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Joseph A. Melbourne, Jr. Annual Scholarship Program

The Joseph A. Melbourne Jr. Annual Scholarship Program, named after Addition Financial'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 student members with accounts in good standing. Now accepting applications until Sunday, March 1.

2020 Scholarship Winners

Undergraduate Winners

  • Laury Demorcy

    Dr. Phillips High School

  • Charlotte Farr

    Lake Brantley High School

  • Chanel Gerena

    Cornerstone Charter Academy

  • Camilla Horne

    William R. Boone High School

  • Amaya Tank

    Freedom High School

  • Ayden Woelk

    St. Cloud High School

Master's Winners

  • Addyson Hudson

    University of Central Florida

  • David Ballentine

    University of Central Florida


To be eligible, applicants must meet all of the criteria.

  • Applicant must be a member

    Applicant must be a current account holder, joint account holder (e.g., on a parent's account) or named on a custodial account in good standing with Addition Financial at the time of application submission and scholarship award payout.

  • High School Applicants

    High school applicants must be graduating high school in the spring or summer of the year they are applying 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 Degree Applicants

    Master’s level applicants must be accepted into or enrolled into a master’s level program at the University of Central Florida.

  • GPA Requirements

    Applicant must have a current cumulative grade point average (GPA) of a 3.0 or higher.

The Award

Addition Financial will be offering eight scholarships in total. Two master's level scholarships and six undergraduate scholarships. 

  • Six undergraduate scholarships.

    Each undergraduate scholarship winner will be awarded $10,000 over four years. ($2,500 per year.)

  • Two master's scholarships

    Each master's scholarship winner will be awarded $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 degree applicants must supply transcript copy of most recent classes taken. Must show current GPA.

Essay Question #1: In 50 words or less, how has financial education impacted your life?

Essay Question #2: In 50 words or less, what does financial success mean to you?

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

Timeline, Judging & Renewal

Applications will be reviewed and judged by a scholarship committee within Addition Financial. 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 the end of March each year. Scholarship check will be made payable jointly to the recipient and their designated school and will be mailed directly to the school. Addition Financial employees, officials, immediate families of employees and immediate families of officials are not eligible. All decisions made by Addition Financial will be final. One application per person allowed. 

For undergraduate scholarship renewals, Addition Financial will need the following information to be emailed to our marketing department at marketing@additionfi.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, please contact the scholarship coordinator at 407-896-9411 ext. 2543. 

Scholarship Application

Winners for our 2020 scholarships have been selected and notified. The scholarship application period will re-open again January 2021.

High School Applicants
Master's Degree Applicants