South Carolina Federal Credit Union 2015 Scholarship Requirements
South Carolina Federal Credit Union is hosting its 5th annual competition awarding $7,500 in scholarships!
South Carolina Federal will award the following scholarships:
- First Place:$4,000 (one-time gift)
- Second Place:$2,500 (one-time gift)
- Third Place:$1,000 (one-time gift)
One-time award towards the recipient’s fall 2015 year of higher education. Scholarship program begins January 16, 2015 and stated deadline for application and essays to be received by is March 14, 2015. Incomplete applications will not be considered. Awards will be announced by April 17, 2015.
Scholarships may be applied for by:
- a member of South Carolina Federal Credit Union in good standing
- U.S. residents who are eligible to apply for membership at South Carolina Federal at time of scholarship application
- students with a GPA of 3.0 or higher and in good standing with current school
- students planning to attend a full-time accredited two-year degree program; an accredited two-year program leading to a four-year undergraduate degree or an accredited four-year institution (undergraduate program)
- Previous winners eligible, but a new application and essay must be submitted.
The credit union is under no obligation to contact applicants regarding missing information. South Carolina Federal employees, volunteers, officers are not eligible to participate; however, their family members may apply. South Carolina Federal shall have the right at any time to require proof of identity and/or eligibility to participate. Failure to provide such proof may result in disqualification. All personal and other information requested by and supplied to the South Carolina Federal for the purpose of scholarship application must be truthful, complete, accurate and in no way misleading. Applicants must not have caused the credit union a loss. South Carolina Federal may at any time in their sole discretion disqualify any entrant who: does not meet the eligibility criteria, fails to comply with these requirements, attempts to enter the scholarship application in any manner or through any means other than as described in these requirements, attempts to disrupt or attempts to circumvent any of these requirements. Entries made with multiple addresses, under multiple identities, or through the use of any device or artifice to enter multiple times or entries that are in excess of the permitted number of entries during the application period are automatically void. South Carolina Federal reserves the right to make changes to these requirements at any time.
All decisions made by South Carolina Federal will be final. Three Finalists will be featured on smplsc.com and will be required to complete an online video interview conducted and filmed by smpl. Full details of this requirement will be disclosed at the time of selection.
How to Apply
Complete an application (found at smplsc.com).
- Application to include a short essay (500 words or less) on the following topic:
- How you have personally demonstrated the credit union's cooperative philosophy of "People Helping People?
Applicants are required to supply the following supporting documentation as part of their entry:
- Letter of recommendation from a teacher or counselor at your current school
- Transcript from current school
- Recent photo (photo will be used on smpl. website as an indication of who applied – it will not be used in the judging process).
Selection and Disbursement
All decisions made by South Carolina Federal will be final. A panel will be selected consisting of both credit union employees and volunteers at the full discretion of South Carolina Federal. Applications will be judged impartially and anonymously following a documented process as determined by South Carolina Federal.
Recipients will be verified and then contacted by a South Carolina Federal representative by telephone and/or email or certified mail and asked to respond within a specified period of time. A recipient must respond to the written communication by the deadline stated within that communication. The credit union is under no obligation to contact applicants a second time if response is not made within the stated deadline and they will be disqualified and another winner chosen. The initial selected disqualified potential winner(s) will have no recourse towards South Carolina Federal Credit Union. The winners will then be announced publicly by April 17, 2015.
- The scholarship recipients will receive proceeds for the Fall Semester 2015.
- A check will be issued paid directly to the financial aid office at the educational institution once the Credit Union has been notified that registration has been completed (made payable to the institution for the benefit of the recipient). Students must show proof that they are registered for at least 12 credits during the Fall 2015 semester (a letter of acceptance is adequate at time of application, verification of schedules will be done at the time of disbursement).
