In 2001, Farmers State Bank established a scholarship fund to assist qualifying high school seniors continue their education. Each year, a $10,000 scholarship has been awarded to a student from a participating high school in Darby, Hamilton, Corvallis, Victor, Stevensville, Florence, Missoula, Helena and Kalispell. We have also opened up the scholarship to public, private and homeschooled students.
To date, Farmers State Bank scholarships have benefited 152 students, with a total award distribution over a million dollars. The awards are for $2,500 each and renewable for up to three years, based on full-time attendance at an accredited two- or four-year college, university or vocational-technical school, and a GPA of 2.0 or higher.
To ensure impartiality, this program is administered by Scholarship America®, the nation’s largest designer and manager of scholarships and other programs for corporations, foundations, associations and individuals. Eligibility for individual programs is determined at the sole discretion of the sponsor, and eligible applications are reviewed by Scholarship America’s evaluation team. Awards are granted without regard to race, color, creed, religion, sexual orientation, age, gender, disability or national origin.
Applicants of the Farmers State Bank Education Scholarship Program must be:
*Eligible high schools include but are not limited to:
Private or home-schools in these cities are also eligible: Darby, Hamilton, Corvallis, Victor, Stevensville, Florence, Missoula, Helena and Kalispell.
NOTE: Dependent* children of Farmers State Bank employees are eligible to apply
*Dependent children refers to natural or legally adopted child or stepchild of the employee who qualifies for benefits provided by the company.
Preference will be given to students with a 2.5 to 3.5 GPA on a 4.0 scale who are active in school and community activities.
Although financial need is not considered, preference will be given to students whose family income is below $95,000.
Scholarship recipients are selected on the basis of:
Preference will be given to students whose family income is below $50,000.
Selection of recipients is made by Scholarship America. In no instance does any officer or employee of Farmers State Bank play a part in the selection. All applicants agree to accept the decision as final.
Applicants will be notified in late May. Not all applicants to the program will be selected as recipients.
Payment of Scholarships
Scholarship America processes scholarship payments on behalf of Farmers State Bank. Awards will be paid in one installment in early August. Awards will be made payable to the institution for the student.
As part of your application, you must upload the following documents:
One online recommendation form must be submitted on your behalf no later than March 20, 2023 3:00 pm Central Time.
Your application is not complete unless all required documents are submitted electronically.