Scholarship Program

The Samuel A. Green Scholarship Program

Firstrust’s scholarship fund was named in loving memory of our founder, Samuel A. Green, who was a staunch believer in encouraging young people to pursue their education and fulfill their life dreams. In the spirit of his legacy, Firstrust is inspired to carry on our strong commitment toward helping students.

As the Firstrust mission statement explains, the Green family and Firstrust remain dedicated to cultivating prosperity for our customers, while enriching the communities we serve. The Samuel A. Green Scholarship Program is one of the ways we commemorate our founder, while we perpetuate our business philosophy and help change the lives of young people in the communities we serve.

What are the awards?

To commemorate more than 70 years of unparalleled service and dedication to our customers and the community, we will award $70,000 in academic scholarships to students in two separate categories: written essay or video presentation.

Students may provide their submission in either the written category or the video category, but NOT both. Should a student submit in both categories, his/her submission will be disqualified.

Each category will offer the following tier of scholarship awards:

• 1st prize – $10,000
• 2nd prize – $5,000
• 3rd prize – $5,000
• 4th prize – 15 additional students in each category will receive a $1,000 award.

Each winner is eligible for only one award. Awards are intended for the student only; no provision is made for spouses or dependents. No substitution of award is permitted.

Checks will be payable jointly to the student and to the accredited college or university they will be attending. Scholarship awards will be paid to winners (one time only) between May 2008 and December 2008. If the student is receiving financial aid, accepting a Samuel A. Green Scholarship may reduce the aid. Scholarship awards cannot be deferred. Please contact your financial adviser for details.

Who is eligible?

High school graduating seniors from public, private, parochial and charter schools within our market area who plan to attend a four-year accredited college or university are eligible.  Homeschooled students are eligible by providing documentation of high school equivalency and college eligibility as an incoming freshman in the fall semester of 2008.  Applicants already attending college or born before May 1, 1978, will not be considered. Applications from previous years will not be considered.

To receive scholarship funds, winners are required to submit proof no later than December 2008 of their matriculation during the fall semester of 2008 at an accredited college or university to receive scholarship funds.

The Samuel A. Green Scholarship is available only to legal United States residents within Firstrust’s market area, except employees, officers and directors of Firstrust, its subsidiaries, affiliates, distributors, advertising and promotion agencies and their family members (defined as spouses, children, parents, siblings, and in-laws) and those living in their households. This exclusion also applies to all persons who may become employees of Firstrust after submitting their applications.

How do I apply?

Please check back after January 1, 2009 for more details.

How Will My Written Essay or Video Presentation be Evaluated?

The criteria for judging will be based on:

• Content: the quality of the answer
• Style: the unique presentation and delivery of the student’s ideas
• Grammar and Spelling: the student’s command of the English language

All eligible essays and video submissions will be evaluated by a panel of judges. Scholarship award decisions are final.

When is the deadline?

The deadline for 2008 was March 31, 2008.

Where do I send my application?

Postal Address:

E-mail address: scholarship@firstrust.com
Fax: 610-941-5544

Firstrust has met the needs of its customers by offering a wide variety of deposit products, consumer and business loan options, commercial real estate mortgages and cash-management products. We also offer a selection of student loan options such as Stafford loans, ParentPlus loans and the Astrive^® Alliance™ student loan program to fund your college education. Please call us for details at 800-220-BANK (2265).