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Prochnow Education Scholarships

The Michigan Bankers Association has announced a scholarship program that each year will enable a banking professional from one of its member firms to pursue further studies in bank management.

The recipient of the Prochnow Educational Foundation/ Michigan Bankers Association Scholarship will receive a $1,200 discount from the regularly charged fees for each of the three years of the Graduate School of Banking at the University of Wisconsin - Madison.

This $3,600 scholarship, established and funded by the Graduate School of Banking's Herbert V. Prochnow Educational Foundation will be awarded annually to a selected individual who has demonstrated outstanding leadership and a commitment to his or her community and to the banking industry.

The recipient must be employed by an organization that is a member of the Michigan Bankers Association and must enroll in the Graduate School of Banking within one year of receiving the award. All eligible individuals nominated for the scholarships will receive a refund of the $100 registration fee for the Graduate School of Banking program upon completion of their first year at GSB.

The Michigan Bankers Association sponsors the Graduate School of Banking through its membership in the Central States Conference of State Bankers Associations. Dennis Koons, President & CEO of the Michigan Bankers Association, is a member of the school's Board of Trustees.

For further information, please contact Angela Menthen at the Michigan Bankers Association or click here for an application. Click here to download the Admissions Policy.