $1,000: 10 scholarships**

**$1,000 scholarships will be awarded to members with the highest overall application score in each community.

  • Three $1,000 winners in the Quad Cities.
  • Four $1,000 winners in DeWitt, Galesburg, Kewanee, and Des Moines.
  • One $1,000 award to a student attending Carl Sandburg College.
  • One $1,000 award to a student/employee of the Boys and Girls Club of the Mississippi Valley.
  • One $1,000 award for the family member of an IHMVCU employee+.

If any community does not have a worthy applicant, no scholarship will be awarded.

IHMVCU has the ultimate authority to amend any of the above rules to ensure fairness in the award of the scholarships.

+IHMVCU Family refers to spouses, children, and grandchildren of IHMVCU employees and board of directors.

Illinois Quad City Chapter of Credit Unions Scholarships

Two $1,000 scholarships will be awarded to anyone belonging to a participating Illinois credit union. As an active participant of this association, IHMVCU members qualify to participate in this scholarship program.

The application period is now closed.

Group of students reading together
Group of students

Warren A. Morrow Memorial Scholarship

Traditional students:
Open to any IHMVCU member high school and post-high school students planning to enroll in post-secondary education in 2024.

Non-traditional/continuing education students:
Open to any IHMVCU member attending or planning to attend an accredited undergraduate or vocational program in 2024.

The application period is now closed.

2023 Cash for Class Recipients:


Lillyana Mitchell: $10,000 winner
Parker Hann: $5,000 winner
Drake Hanson: $5,000 winner

Alyssa Gauss: $1,000 winner
Grace Gustafson: $1,000 winner
Jena Edwards: $1,000 winner
Billie Dieterich: $1,000 winner
Andrea Porubcin: $1,000 winner
Paige Durant: $1,000 winner
Rosa Perez: $1,000 winner
Iratze Aceves: $1,000 winner
Kendal Bennison: $1,000 winner 
Brady Warner: $1,000 winner

 


 

 

 

View all of our 2023 Cash for Class scholarship winner surprise videos on YouTube.

Close Window
Close Window

Third Party Disclaimer

By continuing you will be leaving the main IHMVCU website. Even though you may have clicked on a link that takes you to another company's site that we have partnered with, we are not responsible for the accuracy, security, or content of their website. We encourage you to view privacy and security disclosures of all websites you visit.

Continue to:

Thanks for signing up!

Subscribe to our mailing list

What's your age range?
What financial services are you interested in?
What would you like to know more about?
What are you saving for?
Are you an IHMVCU member?
Please also send me. . .

* Everything but your first name and email is optional