First Bank Corp Business Scholarship

Scholarship Sponsored by University of Arkansas Fort Smith

Description
**Overview:** The First Bank Corp. Business Scholarship is a selective award for students who plan to study business at the University of Arkansas—Fort Smith (UAFS) and who demonstrate academic strength and campus leadership potential. The scholarship targets students who intend to play leadership roles while enrolled. Selection emphasizes both classroom achievement and extracurricular leadership.

Key takeaways
- Competitive scholarship for UAFS business students.
- Emphasis on strong academics and leadership.
- Intended for students ready to assume campus leadership roles.

Eligibility
**Minimum academic standards:** Applicants must meet baseline academic measures to be considered. Specifically, candidates should have an ACT score of 27 and a high school GPA of at least 3.5. Applicants must also be seeking a business degree in the College of Business and Industry at UAFS.

Key takeaways
- ACT minimum: 27.
- High school GPA minimum: 3.5.
- Must be enrolled in the College of Business and Industry pursuing a business degree.

Application Requirements
**What to submit:** Prospective recipients must submit a complete Application for Admission to UAFS and a separate scholarship application. Both components are required for scholarship consideration. Follow the university’s application instructions to ensure both items are received and processed.

Key takeaways
- Submit both UAFS Admission application and the scholarship application.
- Both submissions are mandatory for consideration.
- Follow university application instructions to avoid delays.

Award Value
**Tuition and optional housing:** The scholarship covers full tuition and fees for up to four years or until degree completion (whichever comes first). In addition, there is an optional housing benefit of $2,500 per year for two consecutive years. If the housing portion is not used in the first year, the entire housing benefit is forfeited.

Key takeaways
- Full tuition and fees covered up to four years or until degree completion.
- Optional housing: $2,500 per year for two years (must be used consecutively).
- Housing benefit is forfeited if not used in the first year.

Renewal Criteria
**Maintaining the award:** To renew the scholarship each year, students must maintain a 3.0 cumulative UAFS GPA. They also must enroll in 15 credit hours each semester and successfully earn 30 credit hours per academic year. Failure to meet these renewal standards may result in loss of the award.

Key takeaways
- Maintain a 3.0 cumulative UAFS GPA.
- Enroll in 15 credits each semester and earn 30 credits per year.
- Not meeting these standards can lead to nonrenewal.

Terms and Conditions
**Additional contract and major-change rules:** Current recipients are bound by the renewal criteria specified in their scholarship contracts. Changing majors away from the College of Business and Industry may result in loss of the award. Review your contract carefully and consult the scholarship office before making major changes.

Key takeaways
- Scholarship renewal follows terms in the recipient’s contract.
- Changing majors can cause loss of the award.
- Consult the scholarship office before altering your academic plan.

Application Timeline
**Deadlines and timing:** Applicants must submit both the admission and scholarship applications; specific admission deadlines follow UAFS timelines. The housing application deadline for the scholarship’s housing portion is March 15. Missing the housing deadline or failing to apply on time may forfeit the housing benefit.

Key takeaways
- Submit both admission and scholarship applications per UAFS schedules.
- Housing application deadline: March 15.
- Late or missing housing application can forfeit housing benefit.

History of the Award
**Background availability:** No historical or founding details for the First Bank Corp. Business Scholarship were provided in the source material. For origin, donor intent, or historical award data, contact the UAFS scholarship or development office.

Key takeaways
- No history supplied in the provided information.
- Contact UAFS scholarship or development office for background.
- Donor and historical details are handled by the university.