Official Rules:

These Official Scholarship Rules are specific to the Indiana Members Foundation Robert E Martin (REM) Collegiate Scholarship Program.  By applying for this collegiate scholarship, each student applicant agrees to be bound by the Official Scholarship Rules.

Applicant Eligibility

Each Applicant must:
Be an Indiana Members Credit Union (IMCU) member in good standing with his/her IMCU account opening date no less than six months prior to the time of application.

Be intending to study full-time (minimum of twelve (12) credit hours) at an accredited college or university in a two or four year undergraduate degree program, for the fall semester

Have a weighted cumulative GPA of 2.5 or higher on a 4.0 scale.

Be between the ages of 17 and 24.

NOTE: IMCU employees and IMCU employees’ relatives are not eligible for the REM.

Scholarships Awarded:

There will be up to ten (10) $5,000 scholarships paid for a total of $50,000 in scholarships.Dollar amounts available for scholarships may change on an annual basis, based on the financial commitment available from the Indiana Members Foundation.

Applying for the Scholarship:

Applications will be accepted annually from January 1 thru March 31.

Supporting Documents required for submission include:

Official Copy of most recent grades (including cumulative GPA)

First year students, must submit a copy of college or university acceptance letter

Printed & Signed Scholarship Release, Permission & Consent Form.  Click Here for Form

Supporting documents can be uploaded with the desktop application.  If applying by mobile device scan and email to [email protected], fax to (317-554-8121) or mail to the Indiana Members Foundation, 5103 Madison Av, Indianapolis, IN 46227.

Mobile users scroll down for the REM Application.