In an effort to combat COVID-19, if you are sick or have been recently, please do not come into our lobbies, but instead use a drive thru location, Online Banking, or our Contact Center. Thank you!

Scholarship Program

interior masthead overlay
Home | Explore | Community | Scholarship Program
- A A A +

Scholarship Program

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