FBEF Forgivable Loan Scholarship

Application Information

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Amount Awarded

$5000
awarded

Application Deadline

May 01
Tuesday

Awarded By

Florida Bankers Educational Foundation

Award Amount

The amount of the FBEF Scholarship is based on the number of semesters the student has remaining until graduation. Awards generally range from $500 to $5,000 annually, non-renewable.

Recipients

The number of awards offered varies annually depending on the number of qualified applicants. For the current fiscal year, approximately 10 awards are expected to be given.

Additional Information

Each student applying for an FBEF Scholarship/Loan may be considered for one of five special scholarships if the FBEF Board of Trustees determines the student's educational or work experience makes him/her an exemplary candidate. Students who have already worked in Florida banking for five years or more can apply for grant funding at the freshmen and sophomore level. The FBEF Scholarship/Loan will be paid, in full, by FBEF after all requirements are met by the student, the most important of which is the forgiveness requirement. All scholarship/loan recipients are required to work full time at a Florida, FDIC-insured financial institution for one year following graduation. At the end of the first year of employment, the student's loan is forgiven. If a student decides not to work in Florida banking after graduation, it is then his/her responsibility to repay the loan.

Deadline Info

Applications are available by contacting the Florida Bankers Educational Foundation (FBEF) director using the contact information provided. In addition to a completed application, the following mater ... sign up for full scholarship deadline information.

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