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 Credit Union Association of New York and other industry-related organizations.
Application Process
The online application form can be completed and submitted online if you have Adobe Acrobat Reader version 6 or higher installed. Please note that you will not be able to save the document electronically. Be sure to print a copy for your files before hitting the “Submit” button. If you are unable to submit the application via e-mail, please use the printable application form and e-mail, fax or mail it to us.
Grant Range
$49-$2,000
Eligibility Requirements
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 Credit Union Association of New York.
Use of Grant Funds
Professional development grants may be used for registration fees. In special cases, funding may be used for travel and/or lodging if there are no registration fees for a program or conference, or if those fees have been reduced by the hosting organization.
Special Instructions
- If the grant request is for an Association training session or for Convention, be sure to complete the online E&T registration form in addition to the online grant application form.
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Credit unions may submit more than one application for Professional Development throughout the year until they reach the $2,000 limit.
Deadlines
Professional development applications may be submitted throughout the calendar year or until grant funds have been disbursed.
The applicant will receive notification of a grant award decision within seven (7) business days from the date of the application submission.
Review Criteria
NYCUF will evaluate the grant application based on your credit union’s financial need and performance.
Grant Award Limits
For Professional Development grants, the award limit is $2,000 per credit union. This does not mean that your credit union is guaranteed $2,000 from the Foundation.
Please note: Each credit union is eligible for a maximum of $4,500 in total grant funding per year. This includes all Professional Development, Financial Fitness and Smart Money grants
Contact Allison Barna via e-mail at allison.barna@cuany.org or by phone at (800) 342-9835, ext. 8134.
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Funding Source Funding is made possible thanks to New York credit unions that participate in the Community Investment Fund (CIF). |
