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Bursary Opportunities




The Fred Olynyk Bursary

2022 recipient is Alyssa Bollefer
Bursary-Alyssa Bollefer.jpg

This contest cloed on March 10- 2023 Bursary Topic

  • How has growing up in Revelstoke prepared you for the next phase in your life?

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 extension 242 to speak with our bursary coordinator Erin Russell. She will assist you in completing the process.

  1. The award is given to a student from the current year’s graduating class of Revelstoke Secondary School.
  2. The award amount is $3,000; $1000 in the award year and $500 per year up to 4 additional years enrolled in a post-secondary institution.
  3. The Bursary is payable on receipt of proof of registration in a Post-Secondary institution within two years of the award.
  4. Student must produce a 250-word essay. Interested applicants should contact Revelstoke Credit Union’s Executive Assistant, Erin Russell for further information.
  5. Scholarship applicants must be a Revelstoke Credit Union Member since at least September of the previous year. Please see our accounts service representatives to become a Member and apply for an account.
  6. Revelstoke Credit Union Board of Directors will make the selection of the successful applicant from those submitted before the published due date, usually the second week of March the year of the competetion.
  7. Email completed essays to Erin Russell or, bring a hard copy to RevCU's reception desk before 4 pm on the due date. 

Fred Olynyk was a long time resident of Revelstoke and lived until the age of 92 years. Fred and his wife Mary and family lived in Revelstoke until 1997 and then relocated to Kamloops, BC.  Relations of the Olynyk Family still reside in Revelstoke. 
Fred worked in the forestry industry, was an ardent vegetable gardener and a sports enthusiast. His grandson, Kelly Olynyk, has gone on to a long career in the National Basketball Association. Also, he was a very involved citizen in his community serving as an executive member on many boards. 
Fred Olynyk's early association with the Revelstoke and District Credit Union began in 1958 when a committee was formed to study the possibility of purchasing a building to suitably accommodate the Credit Union. He was elected to the Okanagan Regional Executive of BC Central Credit Union in 1972, and became Vice Chair in 1975.  His involvement with the Revelstoke Credit Union was commendable and this bursary was formed in his honor after serving as a Director for over 28 years.


2022 Fred Olynyk Bursary winner:  Alyssa BolleferAs a community, what changes can be made to reduce the ways in which we’re contributing to the escalation and impacts of climate change?

As a growing community what can we do to help with the current climate crisis? Each person has an impact and an important part to play, but the largest impacts start with community programs. Revelstoke has many good programs in place such as the farmers market and the

recycling program, however, we can still do better. My key three ideas are making the change for city vehicles (garbage trucks, dump trucks, snowplows, etc.) from gas to electric, improving trail connectivity for non-motorized vehicles, and introducing the adoption of biomass gasification.

City run heavy equipment vehicles stay local, which would make for an easy transition from gas to electric. The average garbage truck uses 1gallon every 3 miles compared to the average vehicle using 1 gallon every 25 miles. With the vehicle fleet producing 34% of city produced greenhouse gas emissions in 2007 this would decrease city fuel emissions and be more cost effective for tax payers.

Overall, Revelstoke has good trail connectivity across town but only in the summer. Due to the extensive snowfall we receive, commuting on a non-motorized vehicle in the winter is incredibly dangerous. Prioritizing trail snow removal will present the community with a second safe option to commute around town.

Biomass gasification is a process which turns dry organic waste material into natural gas-like fuel. With the large presence of logging and millwork in Revelstoke this is a prime opportunity to create a new sustainable energy source. As we move away from logging old growth forest and into enhanced silviculture even more organic waste will be created due to the smaller tree sizes. Because there is no current use for this waste, creating a biomass gasification plant near town would be an excellent opportunity to create healthier forest and decrease unsustainable fuel emissions.

With the severity of the current climate crisis, we need to act now. Creating new innovative solutions and implementing them is a large step towards protecting our environment. Revelstoke has witnessed and endured the effects of climate change firsthand and we need to work together as a community and do our part.

