- Three, one-year renewals per college or university recipient.
- One renewal per technical college recipient.
College or university scholarships are renewable for three years, providing a total of four scholarships per student.
- Applicant must be a full time student in good standing and demonstrate typical progress toward the degree being sought, within the normal time limit of applicant’s chosen school.
*Charter Bank “clients” are defined as an individual who maintains a depository personal account (i.e. Savings, Checking, IRA, College Fund, CD) for a minimum of two years prior to the date of application (March 15th). Charter Bank employees and their children are not eligible for this program.