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Cathay Bank Foundation Scholarship is a scholarship that awards 20 outstanding high school senior recipients each with $1,000.
The scholarship, which has no GPA and gender restriction, is available for residents of Illinois, California, Maryland, Massachusetts, Nevada, New Jersey, New York, Texas, and Washington.
The scholarship is held annually to enable the eligible recipients to pay for tuition costs for attending a university or college as a full-time student this fall.
Key Information of Cathay Bank Foundation Scholarship
Area of Study
Country of Study
Intended Level of Study
Number of Awards
Cathay Bank Foundation Scholarship Timeline
January 1, 2023
Application Open Date
Application opens for submission of entries
April 30, 2023
Entries for the scholarship will no longer be accepted from this date
To be eligible to apply, applicants must meet the following criteria.
- Eligible Grade: High School Senior
- Minimum Age: 18
- Required GPA: Any
- Geographic Eligibility: California, Illinois, Maryland, Nevada, New Jersey, New York, Texas, Massachusetts, Washington
- Gender: Any
- Race/Ethnicity: Any
Here’s what you need to submits besides your application.
- Grade transcript
- Recommendation letters
How to ace the Cathay Bank Foundation Scholarship
Ensure you have all the required documents
You are expected to submit as a requirement your current official academic transcript, so make sure you have this ready with your application.
Submit a recommendation form
Ensure to submit the necessary letter of recommendation from your selected recommenders.
Have official evidence of geographic eligibility
Make sure you have evidence to show you are resident in Illinois, California, Maryland, Massachusetts, Nevada, New Jersey, New York, Texas, or Washington
Stand out with exceptional academic performance
The Cathay Bank Foundation Scholarship rewards academic commitment. Try to be unique from the crowd with outstanding performance in your academics.
How the Cathay Bank Foundation Scholarship is Judged
The applicants will be judged based on intellectual background as demonstrated by academic transcript as well as recommendation letters submitted.
Why We Love the Cathay Bank Foundation Scholarship
The foundation is strongly committed to education
The Cathay Bank Foundation is committed to supporting youths in pursuit of their higher education.
It’s a way of giving back
Cathay Bank Foundation hopes to reward the hospitality of its host communities with the Cathay Bank Foundation Scholarship to assist high school senior students.
There is a high number of awardees
The Cathay Bank Foundation Scholarship awards $1,000 each to 20 awardees from Illinois, California, Maryland, Massachusetts, Nevada, New Jersey, New York, Texas, Washington for their tuition fees.
5 Facts About the Cathay Bank Foundation Scholarship
Offers diverse support to its host communities
The foundation supports programs focusing on culture and health, arts, welfare, and environmental and human services that benefit the communities at large.
About 438 scholarship applications received in 2021
In 2021, the Cathay Bank Foundation received 438 scholarship applications from New York, California, Washington, Illinois, Maryland, Texas, Massachusetts, New Jersey, and Nevada.
The foundation was created to raise funds
The Cathay Bank Foundation was founded in 2002 for the purpose of administering and raising funds to benefit community-based nonprofit organizations.
20 recipients were awarded in 2021
The foundation held a virtual award ceremony on August 11 to announce 20 outstanding high school senior recipients who will each receive a $1,000 scholarship used towards tuition costs for attending a college or university as a full-time student this fall.
They go all out to assists communities
The Cathay Bank Foundation has a mission to help communities thrive in the geographic regions where Cathay Bank operates.