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