College Scholarship Program

Group of students


Summit Credit Union awards college scholarships every year to its members thru its own Elizabeth "Sis" Hamilton Scholarship Fund and then, additionally, thru the Carolinas Credit Union Foundation's Scholarship Program.

Specific scholarships, in addition to those above, are separately available to the following:

  • Any member (or their immediate family) of Oxford Credit Union, who lives or works in Granville County, NC.
  • Employees (or their immediate family) working:
    • At United Chemi-Con Manufacturing Company in Lansing, NC
    • At Barker Microfarads in Hillsville, VA
  • Employees (or their immediate family) working at any of the plants served by Century Employees Savings Fund Credit Union at the time of the merger with Summit CU, including:
    • Century Furniture
    • Hancock & Moore
    • Valdese Weavers

Scholarships typically range between $500 and $2,000.


Scholarship recipients may re-apply. Applications are accepted each year between October 1 and February 1, the following year. Applicants will be notified of results in April and funds will be sent directly to the school of the student's choice in July. If you have missed the application deadline, be ready to apply for next year's scholarships in October.

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To be eligible, scholarship applicants must be a high school senior or above (graduate or equivalent) and must be a member of Summit Credit Union or of an affiliate credit union. Each applicant must have his/her own member account (an individual Savings account with the credit union).


We welcome contributions to our Scholarship Fund. Make your tax-deductible donation by writing a check payable to CCUF – Hamilton Scholarship Fund and mailing it to:

Summit Credit Union
Elizabeth Hamilton Scholarship Fund
8210 West Market Street
Greensboro, NC 27409

Graduation cap on a pile of money