Joseph A. Melbourne, Jr. Annual Scholarship Program. College students studying at a table.

CFE Federal Credit Union has an outstanding tradition of supporting our members’ pursuit of education. The 2019 Joseph A. Melbourne Jr. Annual Scholarship Program, named after CFE's former President and CEO, will award six undergraduate scholarships - worth a total of $10,000 each - to six lucky graduating high school seniors and two master’s level scholarships - worth $2,500 each - to CFE student members with accounts in good standing. 


To be eligible to apply, each applicant must meet ALL of the following criteria:

  • Applicant must be a current account holder, joint account holder, or named on a custodial account in good standing with CFE at the time of application submittal and scholarship award payout.
  • Undergraduate applicants must be graduating high school in the spring or summer of 2019 and be accepted into or enrolled in an accredited undergraduate program at a college, trade school, or university that is located in the state of Florida. (minimum 12-credit hour semester or full-time equivalent)
  • Master’s level applicants must be accepted into or enrolled into a master’s level program at the University of Central Florida. 
  • Applicant must have a current cumulative grade point average (GPA) of a 3.0 or higher.

The Award

CFE Federal Credit Union will be offering eight (8) scholarships for the 2019-2020 school year. 

  • Six (6) undergraduate scholarships will be awarded in the amount of $10,000 each and will be distributed over four years ($2,500 per year). 
  • Two (2) master’s level scholarships will be awarded in the amount of $2,500 each (one time payout).

Entry Requirements

When submitting the online application, all applicants must include the following:


Academic transcript(s):

  • High school applicants - must supply transcript copy for all classes taken in grades 9-12. Must show current GPA.
  • Master's applicants - must supply transcript copy of most recent classes taken. Must show current GPA.

Essay #1 – 100 words or less – outlining and/or demonstrating the importance of community service to the applicant.


Essay #2 - 100 words or less - The credit union philosophy is "People Helping People", what does this mean to you?


Letter of recommendation – letter should include applicant's demonstrated community service efforts.

Timeline, Judging, and Renewal

The online application must be submitted by Friday, March 1, 2019. Applications will be reviewed and judged by a scholarship committee within CFE. Personal information will be redacted prior to review by the scholarship committee. Missing information within application will result in disqualification. The credit union is under no obligation to contact applicants regarding missing information. Winners will be selected and notified by March 29, 2019. Scholarship check will be made payable jointly to the recipient and their designated school and will be mailed directly to the school. CFE employees, officials, immediate families of employees, and immediate families of officials are not eligible. All decisions made by CFE will be final. One application per person allowed. 

For undergraduate scholarship renewals, CFE will need the following information to be emailed to CFE's marketing department at marketing@mycfe.com:

  • Proof of completion and grades from the last semester the scholarship was applied.
  • Proof of full-time enrollment for the upcoming fall semester.

If you have questions concerning this scholarship, please contact the scholarship coordinator at 407-896-9411 ext. 2543 or the CFE Contact Center at 407-896-9411. 


Application submission period is now closed. Winners will be announced by April 30, 2019.