News & Events

2019 CU Succeed Youth Bursary - $100,000 Available! Expand/Collapse

The CU Succeed Youth Bursary was
established in 2016 by the Ontario
Credit Union Foundation.

Over the past three years, we have
awarded $186,000 to 116 students. 

Click here to apply!

The Foundation provides funding for the CU Succeed Youth
Bursary program open to resident Ontario post-secondary
students in need of financial assistance for academic,
technological, or vocational training.

The bursary will be awarded based primarily on two criteria – 
demonstrated financial need, and community involvement.
When reviewing the application, we also consider:
• Applicants (or their parent) must belong to a credit union which
is a member of Ontario Credit Union Foundation (listing here)
To receive an award the award recipient must have a credit union

• Youth is defined as age 25 by June 30, 2019. (Prior bursary
recipients continuing their studies are eligible beyond age 25.)
• Programs of study may be academic, vocational, or technical.
• Rather than obtain detailed information to demonstrate financial
need, we expect you to have applied to the Ontario Student
Assistance Program (OSAP). A copy of your notice of assessment
is required. Please note, if OSAP application is not accepted you
may still apply.
• Acceptable grades (65% or higher) are required.
• Applicants must be Ontario residents and Canadian Citizens or
have Landed Immigrant status.
• Applicants must be a graduating high school student or in
attendance at a public post-secondary institution in Ontario.
• Graduate and post graduate students are not eligible. However,
students on designated programs of study required to become a
professional such as a lawyer, doctor, teacher, etc. may apply.

Award Amounts:
Awards range from $1,000 to $3,000. We will award up to $100,000
 in awards in 2019.

Selection and Award Process:
1. The Awards Committee will review all applications and take into
consideration the demonstrated financial need, community involvement,
personal statement of special circumstances, grades, etc. All decisions
are final and will be conveyed in an email.
2. If a Foundation award is approved, it will be disbursed directly to
your credit union account.
3. You may be asked to attend your local branch for a photographic
presentation which may be used in the Foundation’s and/or credit
union’s newsletter or on the website as this is a means of showing
the donors their contributions are at work.

Application Process:
1. Applications are to be submitted online by the timetable deadlines
noted below.
2. All content on the application is deemed important, but special
attention will be given to your video or minimum 500-word essay on
why you should receive a bursary from OCUF.
3. Please note the two requested letters of reference must be from
an independent third party (i.e. school teacher, employer, coach, etc.)

Applications open April 30, 2019. Applications close June 30, 2019.

Click here to apply!

Fraud Awareness - The Little Black Book of Scams Expand/Collapse

Scammers are sneaky and sly. They can target anyone, from youngsters to retirees. They can also target businesses. No one is immune to fraud.

To help people recognize fraud when they see it, the Government of Canada has released the Little Black Book of Scams.

Learn more about fraud from the Government of Canada website:

Guide to Setting Up Online Banking Expand/Collapse

Let Sarah guide you through the initial setup of your new online banking account!


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