- High school seniors who reside in California, Illinois, Maryland, Massachusetts, Nevada, New Jersey, New York, Texas, and Washington.
- Plan to attend a U.S. Accredited 4-Year College/University or Community College in the state of California, Illinois, Maryland, Massachusetts, Nevada, New Jersey, New York, Texas, or Washington as a 1st year student in the Fall of 2020 (if selected, must provide college acceptance letter for verification)
- A minimum cumulative unweighted high school GPA of 3.0
- A household income at or below the Low Income Level (if selected, must provide 2018 or 2019 tax return for verification)
- Open to ALL MAJORS and there is no ethnicity requirement
- Employees of Cathay Bank and their immediate family members are NOT eligible