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Northern State Bank of Virginia Scholarship

As a community bank that prides itself on supporting and investing in our local communities, we recognize the financial responsibility it takes for a student to continue their education in a post-secondary school. We are dedicated to our community and to today's youth and are proud to offer the Northern State Bank of Virginia scholarship.

For 2022, a $500 non-renewable scholarship will be awarded.

The scholarship is available to Iron Range high school seniors enrolling full-time (12 credits or more) in a community college, public or private four-year university, or vocational-technical school in the fall of 2022, and have a cumulative GPA of 3.0 or higher. Consideration for this scholarship is based on community involvement, extra-curricular activities, school organizations, as well as a brief essay.

The deadline for the 2022 scholarship application is March 1, 2022. Applications received after March 1, 2022 will not be considered for the current scholarship year.




Applications can be dropped off or mailed to:

Northern State Bank of Virginia
Attn: Scholarship Application
600 Chestnut Street
Virginia, MN 55792


Scholarship applications will be reviewed by a scholarship committee, and will be awarded without discrimination based on sex, race, religion, age, national origin, or handicap. Recipient must submit a copy of their fall 2022 college schedule before funds are released. Checks will be made payable to their attending college. Northern State Bank of Virginia employees and their family members are not eligible to apply. Northern State Bank of Virginia reserves the right to change the requirements of the program at any time without notice and may, at its discretion, offer non-selected applicants the opportunity in the scholarship program based on terms similar to those set forth within. The decision to do so will be based on the strength of the reviewed applications and be decided solely by Northern State Bank of Virginia. This availability of this option, to any or all applicants, is not guaranteed by Northern State Bank of Virginia. Scholarship recipients are encouraged to consult a tax professional regarding the tax implications of receiving scholarship awards.