Scholarships & Grants

Investing in Education, Building a Brighter Future

Since 1936 Raiz Federal Credit Union has been committed to supporting education in our community. That's why we are thrilled to announce the expansion of our scholarship and grant program to further support students, educators, and non-profit organizations in achieving their goals.

About the Program

Raiz Federal Credit Union has always believed in the power of education to
transform lives and communities. Whether you're a student pursuing a higher
education, an educator looking to advance your career, or a non-profit organization
making a difference in our community, there's an opportunity for you.

Scholarships

Scholarships are available to high school and college students pursuing various academic endeavors.

Grants

Region 19 education professionals are eligible to apply for a grant of up to $3,500 to attend a professional development conference training of their choice.

Local non-profit organizations are eligible to apply for a $25,000 community grant to help fund their efforts of creating a positive community impact.

Application Details

The application window is open annually during the Spring and Fall seasons.

Grants Applicants:
- Must be a certified 501(c)3 organization.

Scholarship Applicants:
- Must be a graduating senior or enrolled in an accredited University or College.
- Must submit a current copy of their high school or college transcript.
- Must be accepted as a fulltime student at a college or university carrying 12 credit hours or more.

Scholarships & Grants

Raizing Leaders UTEP Woody L. Hunt College of Business Administration Scholarship

$5,000 awarded to a student enrolled in the UTEP Woody L. Hunt College of Business.

Michael Sandoval Memorial STEM Scholarship

$5,000 awarded in memory of Raiz’s late Vice President of E-Commerce to a student pursuing a career in STEM.

Raizing Leaders UTEP College of Education Scholarship

$5,000 awarded to a student pursuing a career in education at the UTEP College of Education.

Raiz Community Scholarship

$1,000 awarded to 10 students.

"Together We Raiz" Community Grant

Provides funding to nonprofit organizations to support impactful projects.

Now accepting applications.

"Raiz Up" Professional Development Grant

Up to $3,500 awarded to 12 teachers in Region 19 school districts to attend professional development events or training.

Coming Fall 2025.

Top Scholarship & Grant Questions

Applicants are limited to applying for only one scholarship or grant per year. We encourage candidates to carefully review the scholarship criteria and select the one that best aligns with their academic and career goals. Please note that only the first application received will be considered if you have applied for multiple scholarships and/or grants. Applications submitted later within the same year will automatically be removed for consideration.
Applicants will be evaluated based on their academic achievements, leadership qualities, community involvement, and a genuine commitment to pursuing education. The selection committee is particularly interested in individuals who demonstrate a positive impact on their community through their academic pursuits.
Raiz scholarships are open to a diverse range of applicants, including high school seniors enrolling in college, current college students pursuing a bachelor’s degree, individuals working towards a master’s degree, and those pursuing a Ph.D.
Yes, membership is required. Applicants who are awarded a scholarship will have their funds transferred to their specified Raiz checking account. If you wish to apply but are not currently a Raiz member, you can still take advantage of this opportunity! Within your application, specify that you are not a member, fill out the remaining form, and select submit. Our team will soon contact you to further assist you with opening an account.

Banzai resource

Filling out the FAFSA

Simply filling out the application is half the battle for most people. If you’re getting ready to fill out the FAFSA, follow these tips to make it quick, painless, and worth your time.

Banzai resource

The Cost of College Life

Beyond tuition, college students face costs like textbooks, housing, and daily essentials. Before you head off, prepare yourself and create a plan to manage college costs by using these financial tools.

Banzai resource

College Budget Breakdown

Grouping college into one huge expense can be a little deceiving. Learn how to break down college expenses to create an accurate and successful budget.

Start live chat!