Students from Franklin County and the River Valley area were among the recipients this year.

FARMINGTON – Franklin Savings Bank’s Community Development Foundation has awarded 11 area students a total of $34,000 in scholarships.

The 2003 Franklin Scholars are: Mt. Blue High School: Kim Holbrook, daughter of Robert and Sherry Holbrook of New Vineyard. She plans to major in business economics at the University of Maine at Farmington.

Mt. Blue High School: Christopher Simpson, son of David and Nancy Simpson of Farmington. He plans to major in managerial accounting at Thomas College.

Skowhegan High School: Richard Anzelc, son of Richard and Tina Anzelc of Skowhegan. He plans to major in computer science at St. Michael’s College in Burlington, Vt.

Madison High School: David Clark of Madison plans to major in business management at Husson College.

Madison High School: Nicholas Berry of Madison, plans to major in computer science and business at the University of Maine at Farmington.

Rangeley Lakes Regional School: Andrew J. Perry, son of Donna Perry, plans to major in computer science at Thomas College.

Mt. Abram High School: Stanley Ellicott of Avon, son of Robin and Charles Ellicott, plans to study economics at Wheaton College.

Livermore Falls High School: Amanda Ouellette of Livermore, daughter of Laurie and Richard Ouellette, plans to major in journalism at the University of New Hampshire.

Jay High School: Brittany DeMillo of Jay, daughter of

Teresa and Antonio DeMillo, plans to major in business administration at the University of Southern Maine.

Mountain Valley High School: Thomas Nisbet of Rumford, son of Berl Nisbet, plans to major in computer science with a minor in business at the University of Maine at Orono.

Dirigo High School: Alison M. Kerr of Dixfield, daughter of Mark and Rebecca Kerr, will major in accounting at Bentley College.

“This is a great group of young people. They’ve worked very hard to achieve many great things while in high school. It’s our pleasure to help them pursue their goals for higher education. I’m confident they will continue to succeed,” said Peter Judkins, executive vice president at Franklin Savings Bank.

Scholarships from the Franklin Savings Bank Community Development Foundation were awarded to students who plan to attend a four-year college with studies concentrating in accounting, finance, marketing, management, computer sciences or other business related courses.

The graduating seniors were selected as Franklin Scholars based largely on high academic achievement, which alone represented 70 percent of the criteria for scholarship selection. The remaining 30 percent was based on community citizenship, participation in extracurricular activities, such as athletics, band, school clubs or drama and financial need.

The bank’s Community Development Foundation grants the scholarships to the schools, which select the student and administer the scholarship.

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. The scholarships to nine area high schools, totaling $34,000, were first awarded in 2001 and are now awarded annually.