The TEUCU Essential Life Skills Grant

TEUCU is dedicated to contributing to our members’ well being and personal development and as such we want to help provide students with opportunities to pursue post-secondary education. In an effort to prepare young people for the future and encourage them to become contributing and successful members, the credit union wants to award a $1,000.00 grant to help fund the expenses for students in their pursuit of higher education.

Eligibility Requirements

  • Applicants must be members in good standing with The Toronto Electrical Utilities Credit Union Limited (TEUCU).
  • Applicants must be the primary member of their own account, not just a joint owner on someone else’s account.
  • Applicant’s TEUCU account must be active and opened at least six months prior to submission of application.
  • Applicants must have already applied to, and have been accepted by an accredited college, university or vocational school for the current school year. Or have successful completion of at least two semesters at an accredited college, university or vocational school in the previous year and are currently enrolled at an accredited college, university or vocational school for the current year.
  • Employees or volunteers of TEUCU and members of their immediate families are not eligible to receive the TEUCU grant.
  • The TEUCU Selection Committee has final and binding discretion to decide all questions respecting the awarding of the TEUCU grant, its administration and its terms.

Process

  • All eligible applicants will be considered for the grant.
  • TEUCU awards one $1,000.00 grant each year.
  • All prospective students must submit a signed and completed application, postmarked on or before TBA.
  • Students must submit a high school or college/university/vocational school transcript showing cumulative GPA.
  • Submit up to a 500 word essay about what makes them deserving of the TEUCU grant as part of the TEUCU grant application.
  • Applicants’ submissions will not be returned.
  • Selections will be made by an impartial committee appointed by the Board of Directors.
  • All scholarship cheques will be made payable to the student attending college/university or vocational school.
  • All Applicants will be notified of the committee’s decision no later than TBA.
  • Applicants who receive the grant must authorize the release of any information relating to their application to the TEUCU Essential Life Skills Grant Program. Information may be requested from high school, college, university, vocational schools, government, or community sources, and may include personal evaluations and transcripts. The information resulting from such a request may be used for the grant program publicity or promotional purposes. Applicants who receive the grant will also be required to submit, or have a digital image of them captured by authorized TEUCU staff personnel for use in TEUCU Essential Life Skills Grant promotion and newsletters.
  • Personal information (other than the information mentioned above) of all applicants will be kept strictly confidential.
  • Applications may be obtained from your credit union at either of the two branch locations or via our website by completing our application online.
  • TEUCU may modify or discontinue this program at any time.

Selection Criteria

Personal development is an ongoing journey and acquiring the essential life skills to maximize your full potential is necessary to live a full and vibrant life. Your journey starts with a good foundation of knowledge, effort and consistent concerns for the improvement of yourself and your community. TEUCU recognizes the value of dedication, innovation and hard work. Your commitment to making the world a better place by making a difference will make you eligible for consideration of the TEUCU Essential Life Skills Grant of $1,000.00 to help you towards the cost of your post-secondary education.

The TEUCU Essential Life Skills Grant is designed to reward all-around excellence. This grant will be awarded to students based on a combination of:

  • academic achievements;
  • noteworthy participation in extracurricular activities in and outside of school;
  • community involvement;
  • notable involvement in making a difference in your community or in other lives through the values of trust, loyalty, compassion;
  • demonstrated capacity for leadership (for example, students who have shown leadership in the areas of local employment programs, environmental clean up, support group creation, family services or similar initiatives);
  • outstanding commitment to doing good during difficult times;
  • illustrated involvement in special endeavors or circumstances, volunteer service or other special activities;
  • financial need;
  • demonstrated innovation for self-improvement;
  • solid commitment to future aspirations;
  • evaluation of candidates essay and self-assessment;
  • any outstanding achievement for the betterment of other lives.


TEUCU Essential Life Skills Grant Application Form