INDIANAPOLIS--(BUSINESS WIRE)-- Family-owned and Indiana-based Salin Bank & Trust Company today announced that the Salin Foundation Community Scholarship Program has awarded $22,000 to 11 Indiana students who will begin a new semester at universities and colleges this fall.
“Gains in postsecondary attainment in competitor countries have outpaced attainment among young people in the United States. Encouraging more of Indiana’s young men and women to go to college or seek career and technical skills beyond high school needs to be one of Indiana’s highest priorities,” says Bill Salin II, President and CEO of Salin Bank.
“A college degree has never been more critical for career success than it is today. If we want to compete for good jobs, we must take steps now to ensure our young people have the ability to access and attain some form of higher education training.”
Each of the 11 awards will provide $2,000 of tuition assistance to students who plan to enroll in a full-time course of undergraduate study at an accredited two- or four-year college, university, or vocational school located in Indiana.
Scholarships are awarded based on academic achievement (a minimum GPA of 3.0 out of 4.0 is required), demonstrated leadership in school and community activities, and the education goals of the applicant. Each application is reviewed by individuals outside of the Salin Foundation. Officers and employees of Salin Bank are not eligible. Awards are made without regard to gender, age, race, religion, nationality, or disability.
The scholarship program is administered by Scholarship Management Services, a department of Citizens’ Scholarship Foundation of America (CSFA). CSFA seeks to involve and assist the private sector in expanding educational opportunities and encouraging educational achievement. CSFA processes and screens applications and designates recipients. Scholarship applications are available at participating schools and all Salin Bank locations.
“The Salin Foundation Community Scholarship Program is another way for us to invest back into the people and communities Salin Bank serves,” says Salin. “Our belief has always been that the future relies on the success of the next generation. By providing financial assistance to these very deserving Indiana students, we are doing a small part in helping this new generation achieve a brighter future.”
About Salin Bank and Trust Company
Salin Bank & Trust Company is a family-owned community bank and one of the top 10 chartered banks in Indiana with assets of more than $750 million. Salin Bank operates 19 banking locations in 10 Indiana counties serving Columbus, Delphi, Edinburgh, Flora, Fort Wayne, Galveston, Gas City, Kokomo, Lafayette, Logansport, Marion, West Lafayette, Fishers and Indianapolis.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150623005444/en/
Salin Bank & Trust Company
Jim Badger, 317-452-8108
SVP Director of Marketing