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. The Bank will also award a scholarship to a senior from participating schools in Helena and Kalispell where the Bank’s newest branches are located, for a total of $90,000. For the first time, qualifying homeschooled and private school seniors are also eligible to apply if they meet eligibility requirements.
To date, Farmers State Bank scholarships have benefited 142 students, with a total award distribution of over one million dollars. The awards are for $2,500 each and renewable for up to three years, to a total of $10,000 per student. Eligibility is 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.