Prochnow Educational Foundation Scholarship

Name: Prochnow Educational Foundation/Wisconsin Bankers Association Scholarship

Award Amount: $1,500 per year (totaling $4,500 over three years)

Information and Eligibility:
The Prochnow Educational Foundation, in collaboration with the Wisconsin Bankers Association (WBA), offers this scholarship to support bankers pursuing advanced education at the Graduate School of Banking (GSB) at the University of Wisconsin–Madison. The scholarship is valued at $1,500 per year of attendance, covering approximately one-third of the annual tuition fees, for a total value of $4,500 over the program’s duration.

Eligibility criteria include:

• Employment: Must be employed by a member of the Wisconsin Bankers Association.
• GSB Admission Requirements: Applicants must meet GSB’s admissions criteria, which include having at least five years of banking experience and a four-year college degree, or an equivalent combination of education and experience.
• Program Enrollment: Scholarship recipients must begin the GSB program within one year of the award date. The scholarship is non-transferable.
• WBA Educational Program Participation: Applicants should have attended and successfully completed one of the WBA’s educational programs, such as the WBA School of Bank Management, or be an active member of the Bank Officers Leadership Team (BOLT).
• Management Endorsement: Applicants must receive endorsement from their bank’s management for enrollment in the GSB program.

Application Process

To apply for the scholarship, submit the following documents:

• Completed Application Form: Provide personal and professional information, including educational background, work experience, and involvement in banking associations or community activities.
• Management Endorsement: Include a nomination letter from your bank’s management endorsing your application and support for your attendance at the GSB program.

Deadline: April 25

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