Two Bay and Basin students will again benefit from a scholarship program, which will supplement their study costs in their first year of higher education.
Sanctuary Point and Districts Community Bank Branch will soon seek applicants for the program.
Bank Chairperson, Veronica Husted says the branch runs the scholarship program, which opens in December, because they believe local students deserve every opportunity to achieve their dreams.
"An investment in education yields great long-term dividends and by helping young people gain access to tertiary education, the returns to the student, their families and the local community are significant," she said.
Applications will also be considered from students wishing to undertake study at TAFE.
"The Community BankBranch Scholarship Program is a transformative undertaking that changes the lives of local students, strengthens communities for the long term and is a tangible example of the good that banking with us can achieve," Mrs Husted said.
"Our young people are our future and we believe they deserve the best support possible to help forge their careers and achieve their dreams.''
Successful applicants will initially receive funding for one year and depending on academic performance, the scholarship may be renewed to assist in the second year of their study.
Applications are invited from eligible students starting their studies in 2020, start on December 2.
Applications close on January 28, 2020, and will be assessed in early February 2020.
The bank's program supported local students Emma McDonald and Rachael Harris with their Dentistry and Sports Science studies at Charles Sturt and Sunshine Coast Universities respectively.
Sanctuary Point and Districts Community Bank Branch also supported Summer Sky Dann with an ex gratia payment to assist her with her arts degree in Indigenous studies at the University of NSW.
The initiative is part of the Bendigo and Adelaide Bank Scholarship Program, which partners with Community Bank branches, Rural Bank and The University of Melbourne.
The program has now supported over 800 students, with $8.1 million in funding since its inception in 2007.
For further information please contact Sanctuary Point Community Bank Branch on (02) 4443 9825 or visit www.bendigobank.com.au/scholarships.