One of the most important initiatives of the SCBA’s Young Bankers Division is its scholarship program. Hundreds of thousands of dollars have been awarded over the years to deserving students through money raised by the Young Bankers Division Golf Tournament, the fundraising efforts of students of the South Carolina Bankers School and a significant transfer of funds into our foundation. To reinforce its commitment to education and assist students with the ever-increasing cost of higher education, the South Carolina Bankers Association will continue its scholarship giving with the SCBA Palmetto Scholarship. A key component of the program is the emphasis on offering scholarships to the children of employees of SCBA-member banks who are college students.
For more than a century, the SCBA has been blessed with the strong support of its member institutions and their employees. The Bankers Association believes offering scholarships to deserving children of bank employees helps demonstrate both its appreciation to member banks and their employees. It also serves as a means for building a path to a better, more prosperous South Carolina.
The SCBA understands that many students today often find themselves burdened by significant debt upon graduation. By offering scholarships to children of bank employees, the SCBA seeks to help students pursue higher education while also laying the foundation for the next generation of South Carolina’s leaders. Each scholarship is $1,000.
Additionally, the SCBA Board of Directors is honoring the memory of two members of the South Carolina banking family whose lives were tragically taken during a bank robbery this past year. We have established two $2,500 scholarships named after Katie Skeen and Donna Major of CresCom Bank. The scholarship committee will select two individuals from the pool of applicants who will receive the Katie Skeen Scholarship and the Donna Major scholarship.
To be considered for the SCBA Palmetto Scholarship students must:
- Be a resident of South Carolina;
- Have a parent who lives in South Carolina and works for a SCBA member bank in South Carolina OR be a part-time employee at a member bank working a minimum of 20 hours per week;
- Be a full-time junior or senior undergraduate at an accredited four-year college or university in South Carolina during the fall semester of 2018;
- Have a minimum grade-point average of 3.0 on a 4.0 scale;
- Be active in his or her school and community, demonstrate a solid work ethic, and possess strong leadership abilities, good teamwork and a desire to succeed; and
- Submit a resume and letter of recommendation from a dean or professor when completing the online application. If you are a part time employee, you must also have a letter of recommendation from senior management.
The submission process for consideration in the SCBA Palmetto Scholarship involves completing the application form found on this page (handwritten and/or incomplete applications will not be processed). Applicants must also upload a resume and letter of recommendation from a dean or professor.
The application deadline is March 16, 2018. Unfortunately, applications submitted after this date will not be considered. The Scholarship Committee will review and grade the applications. Students will be notified in the spring. A dessert reception and check presentation will be held sometime in May. Stay tuned for more details!
Should you have any questions or concerns regarding the SCBA Palmetto Scholarship, please call SCBA Senior Vice President Carolyn Laffitte Bradley at 803.779.0850.