Scholarship Program

The SECU MD Foundation has proudly supported members furthering their education for over 17 years through our annual scholarship program. Since the program’s inception, we’ve awarded over $930,000 to more than 300 scholars. This year, the program will surpass $1 million in scholarship awards to our members!
Members who are attending a college or university, community college, or trade school for their undergraduate, post-graduate, or certificate program for the 2023-2024 academic year are encouraged to apply.

Applying for a SECU MD Foundation Scholarship

Applications for the 2023 Scholarship Program will be accepted through May 5, 2023. The application includes a 500 – 750 word essay on the following prompt:

Whether you are graduating high school or currently in college, it’s more critical than ever that you start taking responsibility for your financial future. It’s also important for you to understand the things that will most impact you as you begin transition to life after school over the next few years. In your essay, tell us the most important financial topics that you believe will help you on your journey to financial success (budgeting, credit score, retirement planning, etc). What has been your primary source of financial education? Do you think this is the best way to learn how to be financially responsible? How do you see your financial education impacting your future financial goals?

Applicant Eligibility

  • Applicants must be a SECU member in good standing. Parental SECU membership does not qualify an applicant for the Scholarship Program. Learn more about becoming a member.
  • Applicants must be attending a 2 or 4-year college, university, trade, or technical school for the fall semester for either undergraduate or post-graduate work.
  • Application must be completed by the student seeking scholarship funds. Parents cannot apply on behalf of their children.


All applicants must be a SECU member to apply. If your child needs to open their SECU account, please visit our SECU website for more information about how to open an account or make an appointment with your closest Financial Center.

Applicants will need to complete an application and will be asked to write a 500 – 750 word essay on a pre-determined essay prompt.

All applicants will be notified of the status of their scholarship application by mid-June each year.

The amount awarded for scholarships changes each year, but generally award amounts are in the $2,000 – $5,000 range.

This Scholarship Program is made possible through contributions from generous donors who believe in empowering access to education. If you would like to support this program, we invite you to make a donation.

Please send an email to the SECU MD Foundation regarding all scholarship inquiries.

Past Scholarship Recipients

2022 Scholarship Winners

2021 Scholarship Winners

2020 Scholarship Winners