PEP SCHOLARSHIPS
The objective of the FHC Foundation is to promote the development of the Jamaican youth in the areas of Education, Sports and Skills Training. Special emphasis will be placed on the improvement of literacy at the Primary and Secondary level.
We recognize the achievement of our youth savers, by awarding our PEP recipients a scholarship to assist them from 1st form up to 5th form. The objective of the scholarship aims to fulfill our mandate of giving back to our members, to encourage children to strive for excellence in academic performance and to promote a thrifty savings habit amongst young Jamaicans.
Eligibility/Qualifications: Must be a Youth Saver at FHC Credit Union for at least six (6) months. Saving account must be active and must submit PEP transcript along with completed PEP application form.
Where tenable: At any high school in Jamaica
Organization Awarding Scholarship: First Heritage Co-operative Credit Union Limited
Organization e-mail: info@fhccu.com
Deadline for applications: July 31, 2024
Scholarship Award Ceremony 2022
TERTIARY SCHOLARSHIPS
First Heritage Co-operative Credit Union Limited (FHC), through the FHC Foundation, offers prestigious scholarships to support students in their pursuit of higher education. To date, over 100 students have benefited from these scholarships, demonstrating exceptional academic achievement and successfully completing their degrees.
In 2023, the FHC Foundation introduced the FHC Sports Education Scholarship, specifically designed for students specialising in sports education and management. This scholarship covers the tuition fees for the entire academic year, ensuring that recipients can focus entirely on their studies without the burden of financial stress.
These schoalrships are open to students entering 2nd to final year at a tertiary institution. The FHC Foundation try to meet the expense of financial challenged students who are in good standing academically but is having trouble paying their school fees. These students are sometimes well-rounded students involved in their schools and communities.
Interested persons are required to submit the following documention for the scholarships lited below:
OSWALD J. THORBOURNE SCHOLARSHIP
Specialist Area of Study: Business Management/Administration
Eligibility/Qualifications:
- Must be an active member of FHC for at least six (6) months.
- University student entering 2nd to final year in Business Administration/Management with at least a 3.50 GPA.
- Must have been involved in community projects or exemplified leadership skills in clubs, associations or any other civic institution.
- Two (2) written references must be submitted to verify applicant’s involvement in projects. Applicant must not be the recipient of any other current scholarships.
- Must demonstrate financial need and submission of transcripts.
Deadline for applications: July 31, 2024
RENALD MASON SCHOLARSHIP
Specialist Area of Study: Any Degree
Eligibility/Qualifications:
- Applicant must be an active Member or the child of a Member of
FHC for at least six (6) months. - University students entering 2nd to Final year at any recognized tertiary institution.
- Must demonstrate community volunteerism.
- Must maintain a GPA of 3.50.
- Two (2) written references must be submitted to verify applicant’s involvement
in projects. - Must not be the recipient of any other current scholarships.
- Must demonstrate financial need and submission of transcripts.
Deadline for applications: July 31, 2024
Note: Transcripts should be submitted to outline GPA
SPORTS EDUCATION SCHOLARSHIP
Specialist Area of Study: Sports Education/ Management
Eligibility/Qualifications:
- At least a 3.00 GPA
- Demonstrate financial need
- Character fit to be an ambassador for the Credit Union
- Involvement in the wider community
- Other awards, recognition, and achievements
- Must not be the recipient of any other current scholarships
- Two (2) written references must be submitted to verify applicant’s involvement
in projects.
Deadline for applications: July 31, 2024
Note: Transcripts should be submitted to outline GPA
DOWNLOAD APPLICATION FORM HERE
SPECIAL EDUCATION GRANTS
The FHC Foundation is committed to its cause and from time to time we see students who do not meet the required qualification to obtain a scholarship. Therefore, the Foundation through its vision statement “to transform lives through the creation of opportunities for the youth of Jamaica” we offer the Special Education Grant to the most needed applicant with financial challenges.
ENTREPRENEUR AWARDS
The FHC Group through its Foundation provides an Entrepreneurs’ Award which is to encourage entrepreneurship among our young generation. Each grant is valued at $500,000.00.
Generally, any business plan requiring start-up capital above $500,000 will not be considered. However, if the business is deemed to be feasible, the plan may be considered and the beneficiary would be introduced to additional financing after the approved business has started. This is in addition to other loans that would be available to each awardee as a member of the Credit Union. Top-achieving students from all faculties of recognized tertiary institutions annd persons between the ages of 18-35 are eligible to apply for the awards.
QUALIFICATIONS:
- Final Year University Students who have maintained at least a “B” average at the end of their study, and who intend to start a business within 6 months after graduation.
- Business owners of a start up business who are between the ages of 18-35. Business must be registered within 6 months of receiving award.
- Must submit a comprehensive Business Plan for the Small Business enterprise.
- Must become a member of FHC upon receiving award.
The Plans that are judged to be the top three and most feasible, will each receive the sum of $500,000.00 for use as start-up capital.