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Pictures of the four 2019 COFCU scholarship winners being presented with big checks

Central One Federal Credit Union Academic Scholarship

Central One is now accepting applications for our 2020 Academic Scholarships through May 1st for graduating students from Algonquin Regional High School, Auburn High School, Shrewsbury High School and Westborough High School. Applicants must be graduating this spring, entering a four year accredited program this fall, and majoring in Business and/or Finance.

Consideration will be based on academic merit, school activities/community involvement and need.  Each school will have one recipient selected from their eligible applicants. One (1) $4,000 award, will be payable at $1,000 per year while enrolled in a four year program at an accredited college or university. Three (3) $1,000 awards are one-time awards, payable to the student with proof of attendance.

Please email completed application to by May 1, 2020.

2020 Central One Federal Credit Union Scholarship Application


Our 2019 winners

$4,000 scholarship recipient ($1,000 payable each year over 4 year program)

Ralph Liu, Westborough High School


$1,000 scholarship recipients

Jason Goguen, Algonquin Regional High School

Ethan Ly, Auburn High School

Sherraina Song, Shrewsbury High School

Massachusetts Credit Union League Scholarship

The 2020 application is now closed.