Frequently Asked Questions

Who is eligible to apply for the John B. and Brownie Young Memorial Fund scholarship?

  • You must be a high school senior in the Owensboro Independent, Daviess County, McLean County or Owensboro Catholic Diocese school district.
  • Rank in the top 1/3 of your class on the last day of the fall semester.
  • Plan to attend an accredited non-profit college, university, or vocational/technical school on a full-time basis (minimum of 12 hours).

How will I know if I am eligible to apply for the scholarship?

Your high school guidance counselor will notify all students who are eligible to apply for the scholarship. You will also receive information from Independence Bank regarding the application process.

How are award amounts determined?

John B. and Brownie Young is a remaining need scholarship. Award amounts are determined by cost of attendance less Estimated Family Contribution (EFC), scholarships and grants and are then distributed from available funds.

What if I have no remaining need? Will I receive a scholarship?

Yes. Currently, a minimum scholarship of $500 is awarded to every eligible student who applies.

If my EFC is high, does that mean I will not receive a scholarship?

Since the scholarship is based on remaining need, having a high EFC does not eliminate you from receiving a scholarship. The calculation is based on the cost to attend, EFC and other scholarships and grants you receive. Every eligible student will receive at least $500.

What if I change colleges? Will the scholarship transfer?

If you change schools, you should complete the Change Form.

What is a Student Aid Report? (SAR)

It is a summary of the FAFSA that you submitted and includes the Estimated Family Contribution amount.

What is a Student Award Letter? Why is it needed?

The Student Award Letter is accessed through your student account at your college/university. It lists the costs for the college year and also lists KEES and the scholarships and grants that you have accepted. This information is needed in order to calculate your remaining need to determine your scholarship amount. You should submit your Student Award Letter by July 1st.

When is the deadline to apply?

May 1st

When will I know the amount of my scholarship?

Award letters will be mailed in August.

Will I receive the check or will the college or university I am attending receive the check?

Checks will be made payable to and directly mailed to the college or university.