Scholarships Offered Through Our Member Banks
Awarded to the student through your local bank
In support of the South Dakota Bankers Foundation's re-defined mission statement "Developing South Dakota Banking Industry Professionals," the scholarship programming offered through the Foundation has been redesigned. The Foundation has created a scholarship opportunity that will more directly help to build and sustain South Dakota’s banking workforce.
FAQ |Application
Foundation Follow Up Data Collection Form
Letter to Banks RE: Scholarship Changes
The parameters of this new opportunity are:
- SDBA member banks have the opportunity to apply for one of 40, $2,000 scholarships. Applications must be submitted through the parent bank, however, scholarships may be awarded through any of the organization’s locations.
- These scholarships must be awarded to South Dakota college juniors/seniors (fall of 2022) with an expressed interest in banking/financial services or second-year South Dakota technical school students (fall of 2022) with an expressed interest in banking/financial services.
- There is no match required by member banks, however, banks may choose to supplement this $2,000 award to increase the attractiveness of the scholarship.
- Recipient banks must award the $2,000 as one scholarship.
- Recipient banks may add additional requirements to their application process.
- Follow up data will be collected on scholarship recipients to allow the Foundation Board to evaluate the impact of the programming.
- Scholarships funds must be awarded as “South Dakota Bankers Foundation Scholarship awarded on behalf of (your institution’s name)”.
- Scholarship funds must be dispersed to the chosen student by May 1.
- Recipients agree to have their names released to the media
For more information on South Dakota Bankers Foundation scholarships, contact Foundation Executive Director Halley Lee.
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