Mega Bank Scholarship Program

Scholarship Sponsored by Asian Pacific Community Fund

Description

Overview

This scholarship program supports high school seniors from Mega Bank’s business service areas who plan to begin full-time, degree-seeking college study in Fall 2026. It is part of a broader mission to cultivate philanthropists who invest in organizations that empower underserved Asian American, Native Hawaiian, and Pacific Islander (AANHPI) communities by building healthier communities, amplifying AANHPI voices, and developing leaders. Mega Bank funds multiple awards to help local students pursue higher education.

Key takeaways

• Five scholarships are offered to graduating high school seniors.
• Recipients must plan to enroll full-time in Fall 2026.
• The program aligns with Mega Bank’s AANHPI-focused philanthropic mission.
• Awards target students from the bank’s service territories.

Eligibility

Who can apply

Applicants must be high school seniors who reside in Los Angeles County or Orange County, California, and plan to enroll as first-year, full-time students in Fall 2026. Eligible institutions include U.S.-accredited four-year colleges/universities or California community colleges. Applicants must have a minimum cumulative unweighted high school GPA of 3.0 and come from households at or below the Low-Income Level; income verification (tax return) will be required if selected. The scholarship is open to all majors and does not require any specific ethnicity; however, Mega Bank employees and their immediate family members are not eligible.

Key takeaways

• Residency: Los Angeles County or Orange County, CA only.
• Enrollment: First-year, full-time in Fall 2026 at an accredited U.S. 4-year college or a CA community college.
• Academic minimum: 3.0 cumulative unweighted GPA.
• Income requirement: Household at or below Low-Income Level (tax return verification if awarded).
• Open to all majors; no ethnicity requirement; bank employees and immediate family excluded.

Award

Value

Amount and conditions

Five scholarships of $1,000 each will be awarded. These are one-time awards intended for students entering college in Fall 2026. Selected recipients must complete verification steps — including proof of college acceptance and income documentation — before funds are disbursed.

Key takeaways

• Award: $1,000 per recipient.
• Number: Five scholarships total.
• One-time payment contingent on verification.
• Proof of college acceptance and income documentation required for award disbursement.

Application

Materials

Required documents

To apply, candidates must submit a completed application form, a recommender form, and an official high school transcript. The transcript should demonstrate the required GPA and coursework. Additional verification documents (for example, an acceptance letter or tax return) will be requested from selected finalists.

Key takeaways

• Submit: Application Form, Recommender Form, High School Transcript.
• Transcript must show cumulative unweighted GPA.
• Finalists will be asked for additional verification documents if selected.

Application

Timeline

Process overview

Applicants must be planning to enroll as full-time, degree-seeking students in Fall 2026; that enrollment date defines the applicant pool. The typical process includes application submission, review by the selection committee, finalist verification, and award notification/disbursement. Exact application deadlines, review dates, and notification timelines are provided by Mega Bank in the official scholarship announcement.

Key takeaways

• Enrollment requirement: Fall 2026 start.
• Stages: apply → review → verification of finalists → award notification/disbursement.
• Check Mega Bank’s official scholarship announcement for exact deadlines and dates.

History of the

Award

Program purpose and context

The scholarship is part of Mega Bank’s ongoing commitment to support youth in its business service territories and help them achieve higher education goals. The award program reflects the bank’s broader philanthropic strategy to strengthen underserved AANHPI communities through leadership development, community health, and civic engagement. While the scholarship targets local students entering college, it forms one component of the bank’s longer-term community investment efforts.

Key takeaways

• Scholarship is a community investment by Mega Bank.
• Focuses on youth in the bank’s service areas (Los Angeles and Orange counties).
• Aligned with goals to strengthen AANHPI communities and develop future leaders.