The Bank of Salem scholarship applications are now available. The scholarship is $3,000, awarded in four installments of $750. The scholarship will be awarded to a graduating senior from Salem, Mammoth Spring, Viola, Thayer or Izard County Consolidated. Each installment is paid to the recipient at the beginning of each semester for two academic years. Students must provide proof of enrollment, and after the first semester must provide evidence of maintaining a 2.75 grade point average and maintain full time enrollment (12 hours or more) to receive subsequent installments. Applications can be picked up at the Bank of Salem and must be returned by April 21.