National ATMsMagnifi Financial Scholarships
Magnifi Financial is offering $20,000 in scholarships to eligible members.
Apply for a Scholarship
We are excited to continue our scholarship program for our members! Magnifi Financial has helped students pay for their education for over a decade with scholarship money. Credit unions return profits to the members in many ways; this scholarship program is a great way for members to benefit from having an account with Magnifi Financial!
This year, the Magnifi Financial Scholarship Program will award twenty (20) $1,000 scholarships to students of all ages with plans to enroll at a qualifying post-secondary school during the 2026-2027 school year.
The 2026 Scholarship
Winners are posted below and will be able to redeem their scholarships starting December
2026.
APPLICATION
In a short essay or video, explain:
" Reflecting on your personal journey with money and financial education, what key experiences or lessons have shaped your perspective on financial success? In what ways will you apply this knowledge to achieve independence, make thoughtful financial decisions, and inspire others as you pursue your educational and career goals?"
Essays and videos will be judged on creativity, originality, and the ability to deliver an impactful message.
Applications are reviewed and scored by a Kaleidoscope panel of judges.
For application assistance, please contact the Kaleidoscope team: (800) 278-8762 or visit help.mykaleidoscope.com
ELIGIBILITY
- Be a member of Magnifi Financial and in good standing.
- Be planning to attend an accredited college or university, or a two to four-year community, vocational or technical college in Fall 2026. All eligible schools must be accredited by the U.S. Department of Education.
- Be a full-time or part-time student at the school that you are planning to attend (can be traditional or non-traditional).
- Applicant cannot be a previous recipient of a Magnifi Financial (or Central Minnesota Credit Union) scholarship.
TIMELINE
- November 4, 2025 - January 31, 2026: Essay and video applications are accepted.
- December 1, 2025 - Previous year scholarship winners listed below can submit a request to collect scholarship funds.
- February - March 2026: Essays are evaluated and scored
- March 2026: Final verification of recipients.
- March - April 2026: Winners announced on this webpage and contacted by email/mail.
Announcing our 2026 Winners
If you're a winner listed below, you may submit a request for your scholarship funds after your Fall 2026 semester is completed.
$1,000 Scholarship Winners
Oliver Berckes – Alexandrea Technical and Community College
Marin Buermann – Rochester
Community and Technical College
Paul Dorr – Benedictine College
Jaden Ebnet – North Dakota
State University
Bryce Frericks – North Dakota State College of Science
Nicole Hess –
University of Minnesota – Duluth
Rishabh Jain – Indiana University
Grant Kiley – St. Cloud
State University
Carden LaBine – St. John’s University
Claire Lecy – Augustana
University
Ava Grace Mader – Mankato State University
Katelyn Mareck – College of Saint
Benedicts
Abigail Mohs – University of Mary
Madalyn Notch – St. Cloud Technical and
Community College
Olivia Rosenthal – North Dakota State University
Hailey Shay – Winona
State University
Kendra Vossen – Mankato State University
Loriana Walter – North Dakota
State University
Madelyn Wehrspann – Central Lakes College
Madison Winkels – Minnesota State
University Moorhead
This link is for the 2025 Magnifi Scholarship Winners awarded last spring. You have
until May 31, 2026 to claim your scholarship funds.
Minnesota Family Involvement Council
Disbursements of Funds & Accountability
The recipient is responsible for providing Magnifi Financial with their Fall transcript, showing the official grades and proof of registration for Spring classes to receive scholarship payment. Recipients must maintain a minimum of a 2.0 on a 4.0 GPA scale, or equivalent of a “C” average in order to receive their funds. Must be redeemed from Magnifi Financial by May 31 of the qualifying school year. If any questions contact us at 888.330.8482 or on our Contact Us webpage
Financial need is not considered in the selection of the scholarship money. Employees and immediate family members of Magnifi Financial employees are not eligible to enter. Transcripts and letters of recommendation sent with the application will not be considered. Video entries must not be derogatory, offensive, threatening, defamatory, disparaging, and libelous or contain any content that is inappropriate, sexual, profane, indecent, slanderous, and discriminatory in any way.
Join the Magnifi Family!
At Magnifi, you're not just a member-owner of an award-winning credit union, you become part of the Magnifi family and receive all the benefits and perks you need to succeed financially.
