Scholarships

The Peter F. Smith Memorial Scholarship

UBI Federal Credit Union accepts applications for the Peter F. Smith Memorial Scholarship annually from January 1st through May 15th. Three $500.00 scholarships are awarded based on academics as well as community or school voluntary activities. This scholarship is not solely based on academics; community or school voluntary activity is equally important.

Applicant Eligibility Requirements:

  • Must be a UBI Federal Credit Union member in good standing (joint members not qualified).
  • Attending or accepted into an accredited college, university or vocational school.
  • Display achievement in school or community-related voluntary activities.
  • Demonstrate respect and commitment to family and friends.

This award must be used for educational purposes. Applications must be received by May 15th.

Application Procedures:

  • Fill out scholarship application form.
  • Include a personal letter to the scholarship committee telling them a little about yourself.
  • Include two letters of recommendation:
    • If you are a student, one letter must be from a teacher or guidance counselor. The second must be from someone that knows you personally.
    • If you are a working adult, one letter must be from your employer or supervisor. The second letter must be from a personal friend, family member or member of the community.

Application Due Date:

  • Applications are available on or near the 1st of each year.
  • Applications must be received by May 15

Scholarship applications are available here online, or by walking into our Plainville or Berlin offices, or you may call Guy at 860-793-4113 or Kathy at 860-793-4100 to request one.