Scholarships

The 2020 Scholarship Program will reopen on December 2, 2019.

In honor of our 15th anniversary, the Northwest Federal Credit Union Foundation awarded $150,000 to 26 recipients on June 12, 2019 as part of this year’s 2018 Scholarship Program. 

Since its inception in 2005, Northwest Federal Credit Union Foundation has awarded $1,407,000 to a total of 310 award recipients, with additional financial contributions from The Central Intelligence Retirees Association (CIRA) and NW Capital Management, to deserving students who have demonstrated leadership, dedication and commitment in school, at home and in the community. 

NWFCU Foundation understands that with the rising tuition costs and burden of student loans, many students need assistance paying for college. The Foundation encourages students seeking financial support to pursue higher education to consider applying for one of the following scholarships:

Ben DeFelice Scholarship

NWFCU Foundation established the Ben DeFelice Scholarship to pay tribute to Mr. DeFelice, NWFCU's longest running Chairman of the Board (31 years) and nine-year veteran of the Board of NWFCU's subsidiary, NW Capital Management LLC. A dedicated leader and visionary, Mr. DeFelice played a pivotal role in the development and success of NWFCU.

CIRA Scholarship

The Central Intelligence Retirees Association (CIRA) is comprised of current and former CIA Officers who understand the sacrifices made by current CIA officers. CIRA - in collaboration with the NWFCU Foundation - created the CIRA Scholarship Program in recognition of the demands placed on CIA families and the importance of supporting the educational goals of the children and grandchildren of current and former CIA officers.

Need-based Scholarship and CTE Scholarship

NWFCU Foundation established its Need-based Scholarship to assist students with serious financial hardship and very limited resources to pursue a college education. For the 2020-2021 school year NWFCU Foundation has chosen to partner with two very worthwhile nonprofits, Second Story and Mobile Hope in accepting applicants for our need-based scholarships. This year only applicants who have letters of referral/recommendation from either Second Story or Mobile Hope will be considered for need-based scholarships.

Thanks to a generous grant from Diane Canney of Sunset Hills and 50 West Vineyards, NWFCU Foundation will be offering Career and Technical Education (CTE) scholarships to applicants who have letters of referral/recommendation from either Second Story and Mobile Hope. Canney’s passion for and dedication to continuing career and technical education for today’s youth is an inspiration. The Foundation is excited to add this new scholarship to our portfolio.

FAN Scholarship

Thanks to a generous grant from the Financial Awareness network, Northwest Federal Credit Union will be offering Financial Awareness Network (FAN) Scholarship opportunities beginning with the 2020-2021 school year. Students must reside in Northern Virginia and must be using the funds for undergraduate education.  Students applying for FAN scholarships will be required to write an essay addressing the topic of Financial Literacy.

Higher Education Community College Award

NWFCU Foundation established its Higher Education Award in partnership with local community college(s) to provide assistance to college students on the brink of completing their associate’s degree and who otherwise do not have the funds to complete their education.

If you have questions about the scholarship application, please contact us:

Phone: 703-925-5043
Email: scholarship@nwfcu.org
Hours: 8:00 am - 3:00 pm ET