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Belco's Online Banking

Elton “Miller” Peterman Scholarship Program

Belco’s 2025 scholarship application will be available in December 2024.

Belco is proud to recognize the achievements of deserving students and support their continued education and training. Our annual scholarship program is an important part of our credit union’s commitment to giving back to the communities we serve.

Our role as a community leader is possible in part because of Elton “Miller” Peterman, a true visionary we are fortunate to remember as one of our founding fathers. He and several other employees of the former Bell Telephone Company pooled their funds to establish Harrisburg Belco Federal Credit Union in 1939.

Scholarship Details

Each year, Belco awards five $1,000 scholarships:  three to graduating high school seniors, and two to members who are continuing their education.

Eligibility Requirements:

  • Applicant must be a Belco member
  • Applicant must be a graduating high school senior or enrolled in post-secondary education
  • Student must have a minimum 2.5 cumulative GPA

Our scholarship application is completed and submitted entirely online. Note: The application is not accessible on Internet Explorer. For best results, use Google Chrome, MS Edge or Firefox.

Applicants must submit a 300 to 500-word essay as part of the scholarship application.

Decisions will be made by the Belco Scholarship Selection Committee; all decisions are final.

Good luck to all applicants!