MTEFCU is now Breakwater Federal Credit Union

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College Scholarships

Please note the application window for our 2024 scholarships have been granted.

Each year, the BFCU accepts scholarship applications from students who are graduating high school that year, and three applicants are selected to receive a $1,000 scholarship to assist with post-secondary education costs.


Who can apply for the scholarship?

You must fulfill all of these criteria in order to apply:

  • Be a member of the BFCU
  • Be a high school senior on track to graduate before the Fall 2024 college semester begins.
  • Be scheduled to begin a post-secondary educational institution in Fall 2024
Where can I get a copy of the application?

The application window for our 2024 scholarship has now closed. Please check back in February 2025 for our next scholarship opportunity.


How do I apply for the scholarship from BFCU?
  1. Complete the application form.
  2. Turn in the completed form, along with a one-page essay and two reference letters, by the deadline.
What happens next if I am one of the chosen recipients?

We will contact you to let you know if you won.  Recipients should attend our Annual Meeting (date TBD) to accept the award, and in order to claim the funds, you will need to provide the BFCU with a copy of your fall semester course schedule.

Closure notice

We will be closed Thursday, July 4 in observance of Independence Day and apologize for any inconvenience to our members.

Remember, you can perform most of your banking business via our mobile app or the two 24/7 deposit ATMs in our drive-thru!