You are the Future Scholarship

$1,000Award Amount
1Number of Awards
10/14/2022Submission Deadline

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The “You are the Future” Scholarship is sponsored by Financial Plus Credit Union, a financial cooperative that is owned and managed by its members. They have a host of online banking and credit services that earned them the vote as Michigan’s best Credit Union.

“You are the Future” Scholarship is an award program created to support students in the state of Michigan who are looking to advance their education. The program offers up to $1,000 in financial support to a deserving student to help facilitate their undergraduate education.

Applicants are to submit a 500-word essay on why they bank at a credit union, provide current school transcripts, and must have a myCollege Checking Account at Financial Plus Credit Union prior to applying. One recommendation letter is also requested. After evaluation, the winner will be contacted by the end of October.

Key Information of You are the Future Scholarship

Study Details

Area of Study


Country of Study

United States

Specific Schools


Scholarship Details

Intended Level of Study


Award Amount


Number of Awards


You are the Future Scholarship Timeline

August 2022

Application Opening Date

Applications open on August 15.

October 2022

Submission Deadline

The submission deadline is on October 14

October 2022

Awards Announcement Date

The winner is announced on October 31.

Scholarship Eligibility

To be eligible to apply, applicants must meet the following criteria.

  • Eligible Grade: High School Senior – Undergraduate
  • Maximum Age: Any
  • Required GPA: 3
  • Geographic Eligibility: Michigan
  • Gender: Any
  • Race/Ethnicity: Any

Application Requirements

Here’s what you need to submits besides your application.

  • Essay
  • Grade transcript
  • Recommendation letters

How to ace the You are the Future Scholarship


Stick to the required word count

You’ll be required to write a 500- word essay, explaining why you bank at a credit union. Articulate your words and ensure you don't exceed the required word count.


Employ storytelling

On review of past applications, we discovered that applicants’ stories endeared the scholarship committee to them. Use this strategy when writing your essay.


Get recommendations from people within your community

A good recommendation from prominent people in your area can do a lot for you during the scholarship review. Take time in your search and use the best out of your options.


Show your academic prowess

Although a 3.0 GPA is required, having better grades can help you stand out. Attach your transcript to your application.

How the You are the Future Scholarship is Judged

For this scholarship, you’ll be judged based on the content of your essay. You also need to adhere strictly to the application requirements otherwise you’ll be disqualified.

Why We Love the You are the Future Scholarship


All your information will be kept private

The committee will ensure your personal information won’t be shared with anyone.


The scholarship eliminates uncertainties

There are many financial uncertainties that come with gaining an academic degree. This scholarship helps reduce those uncertainties.


Opportunities for Michigan students

Education can be a bit expensive in Michigan. The scholarship supports students based in the state of Michigan who have issues putting themselves through school.

5 Facts About “You are the Future” Scholarship


Family members are not included

Students, whose family members are affiliated with the Financial Plus Credit Union, are not eligible to participate in this scholarship.


This scholarship has no history of discrimination

Financial Plus Credit Union does not discriminate based on religion, national origin, sexual orientation, age, gender, race, color, height, weight, disability, or marital status.


For full- and part-time students

The “You are the Future” Scholarship is open to full- and part-time students.


Unclaimed scholarships are forfeited

If the recipient of the scholarship fails to claim the scholarship by October, the scholarship will be forfeited to a runner-up.


Candidates must be enrolled in school

If an applicant isn't enrolled in a tertiary institution by the required date, the person will be disqualified.

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