Centier Bank - Schrage Family Foundation Scholarship

Supporting Local College-Bound Students

The Centier Bank – Schrage Family Foundation Scholarship was established in 1995 in recognition of Centier Bank’s Centennial Anniversary and its founder, Henry Schrage. The program reaffirms Centier Bank’s commitment to the families and communities it serves.

About the Scholarship

The scholarship rewards academic achievement, as well as school and community leadership, and is a $2,000 award. Funds will be distributed in $500 payments per year each August for four consecutive years, providing that the student achieves a GPA of 3.0 (based on a 4.0 scale) each semester. If the student’s GPA falls below 3.0 at any time or if he/she fails to return to school, the scholarship will be terminated. Note: Special consideration may be made for students who take part in internship programs. Students will be required to submit their grades to Centier Bank at the end of each school year and communicate openly to Centier Bank regarding any changes in their scholastic involvement (i.e. switching schools, internship programs, etc.). Any failure to meet these conditions may result in termination of the scholarship.

Qualifications

To be considered for the Schrage Scholarship, applicants MUST:

Be in the top 20% of their graduation class
Obtain a 950 SAT Score on traditional 2 part section or a comparable ACT score
Occupy leadership roles in school and/or community activities
Complete a grammatically correct application
Be willing to sign a publicity release form

(Failure to have applicants meet these qualifications will disqualify a community from receiving a scholarship during the active school year.)

You may be considering any college major to be eligible for this scholarship, although preference may be given to Business Majors.

Selection Criteria

The selection criteria for the Schrage Scholarship is based on the following:

1/3 Scholastic Achievement (G.P.A., SAT/ACT score; class rank)
1/3 Involvement & Leadership activities within the school
1/3 Involvement, Leadership and Work Experience within the community

Scholarship Communities

Local communities offering a Centier Bank - Schrage Family Foundation Scholarship include:

• Chesterton	• La Porte
• Crown Point	• Lowell
• Dyer	• Merrillville
• East Chicago	• Munster
• Gary (Wirt-Emerson, Lew Wallace, West Side, Roosevelt )	• Plymouth
• Griffith	• Portage
• Hammond (Hammond High, Gavit, Clark, Morton)	• Schererville/St.John/Dyer (Lake Central)
• Hanover	• St. John
• Highland	• Valparaiso
• Hobart	• Whiting

At-Large (one (1) student will be selected, if qualified, from all remaining public and parochial high schools in Lake and Porter County. This will include schools such as Andrean, Hammond Baptist, Bishop Noll, Washington Township, Hebron, Calumet, River Forest, Morgan Township, Boone Grove, and Kouts)

Scholarship Banquet

In June of each year, Centier Bank will sponsor a scholarship banquet for Schrage Scholarship recipients, their parents or guardians, and the student’s choice of his or her most influential teacher. A representative of either the Schrage family or Centier Bank will present the scholarship at the school’s annual awards ceremony or commencement celebration.

Summer Employment

Scholarship recipients will be given preference for summertime employment at Centier, based on the Bank’s needs at that time. Those recipients with prior Centier experience will be given first preference. Compensation, hours, duties, location and other related employment issues will be under the same terms as would be applicable with any other part-time or summer employee.

More Information

To learn more about the Centier Bank – Schrage Family Foundation Scholarship please contact:

Vicki Bukowski, Chief Learning Officer
600 E. 84th Ave
Merrillville, IN 46410
(219) 755-6120 ext. 1815

vbukowsk@centier.com

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