Scholarships for Local Students
Since 2000, Peoples Bank & Trust Co. has awarded over $1 million in annual college scholarships to graduating high school seniors from our local communities.
“Our goal is to assist those young adults that have gone above and beyond in high school and are headed to college with the hopes that when they graduate, they become positive and involved members of their local communities and help make a difference. As a community bank, we care about our hometown and want to pass that sense of commitment along to the next generation of community leaders.”
– Justin St. Pierre, CEO/President of Peoples Bank & Trust Co.
The scholarship provides up to four years of $1,000 per semester, a maximum of $2,000 per year, toward tuition and room and board to scholarship recipients for the college of their choice. Scholarship applications are due by March 1st each year. Click the button below to start your scholarship application.
The 2025 Scholarship submission period has ended.
Thank you to everyone that applied. If you are selected, you will be contacted by a member of the Peoples Bank & Trust staff or your guidance counselor.
Eligibility for PB&T Scholarship
Any high school senior who is a US citizen who attends a school in Lincoln County (Silex R-1, Elsberry R-2, Troy R-3, and Winfield R-4), Warren County R-III, St. Dominic, Christian High School, Fort Zumwalt (North, South, East and West), Francis Howell Central, Clopton High School, Bowling Green R-I, Louisiana R-2 schools and any homeschooled students that reside in these districts are eligible to apply.
Minimum cumulative 2.75 grade point average required.
Scoring Criteria for Awarding PB&T Scholarship
The following merit standards will prevail:
- Scholarship – GPA and ACT/SAT scores – 250 points
- Leadership – 250 points
- Honors/Awards
- Organization Participation and Positions of Leadership
- Employment/Community Service
- Essay – 250 points
- Financial Need – 250 points
Total – 1,000 points
Rules for Maintenance of PB&T Scholarship
- Students must provide the trustee board with a college transcript each semester for review to determine maintenance of eligibility criteria. A minimum cumulative 2.75 grade point average is required. If the cumulative grade point average is not met, the trustee board will enforce a scholastic probation of one semester. If the cumulative 2.75 is not obtained, the scholarship will be revoked.
- In the event the student is involved in any disciplinary action with their college and/or any law enforcement agency, the scholarship will be subject to review by the trustee board with possible revocation.
- Room and board are limited to on-campus housing. If the student chooses to live off campus or chooses to live in a sorority or fraternity with higher living expenses, the scholarship will pay only the basic rate of housing for on-campus living.
- All payments will be made directly to the college that the student attends to cover tuition and housing only. The student is responsible for any additional expenses.