In memory of Paul Sumerall and to help promote research toward international money transfers and cross-border remittances, the Merchants Bank of California established the Paul Sumerall Memorial Scholarship.
Six scholarships will be granted in a varying amount between $500 and $2,500. Students from around the world are able to apply for this scholarship by completing the online application. Individuals who apply can be college/university students, graduate students and researchers with an interest in international transfer of funds.
The application consists of five parts:
Pursuing studies related to international money transfers will be an important deciding factor when considering candidates- as the funds can be used toward expenses related to a money transfer project or study.
If interested, you can learn more about the Paul Sumerall Memorial Scholarship here.