Sources Cited

John, Steven, "" Insider, Dec. 2, 2019. Web. March 2022.
Page-Brittin, Penny, "" City of Revelstoke, March 2011. Web. March 2022.
Vock, Daniel C., "" Governing, July 7, 2014. Web. March 2022.
"" Office of Energy Efficiency & Renewable Energy, 2021. Web. March 2022.

2021 Fred Olynyk Bursary winner:  Sophie Dorriuss
-  How has COVID-19 Affected you, your family, your community, and your future?

How has COVID-19 Affected you, your family, your community, and your future?     

I took the school bus home for spring break in March of 2020, and remember thinking to myself that it might be the last time I stepped onto a school bus. I was right, but back then I never knew how serious things would get. Everyone suffered challenges and no matter how much I write about how bad I have had it, someone will always have it worse. Instead, I want to tell you about how covid 19 changed my life in a positive way and the things that I am grateful for.   

When the lockdowns started, my family didn't lose jobs or money. We were privileged to have job security. I never worried about where my next meal would come from. When school went online, I had the privilege of having Wifi, and multiple sources of technology to choose from. My family stayed safe and healthy throughout the past year except for a few scares. Over the course of online schooling, I learned to persevere more than before, and I gained a new level of independence.     

After struggling through the challenges of this pandemic, I am choosing to change my outlook. I want to watch my community come back together instead of watching it be split apart. If everyone chooses love and positivity over hatred and anger, this community will emerge stronger and more resilient, just like my family and I are choosing to do. I look forward to learning and growing more in this new abnormal world.


2020 Fred Olynyk Bursary winner:  Cohen Lussier - My Vision for Revelstoke

  ​My vision for the future of Revelstoke includes an improved park and trail system, increased funding for infrastructure, and a council that makes informed decisions on development and tourism initiatives. Firstly, I believe our city needs to increase the area of park space and number of trails in town. A bylaw or regulation should be introduced to have a set ratio of parkland to residential/commercial lots and the option to take cash in lieu of land eliminated. Revelstoke also has a limited trail system, with little outside of the Greenbelt and Big Eddy Dyke. Although an elaborate future design has been created, no concrete timeline has been set for implementation.
Secondly, my future Revelstoke has a higher budget for infrastructure maintenance and expansion. My primary focus would be on the addition of sidewalks throughout the city as well as regular maintenance to the roads. There are many areas in town with little or no sidewalks and/or pavement in rough condition. I was pleased to hear that the city has raised the budget for infrastructure in the coming years as well as the construction of a roundabout at the Fourth St/Victoria Rd. intersection.
  Lastly, my future council would make decisions on development and tourism with meaningful consultation from the citizens of Revelstoke. They would take into consideration all points of view, the official community plan, the results from the visioning surveys, and potentially hold referendums for large issues. In conclusion, my vision for Revelstoke would have an extensive park, trail and sidewalk system, and a council that made their decisions with the values of Revelstoke residents in mind.


Credit Unions of BC Bursary Program

Apply soon!  January 1 to February 15, 2023.


Applicants who do not meet the following criteria are not eligible for a bursary.

  • All applicants must have a demonstrated financial need.
  • Proof of enrolment, tuition payment and transcripts are required.
  • Applicants must be BC residents who are Canadian Citizens, a permanent resident of Canada or designated as a protected person.
  • Applicants must be enrolled at a public Canadian post-secondary school when the application is submitted.
  • Applicants attending accredited private schools will only be considered if the program is not offered at a public school.
  • Applicants must provide a statement as to why they are not attending a public school and provide a receipt for tuition.
  • Programs of study may be academic, vocational, technical, or technological.
  • Graduate and post graduate students are not eligible.
  • Credit Union members are eligible for up to 2 awards per year.

​2023 Valeyo Learning Grant

The 2023 Learning Grant Program is open for application until May 7, 2023.