American 1 awards scholarships worth $1,000 each to Michigan students who will be continuing their education after high school graduation. Applying students must be a resident of Michigan and a senior in high school who is planning on attending some form of higher education. Applicants do not need to be a member at American 1 Credit Union.* Our scholarships are funded through our loan Skip-a-Pay program, where American 1 members can choose to skip one month’s loan payment for $25.**
The 2021 Scholarship Program application will be available in early spring 2021.
*Immediate family members of American 1 Employees or Board Members are not eligible
**The interest on the loan will continue to accrue through the deferred payment period