The Frank L. Paden Endowed Scholarship Program

Questions and Answers

 

Q.

What are the criteria for eligibility?

A.

Students who meet the following criteria are encouraged to apply:

  • Student must be a current employee of Farmers National Bank, son or daughter of a current employee, or dependent grandchild (Son or daughter is interpreted to mean natural child, as well as adopted and/or stepchildren or legal ward.  Families of CEO, CFO, and other Section 16 Officers are not eligible to apply.)
  • Student must be enrolled at an OFIC member college or university, or Youngstown State University
  • Must be pursuing a bachelor's degree
  • Minimum cumulative GPA of 2.8/4.0

Q.

How do I apply?

A.

Complete the online application by clicking Online Application in the upper left corner of this page.  You will have to create a username and password, and will then be able to complete the application.  Your application will be incomplete until you upload your academic transcript reflecting your GPA and your award letter or Student Aid Report (SAR).

Q.

Is applying online safe?

A.

Yes. Your personally identifiable information is kept secure. Only authorized employees, agents and contractors (who have agreed to keep information secure and confidential) have access to this information. To protect the information being gathered, the scholarship application site has security measures in place including firewalls, encryption, and authenticated access to internal databases where needed.

Q.

How do you decide who will receive the awards?

A.

Selection is based on academic merit, demonstrated leadership, and community service.

Q.

How and when will students be notified of decisions?

A.

Decisions will be made and the selected scholars will be notified by letter by June 2016.

Q.

How and when will the awards be paid?

A.

Award funds will be distributed directly to the scholars' institution in the summer of 2016.

Q.

Can these scholarships be renewed?

A.

Yes, this scholarship can be potentially renewed if the recipient applies again and continues to meet all eligibility criteria.

Q.

What if I have additional questions?

A.

Please email your questions to fields@ofic.org and reference the Frank L. Paden Endowed Scholarship Program.