Cathay Bank Foundation Scholarship: Empowering Future Leaders Through Education
The Cathay Bank Foundation Scholarship Program is designed to support youth residing in its business service territories to fulfill their dreams of obtaining a higher education. This article provides a comprehensive overview of the scholarship, its requirements, and other relevant information for prospective applicants.
Overview of the Cathay Bank Foundation Scholarship
The Cathay Bank Foundation Scholarship awards $2,500 to twenty exceptional students each year. The scholarship aims to provide financial assistance towards tuition costs as they pursue their higher education goals. The scholarship is a testament to Cathay Bank Foundation's commitment to supporting education and empowering future leaders.
Eligibility and Requirements
To be eligible for the Cathay Bank Foundation Scholarship, applicants must meet specific criteria. These requirements ensure that the scholarship reaches those who are most deserving and in need of financial assistance.
Residency and Education
Applicants must be high school seniors residing in California, Illinois, Maryland, Massachusetts, Nevada, New Jersey, New York, Texas, or Washington state. They must also plan to attend a college in one of the aforementioned states for the upcoming school year. The scholarship is specifically for students who are both from and planning to attend university in one of the mentioned states.
Citizenship and Residency Status
Applicants must be citizens or permanent residents of the United States.
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College Enrollment
The Cathay Bank Foundation Scholarship will be awarded to high school seniors planning to attend a US-accredited institution in the Fall of 2025. If selected, students must provide a college acceptance letter for verification.
Financial Need
Applicants must also have a household income at or below the Low Income Level. If selected, students must provide their tax return for verification.
Other Requirements
Employees of Cathay Bank and their immediate family members are not eligible for the scholarship. A recommendation from a previous or current teacher or guidance counselor is required.
Application Process
Based on previous application cycles, we expect this scholarship to reopen in November 2025.
Essay Component
For help writing the essay component of this scholarship application, check out guides on How to Write a Winning Scholarship Essay and How to Start a Scholarship Essay (With Examples).
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Additional Information
The Cathay Bank Foundation is committed to supporting youth residing in its business service territories to fulfill their dreams of obtaining a higher education.
Scholarship Renewal
The Cathay Bank Foundation Scholarship Program is not renewable.
Contact Information
For questions or comments on this scholarship profile, create a Scholarships360 account to confirm eligibility for the Cathay Bank Foundation Scholarship Program.
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