Scholarship Value: $4,000
Awards Available: 24
Award Deadline:
Mar 3, 2025
The CBAI Foundation for Community Banking offers 24 scholarships to top Illinois high-school seniors statewide each year. The scholarship awards available this year by the Foundation total $21,500. These scholarship awards help deserving students highlight the importance of community banking to the local economy. You could win up to $4,000 for higher education, and your school is eligible to win $500!
WHO IS ELIGIBLE?
A: Eligible students are llinois high‐school seniors graduating in the spring and entering an institution of higher education in the summer or fall immediately following. They must be United States citizens and Illinois residents. The immediate family members of community bankers and part‐time bank employees are NOT eligible to enter from ANY CBAI member bank. (The Foundation offers separate scholarships for the children and grandchildren of community bankers associated with eligible banks.) Part‐time employees of ANY CBAI member bank are also ineligible.
HOW ARE THE WINNERS CHOSEN?
Each participating CBAI member bank sends the CBAI Foundation for Community Banking essays to judge.* Each essay is numbered and separated from its cover sheet so that the judges are unaware of the student’s name, hometown, and sponsoring bank. Based on the published criteria, the CBAI Foundation for Community Banking Scholarship Committee, all community bankers, judge the essays. Based on point totals derived from the judging criteria, the scholarship funds are awarded accordingly.
How to Apply:
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Scholarship Value: $4,000
Awards Available: 24
Award Deadline: Mar 3, 2025