Scholarship Program, Banking Grants, Tuition Assistance: Minbanc 
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Education Grant Program

Minority and women-owned bank employeesMinority and women-owned bank employeesMinority and women-owned bank employees

The Minbanc Foundation has distributed professional development grants in excess of $600,000 to further employee education and training opportunities at minority-and women owned banks since it was founded. The banking industry is fast-changing. Getting key employees trained in the latest developments can be expensive. That is where Minbanc comes in. Minbanc Foundation encourages all minority and women owned banks to take advantage of up to $3,000 per calendar year in professional education grants for your employees. Get the training you need without breaking the bank! The Minbanc Foundation grant awards are made quarterly for qualifying coursework.

APPLY for a Minbanc education grant today.

Download a grant application here.Adobe Acrobat PDF Scholarship Application

Education Grant Criteria:

  • A maximum of $3,000 in education grants can be awarded per bank, per calendar year.
  • Grants are offered as tuition reimbursement. Travel and any expenses (hotel, meals, etc.) related to attending the course(s) are not eligible for reimbursement.
  • Grants are awarded to employees at the management or officer level.
  • Grant requests are viewed and approved on a quarterly basis.
  • Grant requests are accepted on a rolling basis, but must be submitted for coursework completed within the last (90) days.

In accordance with Minbanc bylaws, grants are awarded only for banking-related courses. Courses must be relevant to the management of a financial institution or address current banking-industry issues, etc. General management courses or courses related to an individual’s continuation of a college or university degree program do not qualify for a Minbanc grant.

Courses offered by the following organizations DO qualify for a Minbanc grant, up to $3,000 per bank, per calendar year:

American Bankers Association

Bank Administrators Institute

Independent Community Bankers of America

Risk Management Association (formerly known as The Robert Morris Associates)

State Bankers Associations