Provincial Credit Union continues to be committed to our local communities by investing in our youth as they move forward with their post-secondary education. If you are a grade 12 student on Prince Edward Island and are planning on attending a recognized post-secondary institution in the fall of 2022, please check out our scholarship application details below.

What scholarships are available?
Provincial Credit Union provides $40,000 in scholarships to Island students who are members of the credit union.

1 scholarship for $1,500.00.
18 scholarships at $2,000.00 each.
1 scholarship for $2,500.00 (Darlene Frances Corcoran Memorial Scholarship)

Darlene was a former graduate of Westisle Composite High School, Holland College and an employee of Central Credit Union Ltd. (Now Provincial Credit Union, O’Leary branch). Darlene is remembered for her work in volunteering, her quiet modesty reflected in strong family and community values.

Eligibility Requirements:

  1. Applicant, parent, or legal guardian must be a member of Provincial Credit Union for at least six months.
  2. Applicant must be planning to attend a recognized university or college for the 2022-2023 school year. A list of recognized institutions is available here.

Application Process:

  1. All applications must be submitting through the online application (below) and include the following documentation:
    1. Proof of acceptance to a recognized university or college
    2. A reference letter from a previous teacher, employer, community group/organization of which the application is a member of/involved in.
    3. A transcript of marks from the educational institution of the applicant is currently attending.
  2. Once the application is submitted, you will receive an automated notification through email that the application has been received.
  3. All applications will be reviewed by our selection committee and may be subjected to additional criteria.
  4. You will be notified on the status of your application through the email address you provide in the application.
  5. Only one application per student is permitted.
  6. The scholarship will be paid jointly to the recipient and the chosen educational institution and is not renewable.

Application Deadline:
Deadline for 2022 Scholarships has past.