Preferred Bank is committed to supporting economically-challenged youth residing in its business service territories to fulfill their dreams of obtaining a higher education. Applicants must be high school seniors who reside in eligible counties in California, New York, New Jersey and Texas. Students must plan to attend a U.S.-accredited four-year college/university or a community college as a first-year student in the Fall of 2026. If selected, students must submit a college acceptance letter for verification. Applicants must also have a household income at or below the low-income level. If selected, they must provide 2024 or 2025 tax return for verification. The scholarship is open to all majors and there is no ethnicity requirement. Employees of Preferred Bank and their immediate family members are not eligible to apply. Please visit the scholarship's website or contact the Asian Pacific Community Fund for more information.