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Cathay Bank Foundation Scholarship Program

Cathay Bank Foundation Scholarship Program

Applicable For:

High School Senior

Max Award Amount:

$1,000

Application Deadline:

03/04/2024
Apply Here
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About This Scholarship

The Cathay Bank Foundation Scholarship Program is a scholarship program offered by the Cathay Bank Foundation, a non-profit organization that supports education, community development, and other charitable causes in the United States. The scholarship program is designed to support graduating high school seniors and college students who demonstrate academic excellence, financial need, and community involvement. Recipients of the scholarship may use the funds to cover educational expenses, including tuition, fees, books, and supplies. Preference may be given to applicants who are of Asian or Pacific Islander descent, although the scholarship is open to all qualified applicants regardless of race or ethnicity.

Eligibility Criteria For Cathay Bank Foundation Scholarship Program

The eligibility criteria for the Cathay Bank Foundation Scholarship Program include:

  • Applicants must be high school seniors or current college students who are permanent residents or citizens of the United States.
  • Applicants must plan to enroll or be currently enrolled in a full-time undergraduate degree program at an accredited four-year college or university in the United States.
  • Applicants must have a minimum cumulative GPA of 3.0 on a 4.0 scale and they must demonstrate financial need, as determined by the Free Application for Federal Student Aid (FAFSA).
  • Applicants must be of Asian or Pacific Islander descent.
  • Applicants must submit an essay of 500 words or less that addresses the following topic: “Describe how your cultural background has influenced your personal and academic achievements, and how this scholarship will help you achieve your future goals.”
  • Applicants must provide two letters of recommendation from individuals who can attest to their academic achievements, character, and potential for success in their chosen field of study.

The Cathay Bank Foundation Scholarship Program awards scholarships of up to $1,000 to selected applicants. The scholarship can be renewed for up to three additional years if the recipient continues to meet the eligibility criteria and maintains a minimum GPA of 3.0.

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