Preferred Bank Scholarship Program is offering eight $1,500 scholarships available for high school seniors planning to attend college as a full-time, degree-seeking student in the fall. Preferred Bank is committed to supporting economically-challenged youth residing in its business service territories to fulfill their dreams of obtaining a higher education. Applicants must be high school seniors who reside in select counties in California, New Jersey, New York or Texas.
Applicants must plan to attend a U.S. Accredited 4-Year College/University or a Community College as a 1st year student in the fall (if selected, must submit college acceptance letter for verification). A minimum cumulative unweighted high school GPA of 3.0 is required. Applicants must have a household income at or below the Low-Income Level (if selected, must provide tax return for verification). This is open to all majors and there is no ethnicity requirement. Employees of Preferred Bank and their immediate family members are not eligible to apply.