Skip to main content
Holiday Closure

Monday, May 27 - All branch locations and contact center will be closed.



About the Scholarship

Air Academy Credit Union (AACU) established the Air Academy Federal Credit Union Foundation on June 12, 2002, to promote financial education and wellness within the community.

In the spirit of the credit union philosophy of "People Helping People," the Foundation scholarship aims to promote education and lifelong financial responsibility. The scholarship program promotes high school students to unlock their potential and encourage growth! Five $1,000 scholarships will be awarded on a competitive basis to high school seniors. All majors are accepted. Scholarship recipients are chosen based on academic merit, application questions, essay response, and community involvement. Awarded scholarships will be sent directly to the student's accredited institution.


Scholarships are available on a competitive basis to high school seniors obtaining a college or university degree in the AACU field of membership school districts. 

  • High School Senior
  • Minimum GPA of 3.0
  • Applicants must have a parent who is an AACU member or must be a current AACU member themselves or must be enrolled in one of our 15 school districts
  • All Majors are accepted
  • Eligible to attend a 2- or 4-year college or university
  • You will enroll and attend an accredited institution in the academic year after your selection

  • Academy School District 20
  • Cheyenne Mountain School District 12
  • Colorado Springs School District 11
  • Douglas County School District RE-1
  • Elbert County School District C-2 (Kiowa Schools)
  • Elbert School District 200
  • Elizabeth School District
  • Fountain-Fort Carson School District 8
  • Harrison School District 2
  • Hayden School District RE-1
  • Lewis-Palmer School District 38
  • Routt/Jackson County School District
  • School District 49
  • South Routt School District RE-3
  • Steamboat Springs School District RE-1



Required Documentation

  • Scholarship Application
    Completed AAFCU Foundation scholarship application.
  • Letter of Recommendation
    One letter of recommendation from a teacher or community member.
  • Essay
    Essay Question: “How will this scholarship make a difference for you?” One page, single spaced with included essay title
  • GPA Verification
    Official confirmation of GPA or written acknowledgment of GPA by school administration.
  • Resume
    Current Resume (recommended but not required)

Please Note: Only completed applications will be considered.


The 2024 Foundation Scholarship is closed.

Please check back for our 2025 scholarship. 



How to Submit

Application packets can be submitted either by mail, or email. Completed application and all required documents must be submitted for consideration. Any incomplete submissions will not be considered.

Check back for details about the 2025 scholarship program.


Air Academy Federal Credit Union Foundation
ATTN: Foundation Committee
9810 North Union Blvd.
Colorado Springs, CO 80924


Subject: AAFCU Scholarship Application

More Information

2024 recipients will be notified by May 10, 2024. Awarded recipient must use the funds before March 2025. Awarded scholarships will be directly sent to accredited institution. Scholarship recipients are chosen based on academic merit, application question response, essay and community involvement. 



Contact AAFCU Foundation 

Raegan Walker
AAFCU Foundation Committee
800.223.1983 ext. 1047




If selected to receive a scholarship, you must agree the results will be posted on AACU social media and AACU website. First name and first letter of last name will be published. Photo release statement required. 17 years and under must have a parent or legal guardian signature on the application to qualify. Completed application packets must be postmarked by April 12, 2024, and received no later than April 19, 2024, to be considered. Proof of enrollment and acceptance to an accredited institution in the academic year after your selection is required. Awards will be made payable to the accredited institution. Scholarship cannot be redeemed for cash or certified check. Employees, interns, and employee family members are not eligible for this scholarship opportunity. Awarded recipient must use the funds before March 2025. We prohibit unlawful discrimination against applicants on the basis of disability, race, creed, color, religion, sex, sexual orientation, gender identity, gender expression, marital status, familial status, national origin, ancestry, military status, genetic information, or any other status protected by applicable state or local law.