Educational Scholarships

We will announce our scholarship recipients in the first week of May. We normally announce the scholarship recipients at our April’s Annual Meeting; which has been canceled due to Shelter-in-Place measures. We appreciate your patience.

How do you participate in your community? What local organizations have you volunteered for?
What drives you to give back

At CommonWealth, we strive to make a meaningful impact in our community, not only through the financial products and services we offer, but through our volunteerism and community engagement. We are dedicated to improving the financial well-being of our members and communities. With that in mind, we are excited to offer $1000 Educational Scholarships to students in our community! In the spirit of giving back and making an impact, we want to hear from you. This year, students have the option to submit a video response for our application instead of writing essays! Video submission guidelines can be found below.

The deadline for ppplications for the 2019-2020 school year is 04/15/2020.

Applicants must meet the following criteria:

  • Significant community service involvement
  • CommonWealth Member or Santa Clara County Resident
  • Graduating High School Senior (Does not have to attend one of the partner schools)
  • Plan to attend an accredited college or university, or a two to four-year community, vocational, or technical college

Things to Consider:

Think about using these questions as a framework for your application responses.

  • What makes you unique?
  • What experiences have shaped your life and perspectives?
  • What challenges have you overcome?
  • What challenges do you see in your community, and how have you helped address these challenges?


  • Video Submission Guidelines

    Thank you for your interest in applying for the CommonWealth Central Credit Union Educational Scholarship! This year, we're offering applicants the option to submit a video instead of essays. Every applicant must give a text response to the "What is your relationship with CommonWealth Central Credit Union?" question in the scholarship form. The video must be at least two minutes long and address, at the very least, each essay prompt. Feel free to share anything and everything about your story! Be creative.

    Address all of the following prompts:

    • What are your goals for the future, and how will college help you achieve these goals?
    • What drives you to give back to the community?
    • Tell us about a significant community activity you are most passionate about.
    • List the names of community organizations and/or programs you have been involved with.

    How to submit your video application:

    • Create video
    • Complete the general information on the application
    • Insert video link in the last question of the application


  • Partner Schools

    If you attend one of the following partner schools, you can speak to your counselors to learn more information about our program.

    • Milpitas High School
    • Calaveras Hills
    • Leigh High School
    • Branham High School
    • Westmont High School
    • Del Mar High School
    • Willow Glen High School
    • Oak Grove High School
    • Andrew Hill High School
    • Live Oak High School
    • Ann Sobrato High
  • CommonCents

    Common Cents

    Welcome to CommonCents – CommonWealth’s free web-based Financial education program. CommonCents uses video, animations, and 3D gaming to bring financial concepts to life for today’s digital generation. As you plan to continue your education,  CommonCents can be there to help answer any finacial questions you might have along the way.

    CommonCents covers:

    • Financing high education
    • Shopping smart
    • Credit and borrowing
    • And much more

    Click here to visit the CommonCents website.