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Velocity Scholarships

We give back by helping tomorrow’s leaders cover today’s education expenses.

Each year, our Board of Directors awards three graduating seniors a $5,000 scholarship to the college or university of their choice. An ongoing scholarship of $3,000 is available to previous years’ awardees. This is the 29th year for our scholarship program, and to date we have awarded more than $200,000 in grants.

2021 Scholarships

The Velocity Credit Union Board of Directors will once again offer three $5,000 scholarships to deserving high school seniors in the Austin area. In order to apply, applicants must:

  • Have been a member in good standing of Velocity Credit Union for a minimum of 6 months.
  • Be a graduating senior from an accredited high school located in the Austin metropolitan area during the 2020-2021 academic year.
  • Be accepted by April 1, 2021 for admission as a freshman to an accredited college, university or equivalent institution for the fall 2021 semester.

2021 Application Exceptions:

Online transcripts will be accepted in lieu of the official provided by the school for the 2021 Velocity scholarship.