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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 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!

Jake McClary Memorial Scholarship Program
Application status: Closed

UBank has established the Jake McClary Memorial Scholarship Program to assist high school seniors of Jellico High School who plan to continue their education in college or vocational school programs.

This program is administered by Scholarship America®, the nation’s largest designer and manager of scholarships 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 Jake McClary Memorial Scholarship Program must:

  • Be graduating high school seniors from Jellico High School in Jellico, TN.
  • 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.


One award of $2,000 will be awarded to an applicant from Jellico High School. The award is renewable up to three (3) additional years on the basis of maintaining full-time enrollment status and a cumulative grade point average of 2.0 or above on a 4.0 scale.

Awards are for undergraduate study only.


All applicants will be notified in May.

Payment of Scholarships

Scholarship America processes scholarship payments on behalf of UBank. Payment is made in early 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

Financial need is not considered.

Preference will be given to applicants considering a four-year college/university and majoring in a business degree.

Selection of recipients is made by Scholarship America. In no instance does any officer or employee of UBank 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.

UBank has partnered with Scholarship America. Selecting the button below will redirect you to the Scholarship America Student Hub!