The Beard/Bennett Memorial Scholarships consist of six awards. Essay winners will receive a $6,000 scholarship ($1,500 each year for four years to an accredited college or university with the stipulation that each recipient must maintain a 3.0 grade point average each year to continue receiving the award). The money will be paid directly to the college or university of the winner's choice, provided it is used within one year after graduation.
Applicants must be high school seniors or home-schooled students to qualify. Applicants are not eligible for Tuition Booster or Directors Scholarships. BayPort Credit Union employees, directors, and committee members, as well as their children or dependents, are not eligible.