The application program will be available again in February. Please return then to view the updated Eligibility and Awards for the upcoming academic year! If you are an applicant who would like to discover more scholarship opportunities you might qualify for, please continue to the Scholarship America Hub and sign up!

 

Farmers State Bank Education Scholarship Program
Application status: Closed

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 and Helena. This year, the Bank will also award a scholarship to a senior from a participating school in Kalispell where our newest branch is located for a total of $90,000. We have also opened up the scholarship to public, private and homeschooled students.

To date, Farmers State Bank scholarships have benefited 133 students, with a total award distribution of approximately 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 scholarship, tuition assistance and other programs for corporations, foundations, associations and individuals. 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:

  • High school seniors attending an eligible school.*
  • Planning to enroll in full-time study at an accredited two-year or four-year college, university, or vocational-technical school for the entire up coming academic year.

*Eligible high schools include but are not limited to:

  • Big Sky High School
  • Capital High School
  • Corvallis High School
  • Darby High School
  • Flathead High School
  • Florence Carlton High School
  • Glacier High School
  • Hamilton High School
  • Helena High School
  • Hellgate High School
  • Loyola Sacred Heart High School
  • Sentinel High School
  • Stevensville High School
  • Valley Christian School
  • Victor High School
  • Willard Alternative High School

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.

 

Award Information:

  • If selected as a recipient, the student will receive an award in the amount of $2,500.
  • Up to ten (10) awards will be granted.
  • Awards may be renewed for up to three years with a total maximum received of $10,000 or until a degree is earned, whichever occurs first. Renewal is contingent upon satisfactory academic performance in a full-time course of study and continuation of the program by Farmers State Bank
  • Awards are for undergraduate study only

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 $50,000.

Scholarship recipients are selected on the basis of:

  • Academic record
  • Demonstrated leadership and participation in school and community activities
  • Work experience
  • Statement of goals and aspirations
  • Unusual personal or family circumstances
  • An online recommendation

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.

Notification

Applicants will be notified in 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:

  1. A current, complete transcript of grades. Grade reports are not accepted. Unofficial or online transcripts must display student name, school name, grades and credit hours for each course and term in which each course was taken.
  2. Copy of the first two pages of the most recently filed IRS Form 1040.

Also as part of your application, one online recommendation form must be submitted on your behalf.
Your application is not complete unless all required documents are submitted electronically.

Farmers State Bank has partnered with Scholarship America. Selecting the button below will redirect you the Scholarship America Student Hub!