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The North Dallas Bank & Trust Co. James W. Tyra Memorial Scholarship

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jim tyra

North Dallas Bank has always strived to work with and serve the surrounding communities. The Tyra Scholarship was so named in 1994 for Mr. Tyra who tirelessly gave to the young lives in our community. Mr. Tyra’s commitment to the community is also represented by the fact that he was the bank’s first Community Reinvestment Act officer.

The North Dallas Bank James W. Tyra Memorial Scholarship Program, now in its fifteenth year, will award two $1,000 scholarships to area seniors from public high schools to help offset for college expenses.

Official Rules

1. Eligibility: Applicants must be area high school seniors, attending a public school inside our trade area (approximately 5.5 miles from one of our banking centers), *who are in the top 25% of their graduating class. Applicants must demonstrate financial need (**annual income of family is less than $68,700) and be recommended by school counselor or principal. Applicants must be an enrolled full-time student and maintain a cumulative G.P.A. of 3.0.

2. Entry Information: Complete the Scholarship Application available in the Counselor's Office at the public high schools inside our trade area. All sections of the application must be completed for application to be eligible. A current official transcript of the applicant's grades, two letters of recommendation (one from high school teacher, counselor, or principal and one from a community member), as well as a letter from the student outlining personal and educational goals (all sources of financing for education and any other information you would like to share with the selection committee) must accompany the application.

Return completed material to North Dallas Bank and Trust Co., c/o Jennifer D. Yeiter, 12900 Preston Road, Dallas, TX 75230. All applications are due by April 1, 2010.

3. Amount of Scholarship: Maximum of $1,000 per year with a limit of $500 per semester to be paid directly to the financial aid office of the school. Failure to enroll by fall semester 2010 constitutes forfeiture of all rights to the scholarship. Scholarship may be renewed for up to three additional years. Must submit transcripts prior to one year of completing class, failure to do so will invalidate our obligation to renew the scholarship and/or pay the amount incurred.

4. Judging: Selection will be judged by an internal North Dallas Bank committee. The decision of this committee will be final. North Dallas Bank does not discriminate against race, color, religion, sex, national origin, citizenship, age, or disabilities.

5. Recipient Notification/Claiming Scholarships: Recipient will be notified by bank.

6. Applicant Agreement: By participating, applicant agrees: to the official rules and decision of the judges and North Dallas Bank; to use their names and/or likeness for advertising, promotion and publicity purposes without consent or compensation; and to release and hold harmless North Dallas Bank from damages arising out of application or participation in this program.

7. Additional Terms: Family members and employees of North Dallas Bank and its affiliates are not eligible.

8. Scholarship Restrictions: Not subject to transfer or substitution. North Dallas Bank reserves all rights to interpret the rules as it deems necessary.

9. Recipients' List: If you would like a copy of the list of recipients contact North Dallas Bank and Trust Co., c/o Scholarship Coordinator 12900 Preston Road, Dallas, TX 75230.

* Schools inside our trade area:

    Coppell High School
    Creekview High School
    Frisco High School
    Hebron High School
    Hillcrest High School
    Irving High School
    J.J. Pearce High School
    Lake Highlands High School
    MacArthur High School
    Newman Smith High School
    Plano Senior High School
    Plano West Senior High School
    R.L. Turner High School
    Ranchview High School
    Richardson High School
    The Colony High School
    Thomas Jefferson High School
    W.T. White High School

**Less than 80% of the Median Family Income as determined by the U.S. Dept. of Housing and Urban Development.

**updated January, 2010


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North Dallas Bank & Trust Co. is a Member FDIC and an Equal Housing Lender elh
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