Costello Scholarship Program
PNC Bank, N.A., as trustee of the Costello Trust has established a scholarship program to assist students who plan to continue their education in college or vocational school programs.
Costello Scholarship Program
The program is administered by Scholarship America®, the nation’s largest designer and manager of scholarships and other education support programs for corporations, foundations, associations, and individuals. Eligibility for individual programs is determined at the sole discretion of the sponsor and eligible applications are reviewed by Scholarship America’s evaluation team.
Eligibility
Applicants to the Costello Scholarship Program must:
- Be high school seniors, high school graduates, or current postsecondary undergraduates, who plan to enroll in full-time undergraduate study at an accredited two-year or four-year college, university, or vocational-technical school for the entire upcoming academic year
PNC employees or Trust committee members, their immediate family members, and members of their households are not eligible to apply.
*Preference will be given as follows:
- First, to students who are members of the St. Joseph the Worker Parish and who attend St. John Neumann Regional Academy with preference given to high achieving students;
- Next, to students attending St. John Neumann Regional Academy and who are members of any parish in the Diocese of Scranton with preference give to high achieving students; and
- Thereafter, to students attending a Catholic high school within the Diocese of Scranton with preference given to high achieving students.
Awards
If selected as a recipient, the student will receive a minimum $1,000 award. Up to two awards will be granted to one male and one female. Awards are renewable up to three years or until a bachelor’s degree is earned, whichever occurs first, on the basis of satisfactory academic performance (maintaining a cumulative grade point average of 2.0 on a 4.0 scale), and full-time enrollment.
Awards are for undergraduate study only.
Notification
All applicants will be notified in July.
Notifications are sent via email. When setting up your account, avoid using a school or work email. Instead, use an active, personal email address that you will continue to have access to.
Please make sure to add studentsupport@scholarshipamerica.org as well as the program email address as safe senders in your email contact list.
Payment of Scholarships
Scholarship America processes scholarship payments on behalf of PNC Bank, N.A. Payment is made in August.
Selection of Recipients
Scholarship recipients are selected on the basis of:
- Academic performance
Financial need is not considered.
Scholarship America will evaluate all eligible applicants and provide results to PNC Bank, Trustee with recommended recipients and award amounts. The Trust committee, or an outside committee will select recipients and determine award amounts. All applicants agree to accept the decision as final.
Requirements
As part of your application, you must upload the following:
- A current, complete transcript of grades. Grade reports are not accepted. Transcripts must display:
- Student name
- School name
- Grades
- Credit hours for each course and term in which each course was taken.
NOTE: If you are providing SAT or ACT test scores, and those scores are not listed on your high school transcript, you will need to upload a copy of your test score report(s) separately. If you are uploading a college transcript, those scores are not required.
Your application is not complete unless all required materials are submitted electronically.
