Apply Now: Bank of America Merrill Lynch Scholarship 2022

by Administrator
4 minutes read

Suppose you’re an international student and have experienced how difficult obtaining an exemplary scholarship is in person, apply for Bank of America Merrill Lynch Scholarship Today.

The cost of tuition for international students is typically twice as expensive as domestic tuition, which means that you’ll be paying a significant amount and have fewer scholarship options available.

Are you an International student looking for scholarships to study abroad or a scholar who wants to pay for your research or studies abroad? Do not look further! Bank of America offers international scholarships called Bank of America Merrill Lynch Scholarship. Apply Now!

About Bank Of America

The Bank of America Corporation (often abbreviated BofA or BoA) is an American multinational investment bank and a holding company for financial services headquartered in the Bank of America Corporate Center in Charlotte, North Carolina. The city of San Francisco established the bank and took its current shape after the Nations Bank of Charlotte acquired it in 1998. It is the second-largest bank establishment in the United States, after JPMorgan Chase and is the second-largest globally in terms of market capitalization.

Bank of America is one of the Big Four banking institutions in the United States. It is responsible for 10.73 percent of all American bank deposits and is in direct concurrence against JPMorgan Chase, Citigroup, and Wells Fargo. Its primary financial services focus on commercial banks’ financial services, such as wealth management and investment banking.

A branch of its story goes back to the U.S.-based Bank of Italy, created in 1904 by Amadeo Pietro Giannini, born in 1904. The bank offered various banking options for Italian immigrants facing discrimination.

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It was initially headquartered in San Francisco, California; Giannini purchased Banca d’America e d’Italia (Bank of America and Italy) in 1922. The passage of the landmark federal legislation on banking facilitated rapid growth during the 1950s, establishing the largest market share. After suffering a massive loss in 1998 following the Russian debt default, BankAmerica, which was at the time, was purchased by the United Bank of Charlotte. Nations Bank for US$62 billion.

After the biggest bank acquisition in the history of banking and 2008, when the Bank of America Corporation was established, through a succession of acquisitions and mergers, it expanded its commercial banking services by creating Merrill Lynch for wealth management and Bank of America Merrill Lynch for investment banking in 2008 and 2009 respectively (since changed to BofA Securities).

Bank of America was also placed at #8 in Forbes’s 2020 Global 2000 rankings. Bank of America was named the “World’s most admired bank” in The Euromoney Institutional Investor in their 2018 Awards for Excellence.

About Bank of America Merrill Lynch Scholarship

The Bank of America Merrill Lynch Scholarship of Distinction is available to students of minority backgrounds who wish to make a career in the financial sector. The eligible candidates are women, African Americans, LGBT, Hispanics, Native Americans, Veterans of the military, and students with disabilities.

Ideal candidates demonstrate an outstanding academic record and are engaged in extracurricular and professional activities. The award aims to honor high-achieving applicants from historically underrepresented groups and provide them the chance to finish their education and begin employment in the financial service sector.

Advantages Bank of America Merrill Lynch Scholarship

The amount of the award of the Bank of America Merrill Lynch scholarships is typical $5,000 to $10,000.

Eligibility Requirement For Bank of America Merrill Lynch Scholarship

The Bank of America Merrill Lynch Scholarship is open to students interested in pursuing work at Bank of America Merrill Lynch. The applicants must be full-time students with at least a GPA of 3.2 or higher that are pursuing an undergraduate or B.S. degree from an accredited university or college within the U.S. Candidates must be able to demonstrate excellence both in and out of the classroom.

This award is typically in November each year.


Visit the official website for more information, CLICK HERE

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