Application deadline is March 31.

The Illinois Bankers Association currently is accepting applications for its annual scholarship program aimed at promoting excellence in the field of banking and developing a vibrant talent pool of future banking leaders.

The Illinois Bankers Scholarship Fund awards $1,000 scholarships to high school graduates or undergraduate college students planning to pursue a career in the field of banking. The scholarship awards are made possible through the generosity of Illinois banks and bankers, who have donated to the Illinois Bankers Scholarship and the Linda J. Koch Scholarship funds.

“We are committed to supporting the next generation of banking leaders,” said Randy Hultgren, president and CEO of the Illinois Bankers Association. “These scholarships help talented and motivated students achieve their academic and career goals, while also contributing to the future success of the banking industry.”

To qualify for the scholarship, applicants must be high school graduates or undergraduate college students planning to pursue a career in the field of banking.

Applicants must also: Be sponsored by an IBA member financial institution and an accompanying bank officer; offer proof of enrollment or admission letter from a college or university – all accredited in-state and out-of-state colleges and universities are eligible; and provide GPA and school transcripts for use in the applications process

The deadline to submit a completed application is March 31. Interested students are encouraged to visit Illinois.bank for more information and to apply for the scholarship.