Friday, February 27, 2015

UCU is now accepting 2015 Scholarship applications!

Slawko Borys,
Chair, Scholarship Committee,
UCU Board of Directors
It’s that time of year again. The time to start thinking about how you are going to afford another year of school. If you are a member of Ukrainian Credit Union Limited (for a minimum of two years) then we want to help you out. I want to invite you to think about applying for one of our scholarships.
Every year, Ukrainian Credit Union Limited gives out thousands of dollars of scholarships to the best and brightest students attending university or college. 

We have three major awards:

·     Michael Rebryk Memorial Scholarship Award – $2,500
·     Wasyl Sytnyk Memorial Scholarship Award – $2,500
·      UCU Board Chair’s Scholarship Award – $2,000

We also give out a number of $1,000 Community Leadership Awards. Following, are brief descriptions of each of these awards. For full details and eligibility requirements, please visit our web site at

Michael Rebryk Memorial Scholarship
This award of $2,500 is given in honour of Michael Rebryk (1927‐2010). It is awarded to students showing community involvement and studying in the fields of either sports & recreation OR performing arts (Music, Dance, Drama, etc.). Mr. Rebryk was first elected to the UCU Board on February 20, 1966 eventually becoming its second president/chair in 1981. Mr. Rebryk held the post of Chair until 1997. Upon his retirement from the Board on January 26, 2000, the Board honoured Mr. Rebryk for his over three decades of active service to the credit union by appointing him an Honorary Life Director.

Mr. Rebryk was a very active member of the Ukrainian National Federation and the broader Ukrainian community in Toronto. He was a sports enthusiast who was a onetime basketball and volleyball coach and who helped introduce baseball into Ukraine in the early 1990s. He had a great tenor voice and loved to sing and was a past member of the UNF Boyan Choir and the St. Demetrius choir for many years.

Wasyl Sytnyk Memorial Scholarship Award
This award, valued at $2,500, is given in honour of Wasyl Sytnyk (1907‐2000). It is awarded to students showing community involvement and studying in the fields of business, finance, banking, IT, marketing, computer science and wealth management. Wasyl Sytnyk led Ukrainian Credit Union through its early years, serving as its first President of the Board from 1944 until 1979. Upon his retirement from the Board in 1987, Mr. Sytnyk was appointed Honorary Director for Life for his outstanding contribution to our credit union. In recognition of his exemplary service to Ontario's credit union movement, Mr. Sytnyk was awarded the Credit Union Central of Ontario's Distinguished Service Award in 1982. In addition to his role as UCU President, Mr. Sytnyk was a long‐time president of the Council of Ukrainian Credit Unions of Canada, The World Council of Ukrainian Co‐operatives, and was very active in the church and organizational life of the Ukrainian Community.

UCU Board Chair’s Scholarship Award
This award, in the sum of $2,000 is awarded to students showing community involvement and studying in various fields of ukrainianistics.

UCU Community Leadership awards
These awards are each valued at $1,000 and may be given to one or more students each year. The UCU Community Leadership Awards are given to students showing community involvement and studying in various programmes in a post-secondary educational institution.

Application process and deadline
We think you are worthy of a scholarship from Ukrainian Credit Union Limited. Do you? Apply now, before the deadline of March 16, 2015. For applications and full details, please visit our website at

Cooperatively yours,
Slawko Borys
Chair, Scholarship Committee
Ukrainian Credit Union Limited

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