HBA Scholarship Fund

Capital Scholarship Fund Trust

In July of 1992, the Holliston Business Association (HBA) established the Capital Scholarship Fund. The purpose of the Fund was to contribute to the public welfare through the advancement of education.

To that end, each year the HBA and the Capital Scholarship Fund award no less than two, and no more than four, scholarships to Holliston High School seniors wishing to pursue a degree or certificate in business.

To date the HBA and the Capital Scholarship Fund have distributed more than $68,000 to 34 recipients.

Interested candidates can obtain a copy of the scholarship application from the Holliston High School Guidance office.

Recipients are announced at the annual Seniors Awards Night.

Frequently asked questions about The Capital Scholarship Fund Trust:

Who is eligible to apply?
Any Holliston High School graduating Senior who is interested in pursuing a degree or certificate in business.

How much does it cost to apply for a scholarship?
There is no charge to apply.

Are the scholarships awarded sufficient to pay the cost of my college education?
No. These scholarships are intended to provide only partial support. In addition to applying for scholarships through The Capital Scholarship Fund, you should look into other financial aid resources such as federal grants, loans and work-study awards. A complete financial package can be put together by your high school counselor or your college financial aid office and may include a portion of each of the above types of financial aid.

If I am awarded a scholarship, how much will I get?
The amount of the scholarship varies from year to year. Typically recipients are awarded $1,000 per year with an option to reapply for a second year.
May I receive grants from more than one scholarship?
Yes, you can apply to all the scholarships for which you
are eligible and can be selected as a recipient by any or all.
How do I apply?
You may obtain a scholarship application from the Guidance Department.
The complete list of requirements will be provided to you with your application.

Do I need to pay scholarship money back?
No. This is a charitable grant that does not need to be paid back.
How are the scholarship decisions made?
A selection committee appointed by the Holliston Business and comprised of impartial Holliston Business Association members will meet after the deadline to review each application and select the recipients based on the established criteria.

How will my application be evaluated?
In evaluating the applicants, the committee will consider the applicants’ academic records, test scores, extracurricular activities, work experience, community involvement, and recommendations about leadership and character. The selection process shall balance merit and financial need with an emphasis on financial need.

If I am awarded a scholarship, do I get the check?
No. Award checks will be made payable to the institution and mailed shortly after selection, prior to the beginning of the Fall semester.

What can my scholarship be used for?
The scholarships are for any educational expenses:
tuition and fees, books and supplies, room and board,
and miscellaneous expenses.

If I am awarded a scholarship, what are my responsibilities?
Scholarship recipients must attend college on a full-time basis in the fall of the year in which the scholarships are awarded and continue in college that entire academic year without interruption, barring illness or emergency. Recipients are responsible for having The Foundation notified of their enrollment each quarter or semester by the school.

If I receive a scholarship one year, will I automatically receive an award for the following year?
No. In almost all cases, students must complete the application process again in order to be considered for a renewal scholarship award.

When would I be notified?
Recipients will be notified at the annual Senior Awards night typically held in June.

For more information about Financial Aid and other scholarship opportunities, please visit the following websites:

Massachusetts Department of Higher Education; Office of Student Financial Assistance

Scholarships.com - Find Money for College

GWFC of Massachusetts


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