Our Real Life Seminar will be held on February 17, 2014.
Citizens Bank Minnesota awards two or more 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!
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 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 attend the required educational banking classes before applications are distributed.
Students applying for the scholarship are required to attend the Real Life 101 seminar. This seminar focuses on teaching valuable lessons in banking. The classes include Checking, Loans, Investments, Insurance and Online Banking tools. The classes will include lecture and also real life examples, such as showing students how to work a budget, what is needed to apply for a loan, and various investment options to name a few.
Scholarship awards are $1,000.00 each. Awards may be renewed for an additional three years, on the basis of satisfactory academic performance and maintaining full-time enrollment. Not all applicants will be selected to receive an award.
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. Applications must be completed and postmarked by the deadline set by Scholarship America.
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.
Contact Scholarship Coordinator Sarah Seifert for more information.