The purpose of the Hope Scholarship is to provide financial aid for school tuition, school materials/books and other needed expenses for the student. To be eligible, applicants must: be a citizen, national or legal permanent resident of the United States; be enrolled in either a 4-year institution or 2-year institution as an incoming freshman (GED recipients are also eligible); demonstrate financial need; and have at least a 3.0 GPA.
Bank of Hope takes great pride in supporting education in the communities where we operate and have distributed millions in scholarships to date through the Hope Scholarship Foundation. We hope that the Hope Scholarship can act as a 'small but great hope' for the selected students to advance their futures. The Hope Scholarship is for those who are living in the areas where Bank of Hope branches are located.