LOS ANGELES, Nov. 9, 2026 /PRNewswire/ -- University Credit Union (UCU) is currently accepting applications for its 2027 Scholarship Program, which provides four $5,000 awards to student members who demonstrate exceptional leadership, advocacy, and community service. This annual initiative aims to alleviate the financial burden of higher education while recognizing individuals who drive positive social change within their institutions.

Interested applicants can access the official application and full eligibility requirements at ucu.org/scholarship.

"Education has the power to transform lives, strengthen communities, and open doors to new opportunities," said UCU's President and CEO, Richard Wada. "Through our scholarship program, we are supporting students who are not only striving for academic excellence but are also addressing barriers, leading with purpose, and creating a lasting impact for others."

2027 Scholarship Categories

To ensure a broad impact, the program features four distinct awards that align with the organization's commitment to service and equity:

  • Al Aubin Advocacy Scholarship: Recognizes students who have actively worked to reduce barriers for underrepresented groups in higher education.
  • Jane Permaul Women in Leadership Scholarship: Celebrates individuals who have demonstrated leadership and helped advance professional opportunities for women.
  • Norma Iadevaia Service and Leadership Scholarship: Honors students who exemplify resilience and a consistent commitment to community service.
  • Financial Advantage Scholarship: Supports students who plan to use their education to create a measurable positive impact in their local communities.

Applications are open to current student members across all levels of study, including high school, undergraduate, and graduate programs. Candidates are required to submit an essay of 500 words or less addressing the specific criteria for their selected scholarship category.

A selection committee comprising representatives from the credit union will review all submissions to identify one recipient for each category.

The deadline for electronic submission of all application materials is February 22, 2027.

UCU is a purpose-driven financial cooperative dedicated to providing a financial edge to the university community. Founded in 1951 on campus by UCLA employees, UCU focuses on member-owner participation and returns profits to its members through better loan rates, higher savings rates, and lower fees. Today, serving over 60,000 members, UCU offers a range of financial products and services, including checking accounts, loans, and insurance, while emphasizing community support and financial education. Learn more at ucu.org.

Contact: Derek Knowlton Email: [email protected] Phone: 800.UCU.4510