Questions about the LendKey Scholarship Program? You’re in the right place.
Ready to apply today? Go to lendkey.com/scholarship.
Frequently Asked Questions
What is the LendKey Scholarship Program?
The Program awards 10 merit-based scholarships of $2,000 each to eligible credit union members who are undergraduate students at accredited four-year colleges /universities. They’re one-time awards.
Who is eligible to apply?
Applicants must be members of a participating credit union in the Member Student Lending network and enrolled full-time as undergraduates at an accredited four-year college or university and maintain a minimum GPA of 3.0 on a 4.0 scale.
How do members know if their credit union is eligible?
Members can visit the scholarship information page at lendkey.com/scholarship to see a list of eligible credit unions and detailed eligibility criteria.
What are the application dates?
Applications open on May 1, 2026, and the deadline to apply is May 31, 2026.
How do members apply?
Members can apply online at lendkey.com/scholarship during the application window. The application process is managed by Kaleidoscope, a third-party scholarship platform.
What criteria are used to select scholarship recipients?
Applications are evaluated based on academic achievement, community involvement, and other qualifications using a standardized rubric. The selection process is managed independently by Kaleidoscope.
When will winners be announced?
Scholarship recipients will be notified and announced in July 2026.
Is the scholarship renewable?
No, the LendKey Scholarship is a one-time award and is not renewable.
Can graduate students apply?
No, the scholarship is only open to undergraduate students enrolled full-time at an accredited four-year college or university.