Skip nav to main content.

Magnolia FCU Scholarship Opportunities

 

Oliver N. King Veteran Scholarship

Each year, we sponsor a special scholarship just for veterans. The award is for $2,000, and can be used on both graduate and undergraduate expenses. The scholarship is awarded in honor of Oliver N. King, a long-time employee of the Veterans Administration and a dedicated credit union member and official.

If you are a veteran and a member of MagFed, we encourage you to apply. You can mail your completed application to:
ATTN: Marketing; Magnolia Federal Credit Union; 240 Briarwood Drive; Jackson, MS 39206
Download the Application

David E. Bergstrom Memorial Scholarship

The David E. Bergstrom Memorial Scholarship is awarded to two high school students who intend to further their education through a trade school, apprenticeship program, community college, or state or private university.  The $1,000 scholarships are awarded to the applicants who best exemplify Dave’s courage, spirit, and dedication.

The program was developed to honor the late David (Dave) E. Bergstrom who was the President/CEO of the Magnolia Federal Credit Union from 1990 to 2003. Dave was an astute businessman who achieved remarkable success in his 30-year career in the credit union industry.

If you would like to apply for this scholarship, please download our application below. You can email your completed application to education@magfedcu.org or mail it to:

ATTN: Marketing; Magnolia Federal Credit Union; 240 Briarwood Drive; Jackson, MS 39206

Download Application

Stripes Earned Scholarship

The Magnolia FCU “Stripes Earned” scholarship was developed in Partnership with Jackson State University to increase scholarship opportunities for students experiencing a financial gap, provide financial literacy programs to students and leverage existing university programs.

The $2,000 scholarship is awarded to a Jackson State undergraduate student who best exemplifies campus and community enrichment.

If you would like to apply for this scholarship, please download our application below. JSU Students can apply at https://jsums.academicworks.com/

Download the Application