A Comprehensive Guide to Bank of America Student Leaders – Why to Apply, Application Process, Testimonials, and More
As a multinational banking and financial services institute, Bank of America is widely recognized as one of the largest and most prominent in the United States. On top of providing a wide range of services, including retail banking, wealth management, investment banking, and asset management, this organization, since 2004, has reached out and connected over 4,000 community-minded students from nearly 100 different communities to employment, service, and networking opportunities through its the Bank of America Student Leaders Program.
Each year, Bank of America guides civic-minded high school students to develop deeper leadership and job skills, creating a positive change for themselves and others. In this blog, we'll navigate the application process, delve into compelling testimonials from previous Student Leaders, and reveal why high school students should consider applying to this leadership-empowering program.
What is the Bank of America Student Leaders Program?
Founded in 2004, the Bank of America Student Leaders is an 8-week interactive summer program, including the week spent at the Student Leader Summit in Washington, DC. Every year, hundreds of community-minded high schoolers are accepted into the Bank of America Student Leaders program, connecting more than 300 high school juniors and seniors to service opportunities and skills training. They will receive firsthand experience serving their communities through paid eight-week internships with nonprofits like Boys and Girls Clubs of America and Habitat for Humanity. Additionally, they will experience firsthand how nonprofits, governments, and businesses collaborate to meet local needs by participating in the National Student Leaders Summit in Washington, D.C.
Bank of America Student Leadership Summit
At the Student Leadership Summit (July 17-24), students will join their peers to build upon their leadership skills and study the importance of civic engagement and inclusion. They will engage in dialogue about social justice and poverty and visit the Holocaust Museum for a stimulating discussion on how lessons from history can help advance a more inclusive society. In addition to gaining perspective on the value of cross-sector partnerships and the power of mentoring, they will meet with their Congressional leadership and participate in a service learning project at the American Red Cross. The summit serves as a distinctive activity where students not only strengthen their peer networks but also have the opportunity to foster professional connections that can significantly propel their future career options.
2024 Student Leader Eligibility Requirements
The Bank of America Student Leader Program is highly competitive and selective, with acceptance rate for the Bank of America Student Leaders Program is between 5 and 8%
Out of thousands of applicants only 300 are selected.
As daunting as that sounds, the rewards are fulfilling. As a Student Leader, you'll engage in an enriching eight-week paid internship with a local nonprofit, gaining firsthand insights into your community's needs and the pivotal role nonprofits play. This experience will equip you with invaluable civic, social, and business leadership skills.
To become a Student Leader, you must:
Currently be a junior or senior in high school
Be legally authorized to work in the United States without sponsorship through the end of September 2024
Be able to participate in an 8-week paid internship at a local nonprofit/charitable organization and work 35 hours a week
Be able to participate in a week-long Student Leaders Summit in Washington, DC (July 22-27, 2024)
Note: All expenses paid as part of the program and the week is counted within the 8-week experience
Be a student in good standing at your school
Permanently reside in one of the eligible locations (markets)
Have not been previously selected for the program
Note: Students who applied in a previous year and were not selected can reapply if they meet other eligibility criteria
Important note: Bank of America employees or members of their immediate family (e.g., children, siblings, grandchildren, nieces, nephews, etc.) are NOT eligible to apply
How do I apply for the Bank of America Student Leaders program?
After reading through the list of requirements to make sure you are an eligible applicant, you can apply online at www.bankofamerica.com/studentleaders by selecting Apply Now when the application opens in the fall of 2023.
Why You should Apply to BofA Student Leaders
Involvement in Student Leaders Stands out in College Applications
Because of its high selectivity rate and prestige , the BofA Student Leaders program is indeed a fantastic opportunity and looks impressive on college applications, as it reflects leadership, commitment, and social awareness. You can mention your work experience with your assigned organization in your college application or resume, as well as include any recommendations gained from your mentors or coworkers for your college application.
Promotes College and Career readiness
Throughout the program, you will receive assistance with college applications, essay writing, and financial aid.As a Bank of America Student Leader, you are expected to attend workshops and seminars focused on building essential career skills. You will also be able to reach out to mentors and program staff for advice regarding college admissions and building a strong profile, as well as any other program-related queries you may have. Additionally, through whichever non profit you are paired with, you will be assigned in an area that aligns with your potential career path.
Advancing Professional and Personal Development
The Bank of America Student Leaders Program ignites the call for change as past student leaders have gone on to work on issues such human trafficking, reducing gun violence, and utilizing data analysis for advancing performances in child education. If interested in learning more about past work from Bank of America Student Leaders, you can read more here!
Those who were selected in the past mentioned that the paid summer internship at a local nonprofit and the week-long summit in Washington D.C. provided valuable real-world experience, and the chance to build a network with like-minded peers. Personally, they found it to be a memorable and enriching experience that gave them insights into their career aspirations and, academically, it reinforced the importance of public service and community engagement, often strengthening their college essays and interviews. Even if you aren't selected, the process of applying can be a valuable exercise in articulating your achievements and goals, so definitely give it a try!
Testimonials from Past Student Leader Alumni
In this section of the blog, we'll uncover the inspiring testimonials of a dynamic group of Bank of America student leaders based in Portland, Oregon. These motivated individuals have teamed up with the nonprofit Boys and Girls Clubs, channeling their efforts into meaningful projects that align seamlessly with their chosen career paths.
“While working at the Program Office, I was able to observe how the employees work individually, as well as collaborating with each other to better the organization. Their motivation and passion for what they do has really taught me to figure out what I am passionate about in life. I am starting college this fall, which I am excited and nervous about at the same time. Having this internship has motivated me to try new things when I begin college. I am really excited to join clubs, volunteer, and most of all apply to internships that might lead me to figuring out my passion.”
— Hawi Hussen
“ Being a Bank of America intern at the Boys & Girls Club has been an incredible experience as we all have developed many new skills, built new relationships, and created memories that we will take with us. Personally, the most terrifying and useful experience I have gained experience in is the cold calling businesses. As a Business & Public Policy major, this will be extremely valuable for my future although I was shaking and laughing for a couple of minutes before each call.”
— Ana Parvankin
These young interns worked in various areas such as development, educational programs, marketing, and programming data. Within these departments, they undertook a range of projects, from researching academic success trends over time to revamping websites, crafting informative bulletin boards, inputting data into databases, and more.
If you are interested in learning more about Ana, Hawi, and other Student leaders and their experience as Bank of America interns in nonprofits, check out this link!
Conclusion on Bank of America Student Leaders
In conclusion, the Bank of America Student Leaders program stands as a transformative opportunity for young individuals seeking to make a positive impact on their communities.
By joining this program, participants not only gain valuable insights into the workings of nonprofits but also develop essential leadership skills and form meaningful connections with like-minded peers. Joining promises a unique blend of learning, service, and networking that can shape not only your academic and professional journey but also your broader commitment to social responsibility and community involvement. The hands-on experiences, exposure to diverse perspectives, and engagement with community service projects make it an unparalleled journey of personal and professional growth.
If you aspire to contribute meaningfully, build lasting relationships, and hone your leadership potential, the Bank of America Student Leaders program is an excellent program to embark on this enriching adventure.
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