One more way we thank members

At United Texas, we take great pride in being part of the communities we serve. Among other things, this means offering scholarships to help other community members pursue their collegiate ambitions.

The first scholarship winners graduated from high school in 2007. Since then, we’ve provided 62 scholarships and awarded over $100,000.

This scholarship is awarded based on academics, leadership, community service, and personal recommendations.

To qualify for this scholarship opportunity, applicants must be:

1. A member of United Texas Credit Union in good standing or a child, stepchild, or grandchild of a United Texas member in good standing. A minimum of one year of United Texas Credit Union membership is required prior to the date of application.
2. A high school senior graduating in the spring of the application year.
3. Ranked in the top 25% of their graduating class.

Starting in 2017, our scholarship is renewable up to three times for a total award of up to $4,000 per winner!

College is an important time in every young person’s life.

Unfortunately, it’s often a very expensive one, too. That’s why you’ll want to know about the following ways you can help keep that price in check.

1. Obviously, scholarships are ideal. Your student should apply for as many as possible as they can really help keep the costs of college down and, unlike loans, they never need to be paid back. At United Texas, we offer scholarships every year to help our members and their children pay for school.
2. If your student is going to take out loans, make sure you consider all your options first and understand the exact amount needed. Taking out more than necessary may seem harmless, but that decision could result in years of extra payments for your student after they graduate.
3. Before the government will loan your child money, you’ll need to fill out a FAFSA (Free Application for Federal Student Aid) so they can calculate your EFC (Expected Family Contribution). This is true whether you intend on helping your child with college or not. Plan for this beforehand by decreasing your cash assets, moving investments into property, and reducing any savings kept in your student’s name (you can return them after graduation). These are all completely legal ways to receive an EFC score that will better benefit your child.