Scholarships available for business-related college studies


FARMINGTON — Students planning to pursue a business-related field in college are invited to apply for the Franklin Scholars program.

Franklin Savings Bank’s Community Development Foundation has announced it will again award 10 local students a total of $34,000 in scholarships this spring.

The scholarships are available to Class of 2010 students graduating from Mt. Blue High School in Farmington, Mt. Abram Regional High School in Salem Township, Dirigo High School in Dixfield, Mountain Valley High School in Rumford, Rangeley Lakes Regional School, Skowhegan Area High School, Madison Area Memorial High School, Jay High School and Livermore Falls High School. Scholars must graduate from one of the nine schools.

High school seniors who plan to pursue a major at a four-year college or university in business-related fields, such as accounting, finance, computer science or marketing, are eligible for the scholarships. Selection criteria for the Franklin Savings Bank Community Development Foundation scholarships is based on high academic achievement, community citizenship, participation in athletics or other extra curricula activities, and financial need.

While the Franklin Savings Bank Community Development Foundation will fund the scholarships, the recipients will be selected by their schools. Applications are available at the school guidance offices, at Franklin Savings Bank locations. Completed applications must be turned in to the school and comply with deadlines established by the school.

Franklin Savings Bank’s Community Development Foundation was created in 2000 to support community, economic and educational needs within the communities served by Franklin Savings Bank. Since the scholarship program was expanded with the creation of the Foundation nine years ago, it has awarded $306,000 to 90 local Franklin Scholars.