IBC Bank Funds Scholarship

 Dr. Paul Sorrels, far left, expressed his appreciation to IBC Bank for funding a new scholarship for Sul Ross Rio Grande College students. Seated are Sul Ross State University President Bill Kibler, left, and President and CEO of IBC Bank Héctor Cerna.-Laura Nelson photo

By Laura Nelson

Eagle Pass, Texas-Héctor J. Cerna, President and CEO of the International Bank of Commerce and the President of Sul Ross State University, Dr. Bill Kibler, signed a scholarship agreement on Friday, Jan. 23 in Eagle Pass.

The Antonio R. Sanchez, Sr. Memorial Scholarship will provide $1,000 per semester to the Sul Ross Rio Grande College student who receives the need-based award and it is available for bachelor’s and master’s degree seeking students. To earn the scholarship, a student must display a “Do More” attitude by demonstrating leadership and service in student and community affairs. The full-time student will maintain a minimum grade point average of 3.0 and will complete the Financial Literacy course offered on the recipient’s home campus.

This is one of several groundbreaking scholarships that offers students the opportunity to learn more about how to manage personal finance, including student debt. The scholarship will be available beginning with the fall 2015 semester and the application will be available later this year.

Dr. Paul Sorrels, Associate Provost/Dean for Sul Ross Rio Grande College said, “We are deeply appreciative of IBC and Héctor Cerna for making this scholarship and the financial literacy instruction available to our students. As a 'community university' and a community bank, this partnership serves our institutions’ goals to better prepare our students to contribute to the Eagle Pass community.”