Q:

How are winners chosen for the Bank of America Scholarship?

A:

Quick Answer

The Bank of America Joe Martin Scholarship chooses winners based on academic achievement, character, contributions to school and community, leadership and financial need. Applicants must also meet a list of criteria to qualify to apply for the scholarship, notes SchoolSoup.com.

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Full Answer

Bank of America's Joe Martin Scholarship is available to the dependents of associates for either college or vocational school. The employee must have worked for Bank of America for a minimum of one year for a dependent to be eligible, in job bands four through nine at the time Bank of America chooses the winner. In addition to current employees' dependents, those of retired, disabled or deceased associates are eligible as well, notes SuperScholar.org.

In addition to this criteria, the applicant must be a high school senior or graduate, be 23 years old or younger, and be enrolled or plan to enroll at an accredited two- or-four-year college, vocational school or university in the United States no later than the fall of the school year when she receives the scholarship.

The scholarship honors Joe Martin, a former principal corporate affairs executive who made many sacrifices to improve his community. Through this scholarship, Bank of America's goal is to give students seeking to excel the chance to do so.

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