If a potential winner cannot accept the award, their entry will be forfeited and another eligible entrant may be selected. Any costs associated with accepting the scholarship shall be the sole responsibility of the winner. An entrant is only eligible to win one of the three prizes awarded. Prize must be accepted as awarded and may not be transferred or exchanged. Under no circumstances will South Carolina Federal, its affiliates, subsidiaries, and independent contractors, and their respective directors, officers, employees, and agents, including advertising and promotion agencies are required to award more scholarships than what is indicated in these Scholarship Requirements or award the Prize other than in accordance with these requirements. Eligible entrants as defined above can win a maximum of one (1) of the prizes as outlined above. In order to be eligible to claim their scholarship, each recipient must:
- Sign a Declaration of Compliance with Requirements and an Assignment, Release and Indemnity Form, assigning all rights to their submission to South Carolina Federal, including all copyrights and moral rights and releasing the South Carolina Federal, their affiliates and respective advertising and promotions agencies from any liability in connection with award.
- Produce valid identification and, if requested by South Carolina Federal, students must show proof that they are registered for at least 12 credits during the fall 2015 semester and photo identification.
- If the above requirements are not met, the recipient will be disqualified and another winner will be selected in their place.
By entering an essay in your application, you waive all rights you may have with respect to the essay, including all moral rights and rights of personality, publicity or privacy, and you grant to South Carolina Federal the unrestricted, royalty-free, perpetual, irrevocable, worldwide license (but not the obligation) to use, reproduce, communicate, modify and display the essay (in whole or in part) for any purpose without any fee or other form of compensation, and without further notification or permission, including without limitation the following purposes:
- publishing it in an electronic form on the smpl. website or scfederal.org
- reproducing, publishing, communicating and displaying some or all of the essay as part of the application process or otherwise
- identifying you by name as the owner of the essay
- judging the applications
- displaying the winning entries including advertising future scholarships, and products and services
Applications must be submitted in full no later than March 14, 2015.
The credit union is not responsible for any lost or delayed applications. The credit union is under no obligation to contact applicants regarding missing information.
By participating in the scholarship application, each entrant agrees to be bound by the scholarship application Scholarship Requirements, which will be posted and available at www.smplsc.com. Entrants further agree to be bound by the decisions of South Carolina Federal, which shall be final and binding in all respects. South Carolina Federal reserve the right, in their sole discretion, to disqualify any entrant found to be: (a) violating the Scholarship Requirements; (b) tampering or attempting to tamper with the entry process or the operation of the scholarship application; (c) violating the terms of service, conditions of use and/or general requirements or requirements of smpl. and/or South Carolina Federal Credit Union; and/or (d) acting in an unsportsmanlike or disruptive manner, or with intent to annoy, abuse, threaten or harass any other person.
Disclaimers, Liability, and Indemnification
By participating in the scholarship application, you release and agree to indemnify and hold harmless South Carolina Federal and their employees, directors, officers, affiliates, agents, judges and advertising and promotional agencies from any and all damages, injuries, claims, causes of actions, or losses of any kind resulting from your participation in the scholarship application or receipt or use of any prize.
By participating in scholarship application, you further agree to indemnify and hold harmless the scholarship application South Carolina Federal and their employees, directors, officers, members, affiliates, agents, judges and advertising and promotional agencies from any and all damages, injuries, claims, causes of actions or losses of any kind (including actual legal fees and expenses) arising from or related to: (a) your failure to comply with any of these requirements; (b) any misrepresentation you make under these requirements or otherwise to the scholarship application; or (c) your participation in the scholarship application.
