MTEFCU is now Breakwater Federal Credit Union

College Scholarships

Note: We are no longer accepting applications for the 2023 college scholarships.


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 2023 college semester begins.
  • Be scheduled to begin a post-secondary educational institution in Fall 2023
Where can I get a copy of the application?

The 2023 applications are now closed. In Feburary 2024, the application will again be available for download here.

How do I apply for the scholarship from BFCU?

1. Complete the application.

2. Turn in the completed application, along with a one-page essay and two reference letters, by the specified 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 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.

Please Note

We will be closed Monday, October 9 in observance of Columbus Day & Indigenous People's Day.

You can deposit cash/checks via our
on-site ATMs and do most of your banking via our mobile app when we're closed!