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 and Missoula. This year, the Bank will also award a scholarship to a senior from a participating school in Helena, site of the Bank’s newest branch, for a total of $80,000.
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 ACT Cares Community Scholarship award must be:
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.
Up to (9) awards will be granted. If selected as a recipient, the student will receive:
Although financial need is not considered, 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 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.
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.