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Maine Bankers Association Scholarship


Name: Maine Bankers Association – Higher Education Assistance Foundation (HEAF) Scholarship

Award Amount: $2,000 per recipient

Information and Eligibility:
The scholarship, administered by the Maine Bankers Association through the Higher Education Assistance Foundation (HEAF), supports Maine high-school graduates who are planning to enroll full-time in a business-related degree program at a Maine college or university. The award recognizes academic excellence and intent to pursue fields such as business administration, finance, management or information technology.
Eligibility criteria include:

  • Academic Level: Applicant must be a graduating high-school senior accepted into a full-time undergraduate business-related major at a Maine post-secondary institution.
  • Field of Study: Eligible majors typically include business administration, management, finance, small-business management or information technology.
  • Residency/Institution: Applicant must be a resident of Maine and plan to attend a Maine college or university.

Application Requirements:

  • Completed scholarship application form provided via the Maine Bankers Association website.
  • Official or unofficial high-school transcript showing academic performance.
  • Résumé or personal statement describing educational and career goals in a business-related field.

Selection Criteria:

  • Academic achievement and readiness for college study in a business-related discipline.
  • Demonstrated leadership or potential in business, finance or management.
  • Alignment of the applicant’s goals with the mission of supporting Maine’s business and banking community.

Additional Details:

  • The HEAF scholarship program typically awards six to ten recipients each year at $2,000 each.
  • Funds are distributed directly to the recipient’s institution after verification of enrollment for tuition, fees or approved educational expenses.

Deadline:

  • March

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Request to Update or Remove This Scholarship. The CollegeWhale ID number for this Scholarship is #16768. This Scholarship was added in November 2025 and last reviewed by a member of our staff on November, 2025.

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This Scholarship is tagged with the following criteria: Maine / March

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