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STATUS: Application deadline has passed. No longer accepting applications. 

We award 25 one-year college scholarships annually for graduating high school seniors and students attending colleges, universities and trade schools. All scholarships are for $5,000, payable in one installment to the school, and may be applied to tuition, textbooks, computers and other fees.

Application requirements

Applicants must be members of LGFCU with an individual Share Account or joint Share Account with a parent or guardian. UTMA Accounts do not qualify as membership accounts. Applicants also must:

  • Have a minimum unweighted GPA of 3.5 or higher
  • Be a full-time undergraduate or trade school student
  • Submit official school transcripts
  • Include two references as indicated on the application

Scholarship selection process

The LGFCU Scholarship Committee selects the winners, who are notified in April.

If you have questions about the application process, email us at or call us toll-free at 800.344.4846.

Meet the 2021 Scholarship Winners

Congratulations to all of LGFCU’s 2021 scholarship recipients.

This past year has been unlike any other, and we recognize the hard work and dedication it took to get here.

This year, we awarded 25 graduating high school seniors including students attending colleges, universities and trade schools with a one-year, $5,000 scholarship.

We commend the effort of all of our scholarship recipients and wish you great success. We can’t wait to see all that you accomplish.

Since we began the scholarship program, LGFCU has awarded over $1 million in scholarship funding to students. Find out more about the LGFCU Scholarship at

Other financing methods

Check out the Coverdell Education Savings Account as another way to cover the costs of higher education. Start saving early to take advantage of the tax benefits of this deposit account.

There are many college scholarship websites and the College Foundation of North Carolina (CFNC) is one that’s a good resource for information on many college-related topics such as financial aid, grants and scholarships. As a federally chartered credit union, LGFCU cannot participate in CFNC programs.

LGFCU member Amelia G.
LGFCU’s process was a lot easier than some. It was nice being able to fill out the application online.
Amelia G.Spring Hope