Do you know about the MUFG Union Bank Scholarship Program? If you are in search of some funds to pay your institutional costs, then here is the right opportunity for you. Union Bank Foundation and the UNCF are together introducing you to the worthy scholarship called ‘’MUFG Union Bank Scholarship Program 2020’’. The Union Bank Foundation established this Scholarship in partnership with the UNCF. The Program is available to college freshmen, sophomore, or junior who enrolls a full-time student at any UNCF member institution, other Historically Black College or University, or the U.S. located, accredited four-year institution in fall 2020.
The motive of this program is to reduce the financial burden on the students who are passionate about their educational careers. The association understands how difficult it is for financially unstable students to complete their higher education with the constantly rising costs of education. This program is designed to reduce the financial pressure of the deserving candidates and make education affordable for them. The primary motivation behind the program is that every student who is passionate about his or her goals should get an opportunity to complete their education without financial barriers.
UNCF is known as a blessing for students for providing several different educational programs that ultimately reduce financial barriers and make academics accessible to everyone. UNCF’s North Star is to increase the total annual number of African American college graduates by focusing on activities that ensure more students are college-ready, enroll in college, and persist to graduation. This is done through a three-pillar strategy. Positioning member institutions as a viable college option for students and investing in institutional capacity to improve student outcomes; creating transformational support programs to ensure students are enrolling and persisting through college completion; building awareness of educational attainment and cultivating college-going behaviors within the African American community.
Table of Contents
Know more the scholarship in the table given below:
|Organization||UNCF and MUFG Union Bank|
|Educational Level||University or college students|
|Number of Awards||Undefined|
|Nationality||Domestic and International|
|Application Deadline||December 15, 2021|
|Requirement||Application, LoR, Essay|
Who May Be Eligible?
Know more about the requirements to be eligible for this program, below:
- College freshman, sophomore, or junior who enrolls a full-time student at any UNCF member institution, other Historically Black College or University (HBCU), or a U.S. located, accredited four-year institution in fall 2020 are eligible.
- Eligible applicants must major in accounting, banking, business, economics, finance, information technology, or software engineering.
- The fellow should maintain a minimum cumulative GPA of 3.30 on a 4 point scale.
- In addition, preference will be given to applicants who are permanent residents of Arizona, California, New Jersey, New York, and North Carolina.
How to Apply
To apply for the program, eligible candidates should submit the online application. Applications should be submitted before the deadline. Late applications or applications with incomplete data will not be considered for the scholarship. Fellows should first register through the online portal by submitting their credentials if they don’t have an account they can create a new or register. All the mandatory materials should be provided through the same application. Any incomplete material will be the reason for the rejection of your application.
- One letter of recommendation is necessary.
- 300-word essay personal statement stating their career aspirations and an official transcript is mandatory.
Selected recipients will receive a one-time, merit-based scholarship of $5,280 in the fall of 2020. This amount should be utilized to pay the educational expenses of the candidate like tuition, fees, books, room, or other needs. The program motivates the candidates to do better in their academics and maintain a good academic record for further years. This scholarship encourages students to do hard work and appreciates them for the hard work they did in their high schools.
The last date to apply for this program is December 15, 2021. No late or incomplete applications will be entertained.