Scholarship Program

Citizens Bank Minnesota awards six scholarships each year to local graduating seniors who will be attending post-secondary education. Scholarship America performs the selection process and administration. This program was instituted at Citizens as a way to show our commitment to the community and our belief in today's youth. Citizens plans to continue this tradition for years to come!

Eligibility:

Applicants for the scholarship program must be high school seniors, who plan to enroll in a full-time undergraduate course of study at an accredited four year or two year college or university in the fall following graduation. This program is available to Citizens Bank Minnesota customers. Requirements include that the student be a customer of Citizens with an open and active checking account. The applicant must also complete the required educational banking videos and questionnaires before applications are distributed.

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Scholarship courses:

Students applying for the scholarship are required to watch two scholarship videos, found on our website. These courses focus on teaching valuable lessons in budgeting, credit and saving. Students must complete and submit a questionnaire for each video.

Awards:

We award 6 scholarships. 1 - $1,000 scholarship that may be renewed for an additional three years, on the basis of satisfactory academic performance and maintaining full-time enrollment. 3 - $1,000 non-renewable scholarships. 2 - $500 non-renewable scholarships. Not all applicants will be selected to receive an award. To be eligible for the $1,000 renewable scholarship you must plan on attending a 4-year post secondary institution. All applicants must have an open and active checking account with Citizens, and also complete the Real Life Skillz videos and questionnaires before applications are distributed. All scholarship dollars will be paid directly to the post-secondary institution.

Application:

Interested students must complete the application they receive after fulfilling the requirements set by the bank. Applicants are responsible for gathering and submitting all necessary information. Applications are evaluated on the information provided; therefore, the applicant must answer questions to the fullest extent possible. All information received is considered confidential and is reviewed only by Scholarship America. 2021 graduates - check back for application availability.

Selection of Recipients:

Scholarship recipients are selected on the basis of academic record, potential to succeed, leadership, participation in school and community activities, honors received and work experience. Students are also asked to complete a statement of educational and career goals, and submit an outside appraisal from a teacher or counselor. Financial need is not considered. Selection of recipients is made by Scholarship America. In no instance does any bank or school official play a part in the selection. All applicants agree to accept the decision of Scholarship America as final.