Overview

The corporation established its first scholarship in 1993 with the award of a $2,000 grant ($500 a year for four years) to a high school senior. The program remained at this level through 1997, while the number of students receiving scholarships increased. In 1998, the process of reaching $6,000 grants began. For the 2000-2001 academic year, two $4,000 grants and one $3,600 grant were awarded, and on December 5, 2000, the Board of Trustees approved the awarding of three $6,000 grants in 2001. This had been the target amount established at the corporation's inception in 1992, and previously planned for achievement in 2002. Fortunately, donations received in 2000 were such as to permit a one-year advancement of this timetable. From this point on, donations permitted increasing the number of students to nine in 2004 along with the awarding of four $6,000, and five $2,000 grants. In 2005, the generosity of one family allowed the corporation to award its first $8,000 grant and 2006 saw this number increase to five along with one $6,000 and four $2,000 grants. In 2007, two additional named scholarships brought the MOBC total to twelve and permitted the awarding of five $8,000, one $6,000, one $4,000 and five $2,000 grants. By 2009, there should be forty-eight students in the program at any one time. Hopefully, this number will grow and the addition of increased funds will permit the awarding of larger grants.

  Current Status

Seventy-two high school seniors have received scholarships in the last 15 years, while three students have received small one-time grants. As of June 2007, 24 had graduated while remaining in the MOBC Program. There are currently 38 students in the program.

In March 2007, the Scholarship Committee will select five students to receive $8,000 grants, one to receive a $6,000 grant and four to receive $2,000 grants.



 
 
 

Class of 2008

 

Class of 2009


Class of 2010

 

Class of 2011


 


  Applicant Qualifications

For general program eligibility criteria, click here. Individual student qualifications follow:

  1. Must be a High School Senior.
  2. Must have the recommendation of his/ her principal.
  3. Must have achieved a minimum score on any of the following: 21 on the ACT, 900 on two-part SAT, or 1350 on three-part SAT. Must also have a G.P.A. of 3 on a 4 point grading scale.
  4. Must demonstrate superior leadership skills in school and or community activities.
  5. Must possess moral and character attributes worthy of scholarship candidates.
  6. Must maintain a “B” average (3.0 on a 4.0 scale) throughout the term of the scholarship, being re-certified annually for college attendance. Failure to do so will result in probation for one (1) semester or two (2) quarters. If a “B” average is not later maintained, such failure will result in disqualification and forfeiture of the unused portion of the scholarship.
  7. May only apply for one scholarship and must return completed application to arrive at the MOBC corporate office not later than Saturday, March 1, 2008.

  Download Application

 

To view a copy of our Scholarship Application that you can fill out and print on-line click here.

To view a copy of our Scholarship Application that you can print out click here.

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