FARMINGTON — Franklin Savings Bank’s Community Development Foundation has awarded $33,000 college scholarships to 11 local students. The scholarships are $3,000 each. The bank awards the scholarships per year to students from 10 local schools, according to a Franklin Savings Bank press release.

The 2013 Franklin Scholars are Lindsey Allen, of Jay, daughter of Heather McPhee and Vaikko Allen. Allen plans to major in human resources and management at Thomas College, in Waterville. She is a graduate of Spruce Mountain North High School.

Megan Burdick, of Wilton, is the daughter of Judy and Robert Burdick. She plans to major in business at the University of Southern Maine, in Portland. She is a graduate of Mt. Blue High School.

Ashli Frost, of Jay, is the daughter of Megan Reed and Jason Frost. She plans to major in accounting at the University of Tampa, Fla. She is a graduate of Mt. Blue High School.

Megan R. Crosson, of Rangeley, is the daughter of George and Debbie Crosson. She plans to major in business at the University of North Carolina. She graduated from Rangeley Lakes Regional School.

Ali E. York, of Skowhegan, is the daughter of Paul York and Stephanie Walston. She plans to major in business administration at Husson University, in Bangor. She is a graduate of Skowhegan Area High School.

Kaitlyn C. Cowen, of New Portland and Madison, is the daughter of Gary and Kristen Cowan. She plans to major in hospitality and tourism management at Husson University. She is a graduate of Carrabec High School.

Taylor Sue Jordan, of Kingfield, is the daughter of Jonathan and Kim Jordan. She plans to major in marketing management and accounting at Thomas College. She is a graduate of Carrabec High School.

Loren Keim, of Dixfield, is the son of Blue and Lisa Keim. She plans to major in management at Husson University. She is a graduate of Dirigo High School.

Logan N. Bruneau, of Madison, is the child of Brandi Willette and Alan Richard. Bruneau plans to major in management at Thomas College, and is a graduate of Madison Area Memorial High School.

“This is a great group of young people. They’ve worked very hard to achieve many great things while in high school. It’s our pleasure to help them pursue their goals for higher education. I’m confident they will continue to succeed,” said Peter Judkins, president and CEO at Franklin Savings Bank, in the release.

Scholarships from the Franklin Savings Bank Community Development Foundation were awarded to students who plan to attend a four-year college with studies concentrating in accounting, finance, marketing, management, computer sciences or other business related courses. The graduating seniors were selected as Franklin Scholars based largely on high academic achievement, which alone represented 70 percent of the criteria for scholarship selection. The remaining 30 percent was based on community citizenship, participation in extra-curricular activities, such as athletics, band, school clubs or drama, and financial need.

The bank’s Community Development Foundation grants the scholarships to the schools, which select the student and administer the scholarship.

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