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The application program will be available again in February. Please return then to view the updated Eligibility and Awards for the next 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!

Iroquois Farmers State Bank Scholarship Program
Application status: Closed

Iroquois Farmers State Bank has established a scholarship program to assist high school seniors at select high schools in Illinois who plan to continue their education in college or vocational school programs.

The program is administered by Scholarship America®, the nation’s largest designer and manager of scholarship, tuition assistance, and other education support 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 for this scholarship are granted to eligible recipients without regard to creed, religion, sexual orientation, age, disability, or national origin.

Applicants to the Iroquois Farmers State Bank Scholarship Program must be:

  • High school seniors from select high schools* who plan to enroll in full-time undergraduate study at an accredited two-year or four-year college, university, or vocational-technical school for the entire upcoming academic year.

*Eligible high schools are Donovan High School, Central High School, and Iroquois West High School.

**Children of Iroquois Farmers State Bank employees are not eligible to apply.


If selected as a recipient, the student will receive a $1,000 award. Up to 2 awards will be granted. One will be awarded to one applicant from Donovan High School and one will be awarded to one applicant either Central High School or Iroquois West High School.

Awards may be renewed for up to three additional years or until a bachelor’s degree is earned, whichever occurs first. Renewal is contingent upon satisfactory academic performance in a full-time course of study, maintaining full-time enrollment status, and continuation of the program by Iroquois Farmers State Bank.

Awards are for undergraduate study only.


All applicants will be notified in May.

Payment of Scholarships

Scholarship America processes scholarship payments on behalf of Iroquois Farmers State Bank. Payment is made in August.

Selection of Recipients

Scholarship recipients are selected on the basis of academic record, demonstrated leadership and participation in school and community activities, work experience, a statement of goals and aspirations and any unusual personal or family circumstances.

Preference will be given to students with a cumulative grade point average of 2.5 to 3.5 on a 4.0 scale.

Financial need is not considered.

Selection of recipients is made by Scholarship America. In no instance does any officer or employee of Iroquois Farmers State Bank play a part in the selection. Not all applicants to the program will be selected as recipients. All applicants agree to accept the decision as final.

As part of your application, you must upload the following:

  • A current, complete transcript of grades. Grade reports are not accepted. Transcripts must display student name, school name, grades and credit hours for each course and term in which each course was taken.

NOTE: If you are providing SAT or ACT test scores, and those scores are not listed on your high school transcript, you will need to upload a copy of your test score report(s) separately. If you are uploading a college transcript, those scores are not required.

Your application is not complete unless all required materials are submitted electronically.

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