South Carolina Federal shall have no liability for any other loss or damage resulting directly or indirectly from your participation in the scholarship application. South Carolina Federal is not responsible for: (1) incorrect or inaccurate transcription of entry information or late, lost, incomplete, misdirected entries, or entries received through impermissible or illegitimate channels; (2) technical failures of any kind, including without limitation the malfunctioning of any telephone, computer, network, hardware or software; (3) the unavailability or inaccessibility of any service; (4) unauthorized human intervention in any part of the entry process or the scholarship application; (5) electronic or human error which may occur in the administration of the scholarship application or the processing of entries; or (6) any injury or damage to persons or property, including without limitation your computer, which may be caused, directly or indirectly, in whole or in part, from your participation in the scholarship application or from downloading any material. South Carolina Federal will not be liable to you for any indirect, special, consequential, or punitive damages in connection with the scholarship application or these requirements.
Privacy / Use of Personal Information
All intellectual property, including but not limited to trade-marks, trade names, logos, designs, promotional materials, web pages, source code, drawings, illustrations, slogans and representations are owned by South Carolina Federal and/or their affiliates. All rights are reserved. Unauthorized copying or use of any copyrighted material or intellectual property without the express written consent of its owner is strictly prohibited.
If for any reason South Carolina Federal cannot run the scholarship application as planned, (including as a result of bugs, tampering, unauthorized intervention, fraud, technical failures, infection by computer virus or any other cause that corrupts, impairs or affects the administration, security, fairness, integrity, or proper conduct of South Carolina Federal) South Carolina Federal reserves the right to cancel, modify, extend or suspend the scholarship application. In that event, South Carolina Federal may award prizes at random from among the eligible entries received up to the time of the impairment, or award no prizes.
South Carolina Federal may also disqualify any individual who tampers with or in any way corrupts the entry, or who attempts to undermine the legitimate operation of the scholarship application by cheating, hacking, deception, or other unfair practices, or by attempting to annoy, abuse, threaten or harass any other entrants or representatives of South Carolina Federal.
South Carolina Federal may also terminate any scholarship where in South Carolina Federal’s sole discretion the Credit Union determines (1) an individual’s conduct is materially injurious to South Carolina Federal or to South Carolina Federal’s reputation; (2) the Individual engages in any conduct that contravenes any federal, state or local law or ordinance other than a minor offense which does not reflect or impact upon South Carolina Federal’s business or reputation; (3) the Individual engages in conduct is unbecoming to or inconsistent with the duties and responsibilities of any person who in any way has an association with or to South Carolina Federal; or (4) the Individual is grossly negligent or engages in willful misconduct detrimental to South Carolina Federal’s business or reputation.
These Scholarship Requirements constitute the complete requirements and regulations associated with the scholarship application. The scholarship application is subject to applicable federal, provincial and municipal laws and regulations. These Scholarship Requirements are subject to change without notice in order to comply with any applicable federal, provincial and municipal laws or the policy of any other entity having jurisdiction over the scholarship application and/or South Carolina Federal. All issues and questions concerning the construction, validity, interpretation and enforceability of the Scholarship Requirements or the rights and obligations as between the entrant and South Carolina Federal in connection with the scholarship application shall be governed by and construed in accordance with the laws of the province of South Carolina.
All disputes, claims and causes of action arising out of or connected with the scholarship application, prizes or these requirements will be resolved individually, without resort to any form of class action, and exclusively by the appropriate court of the state of South Carolina, USA.
In the event of any discrepancy or inconsistency between the terms and conditions of the Scholarship Requirements and disclosures or other statements contained in any contest-related materials, including but not limited to the scholarship application entry form, or point of sale, print or online advertising, the terms and conditions of these Scholarship Requirements shall prevail, govern and control.
South Carolina Federal will not enter into correspondence with any entrant except with the selected winners and at their own initiative. The decisions of South Carolina Federal in relation to the scholarship application will be final and binding on all entrants. South Carolina Federal reserves the right to disqualify entrants and/or entries that do not comply with these Scholarship Requirements. South Carolina Federal will be the sole and final reference source in validating a recipient claim. Scholarships are awarded without regard to race, ethnicity, color, national origin, religion, gender or sexual orientation.
Any inquiries or concerns relating to the scholarship application should be emailed to Scholarship@scfederal.org