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Banky Family Scholarship - $20,000 ($5,000 annually renewable for 4 years)




$20,000 ($5,000 annually renewable for 4 years)


This scholarship was established to honor the memory of Veronica (Banky) Eddy, Morristown High School Class of 1978, and Brad Banky, Morristown High School Class of 1985.  All MHS graduating students who are in the top 20 percent of their class, who demonstrate need for assistance and who plan to pursue a college major in business, economics or engineering are eligible.  Funding for this scholarship is provided by the Banky Family.


The scholarship will be open to all Morristown High School seniors who meet the following requirements:

  • Top 20% of the class

  • Acceptance with plans to attend and pursue a degree from an accredited U.S. college or university, which may include a junior college and transfer between colleges and universities.

  • Evidence of need for financial assistance.

  • Pursue a major in business, economics or engineering

  • Agree to maintain communication with the sponsors

  • U.S. Citizen

To qualify for continuance of the $5,000 award each subsequent year, the student must submit by June 30:

  • A college transcript grade report, maintaining a 3.0 GPA

  • A college schedule for subsequent year at school

  • Evidence of continuing to major in business, economics, or engineering

  • A written summary of update of the past school year experience

Application Requirements:

  • MEF Common Scholarship Application with current transcript

  • Provide two letters of recommendation that address why this student should be chosen for this scholarship.

The award may be applied to tuition and fees.  The sponsors reserve the right to discontinue funding for each subsequent year should, for example, the recipient change his or her major or reduce course load below a satisfactory level.

Click here to apply