Scholarships Offered Through Our Member Banks

In support of the South Dakota Bankers Foundation's re-defined mission statement "Developing South Dakota Banking Industry Professionals," the scholarship programming offered through the Foundation has been redesigned. The Foundation has created a scholarship opportunity that will more directly help to build and sustain South Dakota’s banking workforce.

Scholarship Request Form (due 6/14/2024)

The parameters of this new opportunity are:

1. Scholarships:
  • Banks must select a South Dakota college sophomore, junior, senior or grad student or second year South Dakota technical college student seeking employment in a banking/financial services organization. If you need help in finding a student to award a scholarship to, please contact the SDBA at [email protected]
  • Once student(s) is/are selected, the bank will notify the Foundation of the recipient’s name and school. The Foundation will cut the check to the appropriate educational institution on behalf of the selected student(s). The scholarship request form can be found here.
  • Students can be pursuing areas such as finance, business, IT, HR, marketing, etc. as long as their intent is to pursue a career in the banking industry.
  • If a bank chooses to award a scholarship to a bank employee or child of an employee, this must first be approved by the Foundation Board.
  • Students who have previously been awarded a scholarship funded by the SD Bankers Foundation, i.e. a member bank scholarship OR a Named Scholarship, are ineligible to receive this scholarship again.

2. Scholarship recipients will be required to sign a release form allowing the Foundation to use their name/likeness.
3. The $4,000 may be split and awarded to multiple students.
4. No match is required.
5. If total applications exceed available funds, awards will be prorated to service as many member banks as possible.

For more information on South Dakota Bankers Foundation scholarships, contact Foundation Executive Director Halley Lee.