Co-operative banks are often regulated under both banking and cooperative legislation. They provide services such as savings and loans to non-members as well as to members, and some participate in the wholesale markets for bonds, money, and even equities. Many cooperative banks are traded on public stock markets, with the result that they are partly owned by non-members. Member control is diluted by these outside stakes, so they may be regarded as semi-cooperative. The Central Cooperative Bank (CCB) was registered on 28 March 1991 with a resolution of the Sofia City Court. The mission of the program is to help everyone who needs this financial aid. The Central Cooperative Bank has established itself as one of the most reputable financial institutions in the world at large. And they’ve figured out ways to give back to the society, in so many ways including the provision of CC Bank Young Scholarship Award.
About the CC Bank Young Scholarship
The CC Bank Young Scholarship has sent students who had lost the hope of graduating from college back to college. As a need-based scholarship, it focuses on students who are really in need of financial help, and who are in good academic standing. Considering the number of applicants and their average CGPAs most times CGPAs are not really criteria for the scholarship award, but a higher CGPA is a bonus. But this would depend on the average CGPA of the applicants. Students have testified or how they were able to pay off their tuition fees through this scholarship. $2000 would be given to 5 students and annually to help pay off their college tuition fees. The providers of this scholarship expect their applicants to be already enrolled in a school before applying as it is one of the criteria of being eligible to apply for this scholarship. Students who wish to apply for this scholarship are expected to maintain a CGPA of 3.0 on a 4.0 scale and to maintain a 4.0 CGPA on a 5.0 scale. This scholarship opportunity does not permit students to apply while at home or still waiting for admission or yet to be enrolled in an accredited tertiary institution. The “Central Cooperative Bank (CCB)” is a classified bank and we should also expect a classified scholarship from them. The applicants should have it at the back if their minds that this scholarship is open to students who are attending universities, colleges, and other academic institutions across the U.S. as already emphasized, but is being reemphasized due to its importance. The CC Bank knows that some students won’t be able to go to college if they don’t have financial help. The purpose of the program is to help the younger generation to fulfill their potentials and rewards students who may not be able to attend college without financial assistance. Note: Each year they award up to five $2,000 stipends to winners.
Level/Field of Study
An average scholarship applicant would first of all go to the level and field of study eligibility section to know if he or she is up to apply for the scholarship. And applicants do that with fear; the fear of being ineligible, but there’s no need for that as long as the CC Bank Young Scholarship Award is concerned. Your field of study cannot help you in gaining this scholarship as well as it won’t deny you the scholarship. Any field of studying can get this scholarship be it in the dimension of arts or science as long as the applicant meets other criteria. As already explained in the scholarship description, the applicants must be already enrolled in an institution of learning before thinking of applying for the scholarship. Any applicant who is not already enrolled in any learning institution would not be giving the scholarship.
Host Nationality
The CC Bank started off in Bulgaria, but have gone ahead to establish other branches in so many countries of the world including The United States of America. Considering that the scholarship is reserved only for American citizens, the scholarship is propagated by the branch of CC Bank residents in the United States of America.
Eligible Nationality:
Many platforms, individuals, firms, organizations, reputable units have branded the United State of American citizens one of the luckiest citizens in the whole world. As far as the united states are concerned stepping your feet into this country would open you to tons of opportunities in the dimension of education, business, and otherwise. And apparently, the CC Bank Youth Scholarship is no different, as one would need to be a resident in the United States of America to be eligible to apply for this scholarship. People outside the united states are ineligible and their applications won’t be considered.
Scholarship Worth:
Applicants are given a total of $10000 every year, where five applications would be selected as winners of the scholarship. Each year CC Bank’s Young Scholars Scholarship offers up to five $2,000 scholarships to students attending universities, colleges, and other academic institutions across the U.S.
Scholarship Requirements
Articles have been written on how the student was very close to winning a scholarship that would see them through their college education, but missed out due to their inability to meet the scholarship requirements. And this was not because the weren’t in possession of those requirements, but because they did not get the information beforehand. And who is to blame for days? The student, of course, should be blamed because every scholarship platform would always list their scholarship requirements and the eligibility criteria on the official website so that the applicants would equip themselves with them. But applicants most times do not pay attention to this information, and they’ve always paid the price. Below is listed the scholarship requirements for the CC Bank Youth Scholarship, it is advised that an applicant writes this information down, so as to be ready for the upcoming opportunity. Applicants must be under the age of 30 Applicants must be U.S residents Applicants must have a minimum GPA of 3.0 on a 4.0 scale at the time of the scholarship award, the applicant must be enrolled in an academic institute. The program accepts the senior year, sophomore year, junior year and freshmen year, this has no effect on the scholarship.
How to Apply
There’s always a wrong way and the right way to do virtually everything including applying for a scholarship, doing it the right way would catalyze the process of gaining the scholarship. Here is the only way to apply for the CC Bank Scholarship. To be applying, the candidate can download the application form through the given link: https://ccbank.us/wpcontent/uploads/CCBank-scholarship-application.pdf Print the file and fill out the form as detailed as you can.
Submitting Details:
The complete application must be emailed with your contact information at Scholarship@ccbank.us
Application Deadline:
It seems so funny to know that many applicants apply for scholarships after the deadline. And when this happens, the applicants may never be considered. This May sound funny but it’s serious because it has denied even the qualified the opportunity of gaining the scholarships they deserve. It’s always important to note the deadlines of every scholarship before applying. The annual application deadline is December 31, Yearly. All five scholarships will be awarded by February 2022.
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