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IHMVCU Cash for Class Scholarship
IHMVCU is partnering with the Dream Education Foundation (DEF) to offer more than $30,000 in scholarships to local undergraduate, graduate and vocational/technical school students who stand out in the classroom and stand up in their communities. Since 1999, IHMVCU has invested nearly $400,000 in scholarships for more than 300 students.
To be eligible*, all applicants must:
- Be a member by the application deadline
- Be a graduating high school senior or a current college student
- Be enrolled at an accredited two-year or four-year college, university or vocational-technical school
- Provide 2 references
- Complete the online application and essay/video
- Submit all materials by 5 p.m. on the application deadline. Late submissions will not be accepted under any circumstances
- Essays may be submitted in the form of a 500-word essay in PDF format or 2-minute video on the topic below (max file size of 10 MB)
2025 Essay Topic: How do you think AI will impact your future and the world around you, and what ethical issues do you think we need to consider as AI grows?
*IHMVCU employees are not eligible. Recipients of the IHMVCU Scholarship are eligible to re-apply annually. Applications must be completed each year and submitted to the scholarship committee via the online application.
Please note: Paper applications and recommendations will not be accepted.
![scholarships-r-content-1-min Girl reading scholarship letter](/images/default-source/pages/scholarships/scholarships-r-content-1-min.jpg?sfvrsn=f8411d9a_2)
![Group of graduating students Group of graduating students](/images/default-source/pages/scholarships/scholarships-l-content-1-min.jpg?sfvrsn=f9411d9a_2)
Scholarships are awarded as such:
- $10,000: 1 scholarship
- $5,000: 2 scholarships
- $2,500: 1 scholarship**
- $1,000: 9 scholarships***
**$2,500 scholarship will be awarded to a member with the highest overall application score in the Des Moines area.
***$1,000 scholarships will be awarded to members with the highest overall application score in each community.
- Four $1,000 winners in the Quad Cities.
- Three $1,000 winners in DeWitt, Galesburg and Kewanee.
- One $1,000 award to a student attending Carl Sandburg College.
- One $1,000 award for the family member of an IHMVCU employee+.
If any community does not have a worthy applicant, no scholarship will be awarded.
IHMVCU has the ultimate authority to amend any of the above rules to ensure fairness in the award of the scholarships.
+IHMVCU Family refers to spouses, children, and grandchildren of IHMVCU employees and board of directors.
Illinois Quad City Chapter of Credit Unions Scholarships
Two $1,000 scholarships will be awarded to anyone belonging to a participating Illinois credit union. As an active participant of this association, IHMVCU members qualify to participate in this scholarship program.
Apply now
Applications must be submitted by Feb. 15, 2025.
![Group of students reading together Group of students reading together](/images/default-source/pages/scholarships/scholarships-r-content-2-min.jpg?sfvrsn=fb411d9a_2)
![Group of students Group of students](/images/default-source/pages/scholarships/scholarships-l-content-2-min.jpg?sfvrsn=fa411d9a_2)
Warren A. Morrow Memorial Scholarship
Traditional students:
Open to any IHMVCU member high school and post-high school students planning to enroll in post-secondary education in 2025.
Non-traditional/continuing education students:
Open to any IHMVCU member attending or planning to attend an accredited undergraduate or vocational program in 2025.
Applications must be submitted by 5 p.m. CT on Feb. 7, 2025.
2024 Cash for Class Recipients:
Kimbree Callahan: $10,000 winner
Alyssa Gauss: $5,000 winner
Isabelle Bolton: $5,000 winner
April Kelley: $1,000 winner
Autumn Kongkouson: $1,000 winner
Brooke Bloom: $1,000 winner
Emma Smith: $1,000 winner
Brooke Smeltzly: $1,000 winner
Emma Strajack: $1,000 winner
Paige Swain: $1,000 winner
Maxwell Bassman: $1,000 winner
Taylor Burke: $1,000 winner
View all of our 2024 Cash for Class scholarship winner surprise videos on YouTube.