Citizens Bank announces TruFit Good Citizen Scholarships
Citizens Bank recently announced a call for applications for its TruFit Good Citizen Scholarship program offering scholarships up to $7,500 to students whose volunteer efforts have made a difference in their communities. The program is open to high school seniors and current college students attending or planning to attend a federally accredited four-year college.
“We created this scholarship program as a way to reward those students who have invested their time and energy in making their communities better places to live,” said Daniel K. Fitzpatrick, Citizens Bank president and CEO for Pennsylvania, New Jersey and Delaware. “As a bank that provides student loans to thousands of students across the country every year and whose colleagues have made community service one of our core values, we are excited by this opportunity to offer college scholarships to students who share our commitment to local communities.”
Twenty scholarships totaling $50,000 will be awarded to students who reside in or plan to attend college in Citizens Financial Group’s 12-state footprint. One winner will receive $7,500; four winners each will receive $5,000; and 15 winners each will receive $1,500.
Applicants are asked to write an essay of no more than 500 words or to tape a 90-second video explaining the responsibility and leadership skills they have exhibited through their community service experience. For full details and to apply, go to www.citizensbank.com/scholarship. The application deadline is Friday, Sept. 16, and winners will be announced in November. Citizens chose this timing for the TruFit Good Citizen Scholarship in part to help students who may find themselves with funding gaps leading into the second semester.
As part of its commitment to helping students finance their education, Citizens recently announced that its TruFit Student Loan product now is available with a new fixed rate, giving students peace of mind in knowing how much their monthly payments will be when they start to repay their loans. There are no origination fees associated with the loan, and interest rates are as low as 6.75 percent APR. Although students have the ability to qualify solely, they are encouraged to apply with a qualified cosigner to increase their chances of receiving the lowest interest rate possible.
Citizens Bank customers also are eligible for cash rewards and other incentives as they save money for college through the bank’s CollegeSaver and GoalTrack Savings programs. In addition, college students are eligible for other rewards and special benefits through the bank’s Student Money Bundle program.
Citizens Bank is a division of RBS Citizens, N.A., operating its seven-state branch network in Connecticut, Delaware, Massachusetts, New Hampshire, New York, Rhode Island and Vermont. It has 26 branches and 58 ATMs in Delaware. For more information about these and other Citizens Bank programs, go to www.citizensbank.com.
