Cathay Bank Foundation Scholarship

$1,000Award Amount
20Number of Awards
4/30/2023Submission Deadline

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

Study Details

Area of Study

Any

Country of Study

United States

Specific Schools

Any

Scholarship Details

Intended Level of Study

Undergraduate

Award Amount

$1,000

Number of Awards

20

Cathay Bank Foundation Scholarship Timeline

January 1, 2023

Application Open Date

Application opens for submission of entries

April 30, 2023

Submission Deadline

Entries for the scholarship will no longer be accepted from this date

Scholarship Eligibility

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

Application Requirements

Here’s what you need to submits besides your application.

  • Grade transcript
  • Recommendation letters

How to ace the Cathay Bank Foundation Scholarship

1

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.

2

Submit a recommendation form

Ensure to submit the necessary letter of recommendation from your selected recommenders.

3

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

4

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

1

The foundation is strongly committed to education

The Cathay Bank Foundation is committed to supporting youths in pursuit of their higher education.

2

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.

3

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

01.

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.

02.

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.

03.

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.

04.

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.

05.

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.

Community Service Scholarships

Preparing for college is an exciting time, but it can also be an overwhelming undertaking, especially for students graduating during a pandemic.

Amount
$500
Scholarships awarded
50 winners
Required GPA
Any
Deadline
May 10
Winner announcement
July 2023

InspirASIAN Scholarships

InspirASIAN National Scholarships and InspirASIAN State Scholarships are annual programs offering $2,000 and $1,000 to selected high school students for college studies.

Amount
$1,000
Scholarships awarded
25 winners
Required GPA
3.4
Deadline
January 31