From left to right: Maria Connor, Beverly High School; Kyle Costello, Pentucket Regional High School; Sofia DeSimone, Triton Regional High School; Kellen Waters, Ipswich High School; Michael J. Jones, President and CEO; Jason Kluge, Rockport High School; Soo Ae Ono, Gloucester High School; Cole Dwyer, Hamilton-Wenham Regional High School; Jenny Conant, Masconomet Regional High School; and Emma Fisher, Newburyport High School

Institution for Savings $20,000 Scholarship

Since 1820, the Institution for Savings has been committed to positively affecting the lives of every person, business and organization within the communities it serves. As part of that commitment, the Bank, through its Charitable Foundation, will award six scholarships annually in the amount of $20,000 each. Recipients must be graduating seniors from Amesbury, Beverly, Gloucester, Hamilton-Wenham, Ipswich, Masconomet Regional, Pentucket Regional, Newburyport, Rockport, Salem or Triton Regional High Schools.  


Submission Instructions

Applicants must complete and submit the following no later than April 1, 2020 to:  Institution for Savings Scholarship Committee, PO Box 510, Newburyport, MA  01950.  Incomplete submissions will not be considered.


Institution for Savings Scholarship Application

Norman L. Quint Scholarship (Ipswich High School students only)

In addition, the Bank awards four $1,000 Norman L. Quint Scholarships to graduating Ipswich High School seniors. Mr. Quint retired from the former Ipswich Co-operative Bank in 1990 after 30 years of dedicated service. (The Institution for Savings and the Ipswich Co-op merged in 2007). His tenure included 19 years as Chairman of the Board. As a result of Mr. Quint’s vision, a school bank branch was established at Ipswich High School.

?Submission Instructions

Applicants must complete and submit the following no later than April 1, 2020 to School Guidance office or directly to the Instititon for Savings Quint Scholarship Committee, PO Box 32, 2 Depot Square, Ipswich, MA 01938. Incomplete submissions will not be considered.


  • Completed application
  • Copy of High School Transcript
  • Autobiographical statement
  • One Essay
  • Two letters of recommendation

Norman L. Quint Scholarship Application