If you are a high school senior or the child or grandchild of a Bank of Luxemburg customer, and you’re looking for financial assistance to pursue higher education, the Bank of Luxemburg Scholarship (BOL) could be your perfect opportunity. Designed to support future leaders, this scholarship provides substantial financial aid to help students achieve their academic and professional dreams.
BOL Scholarship Summary
Host Institution: Any accredited two- or four-year college, university, trade, or vocational school in the United States.
Study Level: Undergraduate programs (two- or four-year degrees).
Award Value and Coverage:
- $4,000 for four-year programs.
- $2,000 for two-year programs.
Award Duration: Renewable annually, contingent on maintaining eligibility.
Application Deadline: February 28, 2025.
Scholarship Overview
The Bank of Luxemburg Scholarship is part of the institution’s commitment to fostering education and community service. This annual scholarship supports graduating high school seniors planning to enroll full-time in an accredited institution. Awards are granted based on leadership, character, community involvement, and work ethic. Selection is carried out by a committee to ensure a merit-based process.
Scholarship Benefits
The scholarship covers tuition and related educational expenses, providing:
Financial Support: $4,000 for students in four-year programs or $2,000 for students in two-year programs.
Annual Renewal: Students can continue to receive funding yearly by maintaining a 2.0 GPA or better, full-time student status, and proof of ongoing enrollment.
Eligibility Criteria
To qualify for the scholarship, applicants must meet the following criteria:
Be a high school senior whose parent or grandparent is a customer of the Bank of Luxemburg.
Maintain a cumulative GPA of at least 2.5 on a 4.0 scale.
Plan to enroll full-time in an accredited U.S. college, university, trade, or vocational school.
Provide proof of enrollment to receive scholarship funds after completing the first semester.
Demonstrate leadership, character, and involvement in school or community activities.
Application Procedure
Applicants must submit a completed application by February 28, 2025, including the following:
Cover Sheet: Personal and contact details.
Academic Information: GPA, class ranking, and school certification.
Extracurricular Activities: List of school and community involvement.
References: Two letters of recommendation (one from school personnel and one from a community leader, employer, or religious affiliation).
Personal Essay: A one-page statement explaining how the scholarship will benefit the applicant and their community.
Submission: Applications can be dropped off at any Bank of Luxemburg location.
🗓️ Application Deadline: February 28, 2025
ℹ️ The Scholarship Committee will review applications, assign identification numbers for anonymity, and announce winners during the respective high school awards programs.
📂 For Further information, refer to the BOL Scholarship Call Document. PDF.
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