While you look at different scholarship opportunities and apply to receive awards, talk with your local bank to see what they offer. Many banks give scholarships to help students achieve their academic goals and pay for high tuition costs. We have put together a list of ten national scholarships offered by banks. Your local bank may offer other scholarships, so we recommend that you check with them.
10 Bank Scholarships
U.S. Bank
The Financial Genius Scholarship Program offers six scholarships awards. One lucky winner receives a scholarship prize for $20,000. Runners up can receive $10,000 and $5,000 prizes.
Wells Fargo providers two financial aid options. First, the Wells Fargo College STEPS Sweepstakes gives students a chance to win $1,000-$5,000 prizes through its scholarship sweepstakes. Students must sign up to receive marketing information from the company for a chance to win.
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The Samuel A. Green Scholarship awards graduating high school seniors with scholarship money from $1,000 to $10,000. The purpose of this scholarship competition is to encourage students to use their education to help their communities.
Sallie Mae Bank
Sallie Mae provides multiple financial aid possibilities. Firstly, the Bridging the Dream Scholarship Program gives five students a $25,000 scholarship for college. The scholarships awards inspiring students who work hard and have a special skill.
Another award they offer to students is the Make College Happen Challenge. High school students must answer the question “How do you plan to pay for college?” Last year, over 1,000 students took the challenge and ten winners received scholarships for college, from awards up to $15,000. Entries can be in the form of a video, photo, essay, song, or poem. To apply, applicants must register an account with Sallie Mae.
SunTrust Bank
The Off to College Scholarship Sweepstake invites students from the following states to enter to win $1,000: Alabama, Georgia, Florida, Maryland, North Carolina, South Carolina, Tennessee, Virginia, West Virginia, or the District of Columbia.
Customers Bank
The BankMobile Financial Literacy Scholarship awards $1,500 to high school students for school tuition and other college expenses. The winning students are those who show academic excellence and show how financial help will make an impact in their life.
Central Cooperative Bank
CC Bank’s Young Scholars Scholarshipawards up to five winners with $2,000 prizes. Applicant must have at least a 3.0 GPA on a 4.0 scale to enter.
It is no secret that paying for college can be stressful and challenging, especially because college tuition and other expenses are increasing. If you are looking to get free money for your college education, look into bank scholarships. College scholarships are a great way for banks to show appreciation for their local communities. Be sure to check out the bank scholarships on our list and with the local banks in your community to see what other help they can offer you.
David Tabachnikov is the CEO of ScholarshipOwl. Formerly at Waze and Google, David is an experienced CTO/R&D manager with over 10 years of experience of leading tech teams. David fervently believes that students should have greater access to education, and is passionate about using technology to help them achieve that goal.
