Investing in the future of our community

Bank of Hope takes great pride in supporting education in the communities where we operate and have distributed millions in scholarships to date through the Hope Scholarship Foundation. We hope that the Hope Scholarship can act as a 'small but great hope' for the selected students to advance their futures.

2020 Scholarship Program

We are no longer accepting applications for our 2020 Bank of Hope Scholarship Program. Please revisit this page in the future for application details on the 2021 Bank of Hope Scholarship Program.

Award Amount $2,500 per student.
Each winner is eligible for only one award. Awards are intended for the   student only; no provision is made for spouses or dependents. No substitution of the award is permitted. The check will be issued to the or university on behalf of the student, either by paper check or   wire transfer.
 Deadline Saturday, February 29, 2020, 5:00 PM (EST).
The application window for the 2020 scholarship is currently closed.
 How to Apply Click on the APPLY NOW button when you are ready to submit your application. Please be mindful that this is a one-time submission. You CANNOT go back and edit/save your changes. Please refer to the list below and have your documents ready for submission.
 Supporting Documents To complete your application, please be ready to submit the following supporting documents.
Please remember to have these documents ready prior to clicking the APPLY NOW button.
  • Recommendation Letter: Must be completed and sent by the recommender directly to Recommender must clearly indicate who the letter is for by titling the email "Scholarship_Student's First & Last Name" (i.e. "Scholarship_John Doe").
  • Transcript: Most recent unofficial/official transcript issued by your school.
    *For those who have earned a GED, attach your transcript/certification in the Attachment Page of the application under “Transcripts.”
  • Essay: Must be in PDF form.
 Essay Please select ONE essay topic below and write approximately 500 words   in length and submit it along with your application in PDF form. Please prepare your essay PRIOR to starting your application process. Keep in mind that once you begin your application process, you cannot   edit/save changes. Your essay will be evaluated on how relevant your answer is to the content of the question, grammar, and spelling.
  • Topic 1: Please explain a personal hardship or catastrophic life event that you have experienced. How did you manage to overcome this obstacle? What did you learn and how did you grow from it?
  • Topic 2: Write a short essay that describes areas in your life where you have demonstrated leadership and overcame the obstacles.
 Requirements Please be informed that if you do not meet these requirements, your application will be forfeited.
  • Must be a citizen, national or legal permanent resident of the United States. Citizens of the Freely Associated States may apply
  • Must be enrolled in either a 4-year institution or 2-year institution as an incoming freshman
  • Must have a minimum cumulative GPA of 3.0 on a 4.0 scale or have earned a GED
  • Must demonstrate financial need and qualify based on income restrictions and limitations
    Please see Bank of Hope Scholarship Income Restriction for more information


Must be a Resident of the Following Counties:

California Alameda County, Los Angeles County, Orange County, San Bernardino County, Santa Clara County, San Diego County
New York Nassau County, New York County, Queens County
New Jersey Bergen County
Virginia Fairfax County
Illinois Cook County
Washington King County, Pierce County, Snohomish County
Alabama Montgomery County
Texas Dallas County, Tarrant County, Harris County

Disclaimer: Due to the large volume of applications received by Bank of Hope, it is
not possible to respond to requests regarding the status of applications.

Have any questions? Send us a message.