Established by Alison Bates in 2005, the James C. Bates & Alison Bates Charitable Lead Annuity Trust provides financial assistance to financially needy students for undergraduate education. When reflecting on her reasons for creating the trust, Mrs. Bates said, “I got to thinking about how important education could be to those who want to start a business, as my husband James did, or who long for the knowledge that college would give them.” Before her death in 2009, Mrs. Bates enjoyed meeting students and knowing the difference a higher education can make for individuals and families.
The Bates Trust Scholarship is a renewable grant of up to $10,000 per year. Interested students should go to MyScholarshipCentral.org, follow the instructions to complete the General Application and then submit the supplemental application for the Scholarship Foundation Interest-Free Loan. Automatic consideration for this grant is included when applying to the Scholarship Foundation Interest-free Loan. Completed applications and all required supporting documents must be submitted by April 15. Awards will be announced in June.