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UCU to offer scholarships for second year

For the second year, the University Credit Union (UCU) in Orono, Maine announced plans for their scholarship program. The scholarship is open to incoming students for the Fall of 2017 attending any of the seven UMaine campuses and Maine Maritime Academy. There will be a scholarship awarded to one student at each campus.

These campuses include UMaine Orono, UMaine at Augusta, UMaine at Farmington, UMaine at Fort Kent, UMaine at Machias, UMaine at Presque Isle, University of Southern Maine and Maine Maritime Academy.

Students must be enrolled and registered for classes for both fall and spring semesters in the 2017-2018 school year to be eligible for and receive the scholarship. The deadline for the scholarship is May 1, 2017 and participants will be notified by May 19, 2017. The winners are chosen at random.

University Credit Union employees and immediate family are not eligible for the scholarships. Applicants must be UCU members by May 1, 2017 to be eligible. Neither a transcript or essay is required in the application.

The University Credit Union opened in 1967 as a full-service financial institution and currently has nine branches in Maine — three in Orono, one in Bangor, Farmington, Gorham, two in Portland and one in Presque Isle. According to its website, it is a “unique financial solution for students, employees and alumni of Maine’s University System, as well as their family members.” Core values include caring, quality, professionalism and honesty and integrity.

President and CEO Matt Walsh began his career at the University Credit Union in July of 1997. He worked as Vice President/Controller, Vice President of Finance and Senior Vice President of Finance and Technology. In 2006, he took over as President and CEO and has served successfully ever since.

In 2016, seven scholarships were awarded to students across the state, not including University of Maine at Augusta. The winners included John Sojka of Hudson, N.H. studying wildlife ecology at the University of Maine in Orono; Mitchell Adams of Wilton, Maine studying biology at the University of Maine Farmington; Emma Reynolds of Eddington, ME studying nursing at the University of Maine at Fort Kent; Lily Hesseltine of Old Town, ME studying environmental recreation and tourism management at the University of Maine at Machias; Danica Bourgoin of Gray, ME studying early childhood at University of Maine Presque Isle; Dylan Tudeen of Windsor, ME studying information technology at the University of Southern Maine, and Ricky Doane of Milford, ME studying power engineering technology at Maine Maritime Academy.

For more information and details on how to apply, please visit

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