BACKGROUND

HomeStar Bank has provided financial services to the area since 1946. In keeping with its tradition of community service and commitment to the education of future civic and business leaders, HomeStar Bank established the HomeStar  Education Foundation, Inc. in 2001. The Foundation will award annual academic scholarships to the children or grandchildren of HomeStar Bank customers. The scholarship is established to assist a graduating high school senior to continue his/her education at a university, college, trade or vocational school.

Over its life, the Foundation will award millions in scholarship money to deserving high school students. The scholarship amount awarded to each recipient shall be $8,000 ($2,000 per year for up to 4 years).  

This award will be based on positive leadership and character exhibited in both school and community activities. A scholarship selection committee of the HomeStar Education Foundation, Inc. will administer the application and selection process for the scholarship.

• Eligible applicants include any high school senior  whose parent or grandparent is a customer of HomeStar Bank, HomeStar Insurance Services, HomeStar Investment Services or HomeStar Trust Services.

• Applicants must have maintained a minimum of a 2.5 cumulative grade point average (based on 4.0) through the seventh semester of high school.

• Applicants must plan to enroll full-time at an accredited two- or four-year college, university or trade/vocational school in the United States. (Proof of enrollment will be required for release of scholarship payment after the award is announced.)

  The recipient will be selected based on the following criteria:

  1. Positive leadership and character exhibited in both academic and extracurricular school activities.

  2. Positive leadership and character exhibited in community and/or church activities.

  3. Positive impact the applicant has had on others. 

  4. Financial Need.

NOTE: To continue to receive annual $2,000 scholarship installments, award winners must supply proof of “C” or better grades while maintaining full-time student status and proof of continuing enrollment.