Student Scholarships

Credit Unions of BC Bursary Program

Open for application, September 1, 2020 - October 15, 2020.  

Did you know that the Credit Unions of BC Bursary Program awarded over $145,000 in bursaries in 2019?

RCU is a proud to help BC students reach their post-secondary education goals through the Credit Unions of BC Bursary Program. Submit your bursary application today and get help towards funding your future!

You don’t have to be a credit union member but joining is easy and will make you eligible for more of our bursaries.

 To qualify for funding, applicants must also meet the following criteria:

  • Be able to demonstrate financial need.
  • Reside in BC and be a Canadian Citizen, a permanent resident of Canada, or designated as a protected person.
  • Have proof of post-secondary enrolment in an academic, vocational, technical, or technological program and transcripts. Please note: graduate and post-graduate students are not eligible.
  • Enrolment must be in a public Canadian post-secondary institution at the time of application. Applicants attending accredited private institutions will only be considered if their chosen program is not offered at a public institution. In this case, applicants must provide a statement as to why they are not attending a public institution, as well as a receipt for tuition. 
  • Important Deadlines:

If attending:

Application open for submission:

Application Deadline:

Award Notice:

Fall semester

September 1

October 15


Winter semester

January 1

February 15


Spring/Summer semester

May 1

June 15



Fred Olynyk Bursary - Opens February, 2021

Revelstoke Credit Union values education and we believe by helping students with their education goals we can improve our community. Each year we offer the "Fred Olynyk Bursary" to help with the cost of post-secondary education. For detailed information please drop by our office or call (250) 837-6291 to speak with our scholarship coordinator. They will assist you in completing the process.

General Criteria:

  • The award amount is $3000.00
  • Students must provide the most up-to-date transcripts of their marks
  • The scholarship is payable upon receipt of proof of registration in a Post-Secondary institution within two years of the award
  • Students must produce a 250-word essay. The contest is open for six weeks each winter and the topic changes yearly. Interested applicants may call for the current topic
  • Scholarship applicants must be a Revelstoke Credit Union member since at least September of the previous year
  • Revelstoke Credit Union will select the successful applicant from all applications submitted

The Fred Olynyk Bursary Essay Topic for 2020 is:

The City of Revelstoke has recently undertaken a visioning exercise and survey in anticipation of revising the City's Official Community Plan.  Please express your vision for the future of Revelstoke. 

The deadline for submissions was midnight, on March 4th, 2020Contact us with any questions. 

Submit your applications to Erin Russell.

The full application package will be available early in 2021.

Valeyo Learning Grant Program

Apply for a $1,000 Learning Grant to support you in your post-secondary studies. The program runs between February 17-April 17 annually and is open to any student who is a member of a participating credit union.

Valeyo is a proud supporter of Canadian Credit Unions. An important part of our community and yours.

Valeyo is an Insurance Services provider for Canadian Credit Unions.
More about Valeyo.


Fred Olynyk Bursary 2019

Cohen Lussier-2020 Recipient

We would like to congratulate the 2020 bursary winner, Cohen Lussier, and wish him all the best in the future.  Cohen is pictured here receiving his award from an RSS Staffer.  Here is the winning essay.