Farmers-Merchants National Bank Scholarship

One of the Sponsored Scholarships administered by the PBL Education Foundation is an annual $8,000 scholarship provided by the Farmers-Merchants National Bank of Paxton and Melvin, Illinois.

Scholarship Information

The Farmers-Merchants National Bank, with offices in Paxton and Melvin, has provided financial services to the area since 1914. In keeping with its tradition of community service and commitment to the education of future civic and business leaders, the Farmers-Merchants National Bank of Paxton established an educational scholarship. This scholarship was first established for the 1999-2000 school year.

The intent of the award is to assist a graduating high school senior living within the Paxton-Buckley-Loda and Gibson City-Melvin-Sibley school districts to continue his/her education beyond high school at a university, college, or trade/vocational school. The Paxton-Buckley-Loda Education Foundation administers the application and selection process for the award of one $8,000 scholarship, which consists of up to four $2,000 annual award payments made to the institution of higher education where the student is enrolled. To be eligible, an applicant must have maintained a minimum of a 3.0 grade-point average based on a 4.0 system through the seventh semester of high school. Applicants are evaluated on three criteria: academic achievement, participation and leadership in school and community activities, and a written essay.

Applications are available at GCMS and PBL High School guidance offices and at the Farmers-Merchants National Bank branches in Paxton and Melvin. Scholarship information and Application forms are also available through the following link:

FMNB Scholarship Information and 2018 Application

Applications for the 2017-18 school year must be submitted through the website or mailed directly to the following address and must have a postmark dated no later than March 2, 2018

PBL Education Foundation
Farmers-Merchants Scholarship
P.O. Box 192
Paxton, IL 60957

Any application not postmarked by March 2, 2018, will be ineligible for consideration for the scholarship. For more information concerning this scholarship, please contact