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Rave Financial Scholarship

Rave Financial Credit Union

Foundation Annual Grants for Education

Funding Amount

$2,500 per scholarship (10 scholarships awarded annually)

Deadline

Deadline not published

Grant Type

Foundation

Deadline history & next window

Cycle
Annual
Tracked since
April 2026

Source: the cycle recorded on this listing. Confirm dates with the funder.

Can we apply?

Check your organization against each line. Taken from the listing; confirm with the funder's guidelines.

Eligible organizations

  • Academic Status: Graduating high school senior from the 2025-2026 school year
  • Anyone who lives, works, worships, or attends school in the eligible counties

Other requirements

  • Applicants must live, work, worship, or attend school in the following Texas counties:
  • Jefferson
  • Hardin
  • Orange

Overview

Rave Financial awards ten scholarships for $2,500 each annually to members who are graduating high school and seeking higher education.

Geographic Scope

Applicants must live, work, worship, or attend school in the following Texas counties:

  • Jefferson
  • Hardin
  • Orange
  • Jasper
  • Newton
  • Tyler
  • Chambers
  • Liberty
  • Galveston
  • Harris
  • Montgomery
  • San Jacinto
  • Polk
  • Angelina
  • San Augustine
  • Sabine

Eligibility Requirements

  • Membership Status: Must be in good standing as a member of Rave Financial
  • Account Requirement: Applicant must be the primary account holder of a Rave Financial share account that existed by March 6, 2026 (parents' or legal guardians' accounts do not qualify)
  • Academic Status: Graduating high school senior from the 2025-2026 school year
  • Educational Goals: Seeking advanced education at an accredited higher education institution
  • Application Limit: Only one application per member allowed

Membership

Not currently a Rave Financial member? Membership is open to anyone who lives, works, worships, or attends school in the eligible counties.

Contact Information

  • Phone: 800.892.1111
  • Text: 409-788-RAVE
  • Mailing Address: P.O. Box 12849, Beaumont, TX 77726
  • Routing Number: 313177727
  • Website: bankwithrave.com

How to Apply

Application Process

  1. Verify Membership Status: Ensure you are in good standing as a Rave Financial member with a primary account holder share account established by March 6, 2026
  2. Submit Scholarship Application: Complete and submit the official scholarship application form (use the link provided on the scholarship page)
  3. Submit Biography or Resume: Prepare a brief biography or resume outlining your personal goals
    • File naming requirement: Save as "LastName_FirstName-Bio"
  4. Submit Essay: Write a 500-word minimum essay responding to the scholarship essay question
    • File naming requirement: Save as "LastName_FirstName-Essay"
    • AI Content Policy: All essays will be reviewed for AI-generated content. AI-generated responses will result in a lower score.
  5. Submit by Deadline: Complete all submissions on or before the deadline date

Required Materials

  • Completed scholarship application form
  • Brief biography or resume
  • 500-word minimum essay in response to the provided question

Important Notes

  • Only one application per member is allowed
  • AI-generated essay content will be detected and penalized
  • Submit all materials before the deadline

What Rave Financial Credit Union actually gave

Source: IRS Form 990, 2024

Grants in 2024
5
Total given
$42K
Median grant
$6,000
Range
$5,000–$18K
  • By dollars: Texas 57%, Georgia 43%. Top recipient cities: Beaumont, TX; Atlanta, GA; Mont Belvieu, TX.
  • 0% of grants with a stated purpose were for general or operating support.

Example grants

  • American Cancer Society · Atlanta, GA

    Sponsorship

    $18K

  • Chambers County Childrens Museum · Mont Belvieu, TX

    Sponsorship

    $7,000

  • United Way of Beaumont · Beaumont, TX

    Sponsorship

    $6,000

  • Greater Beaumont Chamber of Commerce · Beaumont, TX

    Sponsorship

    $5,750

  • Beaumont Childrens Museum · Beaumont, TX

    Sponsorship

    $5,000

IRS Form 990, 2024. Amounts as reported by the funder. Full 990 history →

Focus Areas & Funding Uses

Fields of Work

  • Education

Categories

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