As part of our Member Rewards Program, Interior Savings is offering up to 1,000 post-secondary education bursaries of $1,000 in 2018.

Million Dollar Bursary Application Form

Applicants must fulfill the following criteria to qualify for a $1,000 bursary in 2018:

  1. Complete the online bursary application by February 28, 2018.
  2. Be between 17-24 years of age at any point during the 2018 calendar year.
  3. Be a member of Interior Savings Credit Union. New members are welcome – just make sure to become a member before Feb. 28, 2018.
  4. Be normally resident of the communities we serve.
  5. Be a first-time recipient of this award; you may only receive an award from this program once.
  6. Use Interior Savings as your everyday banking account with ongoing activity every month and you must keep your account in good standing. This could mean:
    1. You have payroll deposited or at least 2 automatic bill payments every month, or
    2. You are using your account consistently for multiple debit card purchases and transactions* each month

* This does not mean transferring small amounts of funds in and out of the account on a monthly basis. This would not be deemed a monthly transaction. Interior Savings reserves the right to apply its discretion in determining whether transactions are legitimate.

  1. You must be enrolled in full-time studies in a degree, diploma, or trade certification program at a designated post-secondary institution,
  2. Tuition costs must be $1,000 or greater, AND
  3. Your semester start date must fall between September 1, 2018 and August 31, 2019.

If there are more than 1,000 applicants, bursary recipients will be determined in this order:

1. Has the applicant met all of the eligibility criteria (mandatory)
2. Preference will be given to students graduating high school and entering their first year of full-time post-secondary studies.
3. Bursaries will be awarded based on the order in which the applications were received.

Awards will be disbursed as early as September 2018 once all requirements of the above eligibility criteria have been fulfilled and Interior Savings has received proof of payment for full time tuition for at least one semester, provided the tuition cost exceeds $1,000.

  • February 28, 2018: Deadline to apply for the bursary; also the deadline to become a member if not already.
  • May 15, 2018: Applicants will be notified by email if they have qualified for a 2018 bursary.