SCBA Awards $56,000 in Scholarships to South Carolina Students

COLUMBIA – The South Carolina Bankers Association Tuesday awarded $56,000 in scholarships to South Carolina college students.

Fifty-six students from 18 S.C. institutions received Palmetto Scholarships during a reception in Columbia.

Over the past three years alone, the SCBA has awarded $155,000 to South Carolina undergraduates.

Leading the way with 19 scholarship winners was Clemson University, followed by the University of South Carolina with 13 and Anderson University with five. Other recipients came from Bob Jones, Charleston Southern, Coastal Carolina University, College of Charleston, Furman University, Horry Georgetown Technical College, Lander University, North Greenville University, The Citadel, Trident Technical College, USC Aiken, USC Beaufort, USC Upstate, Winthrop University and Wofford College.

To reinforce its commitment to education and assist students with the ever-escalating cost of higher education, the SCBA in recent years has bolstered its scholarship giving its Palmetto Scholarship. A key component of the association’s revamped program is its emphasis on offering scholarships to the children of employees of SCBA-member banks.

“It is an incredible feeling to help these students pursue their higher education goals while also laying the foundation for the next generation of South Carolina’s leaders,” said SCBA Senior Vice President Carolyn E. Laffitte.

Money for Palmetto Scholarships comes from the SCBA Educational Foundation through funds raised by the Young Bankers Division Scholarship Golf Tournament and the efforts of South Carolina Bankers School students. Over the years hundreds of thousands of dollars have been awarded to deserving students.

The South Carolina Bankers Association is the trade and professional association representing more than 70 financial institutions across the state. The SCBA is organized to effectively represent the common interest and welfare of South Carolina’s banking industry and to promote the professional development of its members and individual practitioners. The SCBA’s mission is to provide legislative, regulatory and educational leadership on behalf of its members.

For more information about the SCBA please visit https://scbankers.org/