THE YVETTE HALL SCHOLARSHIP PROGRAMME

PSCU Credit Union’s Education Committee introduces the Yvette Hall Scholarship Programme.

This Scholarship Programme is inspired by Mrs. Yvette Hall, a distinguished and dedicated member of PSCU Credit Union since 1988. An Attorney at Law, Mrs. Hall has notably contributed to PSCU, holding the role of President in 2003, 2014, 2015 and 2020, as well as Vice President in 2018 and 2019. Known for her hard work, charm, and practical approach, Mrs. Hall’s commitment to PSCU is underpinned by her adherence to the principles of sound business judgment and prudence. Therefore, it is fitting that PSCU’s first scholarship programme is in honour of Mrs. Yvette Hall.

Scholarship Details

This Scholarship Programme shall allocate the gross sum of Fifty Thousand Dollars ($50,000.00 TTD) per year to individuals across Trinidad and Tobago who satisfy the requirements for acceptance.

This sum is ONLY to be utilised to pay for the tuition of persons seeking to obtain an educational certificate or tertiary level training in a Course related to Credit Unionism.

This Scholarship can be granted for a Short Course from an accredited Educational Institution within the Caribbean and/or abroad, which typically costs between One Thousand Dollars ($1,000.00 TTD) to Thirty-Five Hundred Dollars ($3,500.00 TTD).

Benefits of a Scholarship Programme

Accessible and Affordable Education.
Encouraging Philanthropy within the organisation.
Attracting skilled individuals who can, in turn, contribute to the organisation.
Supporting members in their continued educational endeavours.
Enhancing brand identity for the organisation.

Programmes accepted for this Scholarship

The Scholarship shall be awarded to those individuals who are pursuing courses related to Credit Unionism. This includes, but is not limited to, the following:

Certificate in Credit Union Management

TT$3,000.00 per candidate OR USD $450.00

Critical Skills for Board Governance in the Digital Era

TT$2,500.00 per candidate OR USD $320.00

Essential Operational Skills and Strategies for Credit Committee Members

TT$1,500.00 per candidate OR USD $225.00

Essential Operational Skills and Strategies for Supervisory Committee Members

TT$1,500.00 per candidate OR USD $225.00

Governance, Leadership and Enhancing Financial Literacy

TT$2,500.00 per candidate OR USD $320.00

Educational Institutions acceptable for this Scholarship

This Scholarship shall be awarded to those individuals who pursue courses from accredited Institutions. Such Institutions shall include, but are not limited to, the following:

Cipriani College of Labour and Co-operative Studies
Schools accredited by the Accreditation Council of Trinidad and Tobago (ACTT) in relevant disciplines

Eligible Applicants

All eligible applicants must be between the ages of 18 and 50 years old, and include persons from the following categories:

1. PSCU Membership 2. Youth Arm Board/Committee Members
3. Staff Members 4. Board and Committee Members

Requirements for Acceptance

In order to be considered for this Scholarship, an individual must meet the following requirements:

Must be a member in good standing at the PSCU; Applicants must be a member in good standing for at least one (1) year prior to applying for the scholarship.
A minimum share balance of five hundred dollars ($500.00 TTD)
Must be pursuing one of the educational programmes listed in Part 5.2 above.
Must be admitted by an accredited educational institution and demonstrate proof of same.
Must demonstrate good character, integrity and a desire and willingness to work with the PSCU.

Terms and Conditions of Scholarship Programme

All individuals who have been awarded this Scholarship are bound by the following terms and conditions. The Individual shall:

Upon the completion of the course of study and within a period of one (1) month from the date of completion, submit to the PSCU proof of successful completion of the course and/or an original or certified copy of the Educational Certificate obtained.
If called upon, use the skill, knowledge and material obtained from the course of study to contribute towards the organisation in some means or manner as determined by the Education Committee.

The Individual shall not:

Abandon his/her course of study
Use the sum of money awarded for any purpose other than the tuition for the Educational Programme.

Contractual Obligation

Recipients of a PSCU Scholarship will have a contractual obligation to, upon completion of study, serve the organisation in at least one (1) capacity for a stipulated period. This period will be dictated by the amount of scholarship funding received by the individual. This can include for promotional purposes or participation in one of the ad hoc committees of PSCU.

The scholarship covers the cost of tuition up to a maximum of three thousand five hundred Dollars ($3,500.00).
Funds will be paid directly to the financial institution.
The scholarship is not renewable. The funds will not be automatically carried over into another year, nor will they be made available for resits.

The Individual shall not:

Abandon his/her course of study
Use the sum of money awarded for any purpose other than the tuition for the Educational Programme.

Termination of Scholarship Benefit

PSCU will request a return of any sums provided to the awardee in the event of any breach of the terms and/or conditions stated in the Scholarship Agreement, including but not limited to the following:

Abandonment of the course of study after progress has started.
The decision not to pursue the Educational Programme after having been granted a Scholarship.
Misuse of the sums granted, i.e. for purposes other than the course of study.

A formal written request shall be made to said individual to return the sum of money granted to them by the PSCU. Failure to do this within a reasonable time period (to be determined by the Education Committee) shall result in legal action being taken against said individual for the return of the sum awarded with interest and costs for legal fees.