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Self-Help Credit Union

Community Scholarship


Herbert C. Arico Scholarship Information & Instructions

Information

The application period is now open for our 2026 Scholarship. Read all of the information on this page and click here to access the scholarship application.

Purpose

To provide financial assistance to those who are committed to improving their lives and their community by furthering their education.

Eligibility

Anyone who plans to attend or is attending any post-secondary educational institution is eligible. Qualifying institutions include universities, colleges, technical schools, trade, and vocational institutions.

Self-Help employees and board members and their immediate families are not eligible to apply. A "Family Member" is a person's spouse, parents, siblings, children, and life partner; the parents, siblings and children of a person's spouse or life partner; and anyone living within the person's household as a family member.

Application Process

All applicants will complete and submit a scholarship application online by March 31, 2026, for an opportunity to be awarded $1,000.

Selection Process

A selection committee of three or more Self-Help staff members will review each application. The committee will meet as soon as possible after the application deadline to review and assess all applications. Once a decision is made, the scholarship recipient will be notified by the committee.

IMPORTANT: Scholarship recipients have 10 business days to respond and accept the award. If an applicant does not respond, then a new applicant will be selected and awarded.

Scholarship Amount

Our Manchester and North Windham branches each may award up to four $1,000 scholarships.

Distribution

The scholarship will be paid directly to the recipient's school. The funds may be used for tuition, room, board, books, and/or materials. A letter of acceptance or proof of enrollment is required from the selected scholarship recipient before funds can be awarded.

Photo Opportunity

A photo is requested of each scholarship recipient. A photo can be taken at your local branch, or you can send a photo by email. A photo release must be signed. If there is opportunity to present the scholarship at a public event, please inform the staff at your local branch.

2025 Scholarship Winners