FARMINGTON – Students planning to pursue a business-related field in college may wish to look into the Franklin Scholar 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 will be available to Class of 2008 students graduating from Mt. Blue High School, Mt. Abram Regional High School, Dirigo High School, Mountain Valley High School, Rangeley Lakes Regional School, Skowhegan Area High School, Madison Area Memorial High School, Jay High School and Livermore Falls High School.

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 school. Applications are available at the school guidance offices, at Franklin Savings Bank locations and online at www.FranklineBranch.com/scholarships.html.

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 in the communities served by the bank.

The scholarships were first awarded in 2001 and are now awarded annually.