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The Rupert McCoy Annual Education Grant


In honor of the late Mr. Rupert McCoy, and his more than 30 years of service as a dedicated volunteer, ambassador and advocate for the Credit Union, the Annual Education Grant will now be called The Rupert McCoy Education Grant. Mr. Rupert was fully committed to not only the credit union movement and philosophy in the Cayman Islands, but also regionally and internationally. As a Credit Committee Chairman and Board Vice President, he assisted CICSA Co-op Credit Union by offering several tailor-made training courses for members and staff. It is in this spirit of service and dedication to improving knowledge and education, that we honour Mr. Rupert by offering students educational grants in his name.

If you are a Credit Union member in good account standing, or immediate family to a Credit Union, pursuing post-secondary studies or technical and vocational training either locally, overseas or online, Our Credit Union invites you to apply for The Rupert Annual Education Grant.

The deadline to submit your completed application by email is 11:59pm, 30 April 2020. 

Annual education grants have been awarded by the Credit Union for 26 years (since 1994), providing more than KYD $2 million dollars in grants to Credit Union members. Last year (2019), the programme awarded over KYD $200,000 in monetary grants to 166 successful member applicants.

In 2020, the Credit Union has committed to increasing the educational grant amount from KYD$200,000 to KYD$300,000 so that we can expand more grant opportunities to those seeking to pursue technical and vocational training. No matter the type of education a member wishes to pursue, this opportunity is not limited to just young adults. Members as young as 17 as well as those over 40, 50 and even 70 years of age have been awarded grants to pursue tertiary studies overseas, locally or online.

Grant recipients are selected based on their academic record, character references, and area of study. The Rupert McCoy Annual Education Grant is one of the many benefits offered to Member-owners of the Credit Union and is intended to provide an opportunity for our people to fulfill their education and career goals. 

“The Credit Union differs from other financial institutions in that we put our members first. We provide affordable financial services and significant opportunities for lifestyle advancement to all of our members. The Rupert McCoy Education Grant Programme exemplifies our core value proposition of ‘Members Helping Members’, and allows us to provide real help to students and their families to achieve their educational goals,” - Michael Nixon, Chairman of the Credit Union’s Board of Directors.

How Do I Apply?

  1. Download and carefully review the grant Eligibility Criteria and Application form (see button link below).
  2. Download the Application Checklist to help you ensure you gather all requirements (see button link below).
  3. Complete the application form ELECTRONICALLY (or typed).
  4. Submit the application form and ALL other required documents to the email below . (Please, no handwritten forms).
  5. Contact us by email or phone to answer questions/get clarification before you submit your application

Important Tips

  1. Make sure you read and understand the criteria carefully.
  2. Make sure your application is complete and not missing any information.
  3. We are accepting applications by email only this year—no handwritten applications.
  4. Student photos, in passport-style, may also be submitted as an image attachment with application email.
  5. Use the checklist to be sure you haven’t forgotten anything.