An endowed scholarship fund established through the generosity of The First National Bank of Slippery Rock continues to provide financial assistance to area residents earning business-related degrees at Slippery Rock University, including four students named as this year's scholarship recipients. Pamela Kretzer, a junior accounting major from Volant, and Timothy May, a senior communication major from New Castle, have had their scholarships renewed. The permanently endowed scholarship helps area residents obtain a business degree and, hopefully, make a positive impact on the economic development of the area following their graduation.
Initial awards are renewable through the traditional senior class academic year.
The scholarship is available to permanent residents of Butler, Lawrence, Mercer and Venango counties. First-year students must have earned a minimum high school grade point average of 3.0. A minimum grade point average of 3.0 is required for current students and for renewal eligibility. Financial need also is a consideration. The bank's seventh community banking office is being constructed in New Wilmington and will open during the first quarter of 2000.