How to Apply for a Professional Development Grant
The New York Credit Union Foundation provides financial assistance to credit union employees and volunteers for attending education and training programs offered by the New York Credit Union Association.
Up to $2,500
All federal- and state-chartered credit unions located in New York State are eligible to apply. Applicants must be able to demonstrate financial need as a requirement for this program. The total amount of a grant award will vary for members and non-members of the New York Credit Union Association.
Use of Grant Funds
Professional Development Grants may be used for registration fees to attend professional development training and education workshops and conferences offered by or through the New York Credit Union Association.
- Credit unions may submit more than one application for Professional Development throughout the year until they reach the maximum fund limit
- Credit unions are limited to using Professional Development Grants no more than two consecutive years for an event. For example: A grant is used for two years in a row for the Volunteer's Conference, allowing two different volunteers to attend, one each year. The third year, the credit union cannot use a Professional Development Grant for the Volunteer's Conference.
Professional Development online applications may be submitted throughout the calendar year or until grant funds have been depleted.
Professional Development Grant requests must be received at least ten days prior to the event.
The applicant will receive notification of a grant award decision within seven (7) business days from the date of the application submission.
The Foundation will evaluate the grant application based on your credit union's financial need and performance.
Grant Award Limits
The maximum funds a credit union can receive per year calendar year for a professional development grant is $2,500. Grant program guidelines are subject to modification at any time and are contingent upon the availability of funds. Unique circumstances may result in grant awards being approved beyond the maximum dollar amount listed above. Applying for a Professional Development Grant does not guarantee funding or full funding allotment.