2024 Scholarship – Olonzo Woodfin III

As the academic year progresses, we find ourselves on the brink of celebrating the accomplishments of the graduating class of 2024. It is with great pleasure to announce that Schools Federal Credit Union will offer four $1,000 cash scholarships in honor of Olonzo Woodfin III. Mr. Woodfin, a distinguished volunteer who served as both a Supervisory Committee Member and a Board Member for our Credit Union, exemplifies the values of commitment, leadership, and community engagement that we hold dear.


In his roles as a Supervisory Committee Member and Board Member, he brought a wealth of experience and strategic insight to the table. His commitment to fostering a sense of community and financial empowerment has had a lasting impact on the individuals we serve and the overall success of our Credit Union.


To be eligible for the Olonzo Woodfin III Scholarships, applicants must:

  • Be a graduating high school student in Los Angeles County, or is a relative of a current Schools FCU member or LAUSD employee.
  • Submit an essay on financial literacy and its importance for empowerment (1,000-word minimum).
  • Must be applying for or have already been accepted as a full-time student at an accredited college or university. Submit acceptance letter and/or proof of application.
  • Provide high school transcripts.
  • Submit two letters of recommendation

We encourage eligible students to apply for the Olonzo Woodfin III Scholarships and embark on a journey of continued success and service. All completed applications must be received by Friday, May 24, 2024. Best of luck to all applicants as they pursue their academic and community-oriented aspirations.

Enjoy a reduced 5.99% APR on new purchases with your Platinum Visa Credit Card!Learn more about our Credit Card Special