CRA 2020 Scholarship Program

Deadline Extended To April 7!

Colorado Retirement Association is pleased to present once again the annual CRA Scholarship Program. Now in its 14th year, the scholarship program is awarded to active CRA participants and their dependents to support advancement through higher education. In 2003, the CRA Board of Directors resolved to permit any board member that wished to forego their annual board member stipends and contribute toward this scholarship fund. 

Exciting news starting this year: The scholarship will now award a one-time $2,000 award per selected applicant (up to six recipients per year). 

Scholarships are available for active CRA employee participants and their dependents residing in Colorado who are attending a college, university or technical school no later than September 2020. Applicants must submit the scholarship application and required supporting materials by April 7, 2020. All applicants will be notified of the recipient selections once the Board’s review process has been completed.

Below are details about the scholarship program and the link to access the application, which should be completed online.

This notice is being sent to email addresses on file associated with CRA employee participants. CRA member employers, we appreciate your help in communicating this scholarship opportunity.

Click here to submit the scholarship application and required materials

CRA 2020 Scholarship Details

Disbursement of Funds:

Up to six scholarship recipients per year will be selected for the CRA Scholarship Program. Awards will be made in a one-time payment in the amount of $2,000.

Checks will be made out to both the recipient and the college of their choice.

Eligibility Criteria:

Scholarships are available for active CRA employee participants and their dependents residing in Colorado who are attending a college, university or technical school no later than September 2020. No preference is given based on a student’s choice of college or university, high school, city of residence or financial need. Relatives of board members, officers or employees of CRA are not eligible.

Use of Funds:

Any institute of higher education including vocational institutes. Award will be disbursed in July of each year.

The award may be used for room, board, tuition, books and fees.

Application Process and Criteria:

CRA will send out notices to all CRA member employers and employee participants whose email addresses are on file.

Applicants must complete the online application and required supporting materials by April 7, 2020.

Click here to submit the scholarship application and required materials

The application must include an original essay, cumulative GPA, details of community service/leadership potential, letters of recommendation, transcript and standardized test scores (ACT or SAT), if applicable.

All applicants will be notified of the recipient selections once the CRA Board of Directors review is completed.

Award recipients are selected based on:

  • Complete submission of all required materials
  • Academics (GPA, transcript and SAT/ACT score)
  • Demonstration of leadership potential
  • Community service
  • Personal essay
  • Submission of two letters of recommendation from teachers, employers, coaches, mentors, etc.
  • Any other criteria the Board may consider

CRA Scholars may attend any undergraduate college or institution offering post­ secondary education. We are looking for students who have been actively involved in their schools and communities and who have demonstrated leadership, initiative and a commitment to advancement through higher education.

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Colorado Retirement Association will be closed from 3 p.m. MT on Friday, Feb. 14, through Monday, Feb. 17, in observance of President’s Day.

Given the financial markets also will be closed for President’s Day, CRA’s recordkeeper will be closed on Feb. 17 with the exception of the service center, which will be open from 7 a.m. to 5 p.m. MT and can be reached at 800.352.0313.

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