Our Opportunities

Welcome to the Redstone Federal Credit Union (RFCU) Scholarship Portal. The application is available December 1 2019 and closes February 28 2020 for the 2020-2021 Academic year. Scholarship award notifications are sent to applicants during the month of May. All applicants will be notified of their application decision by May 31 2020.

Redstone Federal Credit Union (RFCU) Scholarship Program recognizes, rewards, and supports its members in their pursuits for higher education by awarding scholarships to dedicated member students.

Eight of the scholarships are awarded to students attending one of Redstone’s eight partner schools, including Alabama A&M University, J.F. Drake State Community and Technical College, The University of Alabama in Huntsville, Middle Tennessee State University, Northeast Alabama Community College, Oakwood University, Calhoun Community College and Athens State University.

The Clyde D. Bean Memorial Scholarship is open to Tennessee residents only, however students may be applying to/attending any accredited college or university.

The remaining ‘At-Large’ scholarships will be awarded to members attending any other accredited college or university.


To be considered for a scholarship you MUST meet ALL of the following qualifications

  • Must be a primary account holder (Tax Reported Owner), not solely a joint on an account
  • Must be a member in good standing, having never caused RFCU a loss
  • Must be pursuing an associate’s or bachelor’s degree at an accredited college or university
  • Can Not be an RFCU employee, elected member of the Board of Directors or, any member of a Redstone volunteer committee


Application Deadline

  • Application must be submitted online no later than 11:59 P.M. CST February 28, 2020.
  • Applications will not be accepted if mailed in or dropped off at a branch location.

Selection Process

Applications will be evaluated by the Scholarship Committee. All applicants, both selected and not selected, will be notified of their application status by email no later than May 31, 2020.

To apply you will need the following items

  • Completed Application form to be submitted online no later than 11:59 P.M. CST February 28, 2020. You do NOT have to apply to each of the scholarships opportunities individually. You will complete the General Application and the system will match you to qualifying scholarships. If the scholarship needs additional information after the General Application is completed, you will be prompted to include that additional information.
  • Essay 300-500 words
  • Short answer response(s)

Eligibility

  • Redstone Federal Credit Union Scholarship applicants must be a Primary Account Holder (Tax Reported Owner), not solely a joint on an account and in good standing at Redstone having never caused RFCU a loss.
  • RFCU employees, elected members of the Board of Directors or, any member of a Redstone volunteer committee, are ineligible.
  • Any immediate family members of a RFCU employee, elected member of the Board of Directors or any member of a Redstone volunteer committee, are ineligible for the general membership application.
  • Applicants must be pursuing an associate’s or bachelor’s degree at an accredited college or university for the Fall 2020 semester.
Opportunities Table
Award Name Actions
Varies Redstone Federal Credit Union Clyde D. Bean Memorial Scholarship
The RFCU Scholarship for RFCU Clyde D. Bean Memorial Scholarship is for Redstone Federal Credit Union Member students who is a Tennessee resident,...
The RFCU Scholarship for RFCU Clyde D. Bean Memorial Scholarship is for...
  • Deadline: 02/28/2020
  • Award: Varies
Deadline02/28/2020
Varies Redstone Federal Credit Union Scholarship for J.F. Drake State Community and Technical College
The RFCU Scholarship for J.F. Drake State Community and Technical College is for Redstone Federal Credit Union Member students who will be pursuing...
The RFCU Scholarship for J.F. Drake State Community and Technical...
  • Deadline: 02/28/2020
  • Award: Varies
Deadline02/28/2020
Varies Redstone Federal Credit Union Scholarship for Middle Tennessee State University
The RFCU Scholarship for Middle Tennessee State University is for Redstone Federal Credit Union Member students who will be pursuing an...
The RFCU Scholarship for Middle Tennessee State University is for...
  • Deadline: 02/28/2020
  • Award: Varies
Deadline02/28/2020
Varies Redstone Federal Credit Union Scholarship for Oakwood University
The RFCU Scholarship for Oakwood University is for Redstone Federal Credit Union Member students who will be pursuing an undergraduate degree at...
The RFCU Scholarship for Oakwood University is for Redstone Federal...
  • Deadline: 02/28/2020
  • Award: Varies
Deadline02/28/2020
Varies Redstone Federal Credit Union Scholarship for University of Alabama Huntsville (UAH)
The RFCU Scholarship for University of Alabama Huntsville (UAH) is for Redstone Federal Credit Union Member students who will be pursuing an...
The RFCU Scholarship for University of Alabama Huntsville (UAH) is for...
  • Deadline: 02/28/2020
  • Award: Varies
Deadline02/28/2020
Varies Redstone Federal Credit Union Scholarship for Alabama A&M University
The RFCU Scholarship for Alabama A&M University is for Redstone Federal Credit Union Member students who will be pursuing an undergraduate degree...
The RFCU Scholarship for Alabama A&M University is for Redstone Federal...
  • Deadline: 02/28/2020
  • Award: Varies
Deadline02/28/2020
Varies Redstone Federal Credit Union Scholarship for Athens State University
The RFCU Scholarship for Athens State University is for Redstone Federal Credit Union Member students who will be pursuing an undergraduate degree...
The RFCU Scholarship for Athens State University is for Redstone Federal...
  • Deadline: 02/28/2020
  • Award: Varies
Deadline02/28/2020
Varies Redstone Federal Credit Union Scholarship for Calhoun Community College
The RFCU Scholarship for Calhoun Community College is for Redstone Federal Credit Union Member students who will be pursuing an undergraduate...
The RFCU Scholarship for Calhoun Community College is for Redstone...
  • Deadline: 02/28/2020
  • Award: Varies
Deadline02/28/2020
Varies Redstone Federal Credit Union Scholarship for Northeast Alabama Community College
The RFCU Scholarship for Northeast Alabama Community College is for Redstone Federal Credit Union Member students who will be pursuing an...
The RFCU Scholarship for Northeast Alabama Community College is for...
  • Deadline: 02/28/2020
  • Award: Varies
Deadline02/28/2020
Varies Redstone Federal Credit Union Scholarship- At Large Category
The RFCU Scholarship At Large Category is for Redstone Federal Credit Union Member students who will be pursuing an undergraduate degree at any...
The RFCU Scholarship At Large Category is for Redstone Federal Credit...
  • Deadline: 02/28/2020
  • Award: Varies
Deadline02/28/2020