People Helping People Scholarships

About the Scholarships 

As a not-for-profit credit union, we were founded on the belief that everyone deserves opportunities to achieve a brighter financial future. We also believe that knowledge increases your earning potential and gives you the power to make the most out of your money. This is why we have created the “People Helping People” Scholarship program that helps reduce the financial burden of pursuing postsecondary education.

In 2026, EIFCU will award a $1,500 scholarship to one high school senior and a $1,500 scholarship to one continuing education student. The scholarship may be used by a student pursuing either an undergraduate degree or a certification at an accredited college/university/trade school.

If you know a student who is also a member of EIFCU, encourage them to apply.

Eligibility information

Applicants must be a member of Eastern Indiana Federal Credit Union with an account in good standing.

High School Scholarship applicants must be a graduating High School Senior. All high school students in Henry, Delaware, Hancock, & Madison County are eligible to open an account with Eastern Indiana Federal Credit Union with a $5.00 deposit. Continuing education students must be a student or planning to be a student next school year in higher education (i.e. college, university, technical school).

Other criteria considered are academics, extracurricular activities, community activities, and work history.

College scholarship applications are due to EIFCU by March 31.

Applications are available at all public high schools in Delaware, Hancock, Henry, and Madison counties, and in the lobby at EIFCU, 801 S. Memorial Drive, New Castle, IN or by email request to mgmt@easterninfcu.com