G.P.A. Student Account
Q: What is the G.P.A. program?
A: In an effort to help motivate and reward area students, the Bank of McCreary County is now paying cash to students based on their grade point averages. The money is deposited into a special savings account each grading period based on the student’s grade point average. All you have to do is bring in your report card!
Q: Are you really going to give kids money just for making good grades?
A: Yes! We believe that doing well in school is very important for every child, and the Bank of McCreary County has decided to help motivate students by paying them in the form of cash deposits, just for having good grades!
Q: Ok, so you say you are going to give students money for good grades, but you really mean only the straight A students right?
A: Nope, our program is designed to reward a whole range of students, not just those with perfect scores. See the next question for more.
Q: Exactly how much money are we talking about?
A: The amount awarded depends on your grade point average for a grading period. We will make contributions to the student’s G.P.A. savings account as follows:
- GPA of 2.0 to 2.99, the student will receive a $3 deposit
- GPA of 3.0 to 3.99 will earn a $6 deposit
- Perfect 4.0 GPA will earn a $10 deposit!
Q: Who is eligible for a G.P.A. savings account?
A: Any McCreary County student in grades K-12 is eligible.
Q: How do I sign up for a G.P.A. Savings Account?
A: A parent or guardian can visit any Bank of McCreary County branch to sign up for a G.P.A. account (limit one per student).
Q: How do I get my money each grading period?
A: Just bring your grade card into any Bank of McCreary County branch and we will make a deposit according to your grade point average for that grading period.
Q: Sounds too good to be true, what’s the catch?
A: The only requirement is that the money deposited must remain in the account for at least two years before it can be withdrawn.
Learn more about the GPA Program
