HAGATNA, Guam-Bank of Guam has been awarded $5,000 in grants from the Access Exchange group, which consist of Fiserv network members. In celebration of its 40th anniversary, Bank of Guam will match the award so that a total of $10,000 in scholarships will be awarded by June 2012. Each scholarship will be for $2,000 awarded to five recipients, all graduating high school seniors. The five recipients will also be eligible for a summer and/or winter paid internship with Bank of Guam.
To be eligible for the program, applicants must:
Be U.S. citizens who are residents of the Micronesian region;
Be high school seniors who are graduating in 2012 from an accredited high school with a 3.5 grade point average (copies of transcripts and SAT/ACT scores required);
Submit an original, numbered application due March 15, 2012 to Bank of Guam;
Submit three letters of recommendation, one from a non-academic source;
Submit answers to four essay questions.
The scholarship will be available for use at any U.S. accredited college or university, and would be earmarked to those students pursuing degrees in business, finance, accounting, economics or related majors (can be multi-disciplinary). Ten semifinalists will be selected by April 30 and will then be required to submit additional documents, including an acceptance letter to an accredited four-year college.
Lou A. Leon Guerrero, Bank of Guam board chair, president, and chief executive officer, stated, “In celebration of our 40 years of serving our communities, we are delighted to offer graduating high school seniors an opportunity to continue their education at an accredited college or university. Given Bank of Guam’s longstanding service to higher education for its communities, we are proud to continue this commitment.”
Applications are available at all Bank of Guam branches and the Customer Service Department in Hagatña Branch Lobby. They have also been distributed to Guam’s high schools. Only originals will be accepted. (PR)