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McFarland Charitable Foundation Nursing Scholarship

Sponsor: Havana National Bank

William E. McFarland believed that the wealth he accumulated during his life should be used to benefit the health needs of the community from which he built his wealth. He established a perpetual trust to provide scholarships to registered nursing students. This trust is now known as the McFarland Charitable Foundation. The primary purpose of the Foundation is to improve the healthcare services in the Havana, Illinois area by providing scholarships to qualified registered nursing students. These students must agree to return to the Havana area to serve as registered nurses one year for each year of funding. Applicants must have a guarantee of employment from a nursing employer in the area as a prerequisite for a scholarship. Students must be accepted into an accredited school of registered nursing. The Foundation requires students to enroll full-time and to pursue the degree continuously. The work service obligation requires full-time employment. Students are required to sign a written contract covering the scholarship terms and the work service obligation. Failure to complete the work service obligation requires repayment of all funds disbursed with interest from the date of each disbursement, plus recruitment and replacement costs.

Award Amount: 15000
Award Duration:
Deadline: April 1, annually

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Qualification Requirements
Grade Point Average (GPA):

Contact Information
Larry Thomson, CP and Senior Trust Officer
Havana National Bank
112 South Orange St, PO Box 200
Havana, IL 62644
Telephone: 800-921-5538, 309-543-3361
Fax: 309-543-2601
Email: info@havanabank.com
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