Cathay Bank Foundation Announces the 2024 Scholarship Recipients, The Rising Stars of Our Communities
November 05 2024 - 9:00AM
Business Wire
The Cathay Bank Foundation is delighted to announce the 20
recipients of the 2024 Cathay Bank Foundation Scholarship. This
year, the scholarship program received 720 applications, a 35%
increase from last year’s 533 applications. Notably, more than 29%
of students applying for the scholarship program will be the first
to attend college in their family and 90% are minorities.
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2024 Cathay Bank Foundation Scholarship
Recipients (Photo: Business Wire)
The Asian Pacific Community Fund, the program administrator,
diligently narrowed the pool to 487 highly qualified candidates.
Then, Cathay Bank volunteers reviewed and evaluated these
candidates to choose the final 20 awardees.
The Cathay Bank Foundation Scholarship has become a hallmark of
our commitment to positively impact the education of our
communities. With an award of $2,500 to each scholarship awardee,
these students will receive financial assistance towards tuition
costs as they pursue their higher education goals.
The 2024 Cathay Bank Foundation Scholarship recipients represent
the best and brightest of the states we serve. We are proud to
introduce the following outstanding students:
- California – Alan Zeng
- California – Ania Saucedo Cedillo
- California – Annie Cai
- California – Yanfen Lin
- Illinois – Aarya Drover
- Illinois – Alice Jiang
- Maryland – Aarju Karki
- Maryland – Yaa Ofori-Appiah
- Massachusetts – Aileen Lopez-Merida
- Massachusetts – Jessica Li
- Nevada – Isaac Briones
- Nevada – Rochelle K-Ahwireng
- New Jersey – Derek Cho
- New Jersey – Martin Bassett
- New York – Bianna Chen
- New York – Sylvia Tai
- Texas – Sara Essa
- Texas – Sebastian Rico
- Washington – Alvin Sung
- Washington – Shilten Kenzhegazy
Deborah Ching, Chair of the Cathay Bank Foundation, said, “The
scholarship recipients represent a wide range of talent across many
fields of study. They all share a drive to make positive
contributions to their communities and this country. Cathay Bank
Foundation is proud to support these outstanding individuals in
pursuit of their educational and career goals.”
Nancy Tarr, Cathay Bank’s Senior Vice President and Director of
Community Development, said, “Cathay Bank proudly sponsors these
scholarships for exceptional students as an investment in our
future. This year the scholarship amount was increased to $2,500 to
provide additional support for the aspirations of these 20
deserving community leaders. We wish them much success in their
educational journey.”
The Cathay Bank Foundation Scholarship continues to grow and
positively impact the lives of deserving students each year. It
reflects our steadfast commitment to investing in the future
leaders of our communities, empowering them to achieve their dreams
and contribute to society.
About Cathay Bank Foundation
Cathay Bank Foundation, founded in 2002, has a mission to create
opportunities in the areas of affordable housing, community and
economic development, and education. The Foundation also supports
programs focusing on culture and arts, health and welfare, and
environmental and human services that benefit the communities at
large. Visit cathaybankfoundation.org for more information.
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Fiona Chiu Fiona.Chiu@cathaybank.com
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