Sandia Laboratory Federal Credit Union accepting applications for annual scholarship competition

Competition Ends May 31, 2023

ALBUQUERQUE, NM (May 9, 2023) — Sandia Laboratory Federal Credit Union’s (SLFCU) 2023 Scholarship Essay Competition is open through May 31, 2023, for students enrolled full-time in a bachelor’s or master’s degree program, with a top award of $4,000. This is the 29th year the Credit Union has offered scholarships to its members.

This year, applicants are asked to address the following question in an essay of no more than 500 words: “Imagine you’ve been asked to teach someone about money management. What topics would you cover first and why?”

Applicants must also include a PDF copy of their latest transcript showing a current cumulative GPA of 2.5 or higher, a PDF of their resume, and one letter of recommendation provided by an adult who is not related to the applicant.

To qualify, an applicant must be a current SLFCU member and the primary account holder of an SLFCU savings account. There are many ways to become a member of SLFCU. Membership is open to family members of current and retired employees of the credit union’s partner companies; any resident of New Mexico, California, Arizona, Texas, or Colorado who is a member of The American Consumer Council; anyone who lives, works, worships, volunteers or attends school in Valencia County; members of the National Museum of Nuclear Science & History; and members of the Albuquerque International Association.

In the 2022 competition, SLFCU awarded a total of $12,000 to nine students. Winners will be announced in August 2023.

To learn more and to apply, visit

About Sandia Laboratory Federal Credit Union (SLFCU)

SLFCU was named by Forbes as a Best-in-State Credit Union for the sixth consecutive year in 2023. With $4 billion in assets, SLFCU serves more than 140,000 members, with 13 branches across New Mexico and California. Formed in 1948 by Sandia National Laboratories employees, SLFCU’s membership field now includes more than 1,400 partner companies in New Mexico and California. Employees of those companies and their family members use SLFCU for financial services, including checking, savings, home mortgages, auto loans, credit and debit cards and investment services. Members enjoy a nationwide, surcharge-free ATM system and free online account services. The Credit Union is federally insured by the National Credit Union Administration (NCUA)and is an Equal Housing Lender.


Andrew Hurd

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