| The Scholarship Program: Nara Scholarship Foundation hopes to dedicate a total of $100,000 each year, in the amount of $2,000 to eligible high school students. The candidates must demonstrate financial need, academic excellence, and strong leadership in the community. The scholarship funds will be disbursed directly to the college. |
Eligibility
- Applicant must be a U.S. citizen or U.S. permanent resident.
- Applicant must graduate high school in the current school year.
- Applicant’s family income must not exceed the qualifying income limits (See application).
- Applicant must plan to attend an accredited junior college or four-year college in the Fall 2009 or Spring 2010.
- Applicant must have an overall GPA of 3.3 or higher.
- Applicant must be a resident of a community served by Nara Bank. Within the State of California this includes the counties of: Los Angeles, Orange, Alameda, and Santa Clara. Within the State of New York this includes the counties of: Queens, Bronx, Kings, and New York. Within the State of New Jersey this includes the counties of: Ocean and Bergen.
- All scholarship recipients are required to attend Nara Bank’s 2-hour financial literacy skills course.
Note: Employees and the families of Nara Bank, Nara Bancorp, Inc. and affiliated companies are not eligible to receive scholarships for the Nara Scholarship Foundation.
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