Welcome, Mercantile Bank of Michigan
We are committed to removing barriers so you can continue your education.
Your unique Education Partnership saves you time and money as you work to complete an associate, bachelor's or master's degree, or pursue professional training to enhance your skills and/or gain industry-recognized certifications.
Are you ready? Apply now
Mercantile Bank employee benefits
- $7,000 prorated per participant applicable up to 22 credits per year*
- 20% tuition discount for spouses and dependents up to age 29
- 20% discount on professional development workshops, certificate program and other non-credit training opportunities
- No application fee
Mercantile Bank customer benefits
- 20% discount on tuition rates for most undergraduate and graduate degree programs*
- No application fee
What is the Mercantile Bank of Michigan Education Partnership?
The Mercantile Bank of Michigan Education Partnership is a partnership with Davenport University.
- Mercantile Bank of Michigan employees: The scholarship is up to $7,000 toward tuition for most undergraduate and graduate degree programs.
- The Scholarship is renewable and applies toward 22 credit hours per year, for 4 years.
- 20% tuition discount for spouses and children up to age 29.
- 20% discount for Professional Development courses offered at Davenport University Campus.
How does the funding amount break down per credit hour?
Scholarship for Mercantile Bank employees
|# of Credits||Scholarship Amount|
How do I apply?
Go to davenport.edu/mercantilebank to complete an online application to Davenport University. If you are eligible for the scholarship, you will receive notification from the Mercantile Bank of Michigan and Davenport University. Once you receive confirmation and are accepted to Davenport, return to davenport.edu/mercantilebank to apply for the Education Partnership and continue the admissions and enrollment process.
Can I be enrolled in any degree program and receive the Education Partnership?
Some degree programs are excluded from eligibility. The Occupational Therapy degree program is generally excluded from participating in this scholarship program.
I am an existing Davenport student. Can I receive the Education Partnership?
Scholarships apply to new students at Davenport University. Tuition scholarships are for new students who have not taken for credit courses within the prior 24 months.
I am eligible for multiple Davenport Scholarship Programs. Can I receive multiple Davenport institution aid programs?
Students receiving the Education Partnership will not receive other Davenport aid, including other Davenport Scholarships, grants, athletic aid, tuition discounts, and foundation awards.
Do I have to complete a FAFSA or complete any Financial Aid requirements related to my FAFSA?
A FAFSA and its associated requirements are not required. However, any SAP requirements or requirements related to proving eligibility for the scholarship would be required. Completing a FAFSA may make you eligible for other Federal or State aid, so you should consider completing one at https://studentaid.gov/h/apply-for-aid/fafsa.
What is “proof of employment”?
Proof of employment can be the most recent pay stub, an employee ID badge (verifying employment or expiration date), letter from your supervisor, or a letter from your employer’s human resources department.
I have other questions. How can I get more information?
Contact Davenport University Admissions at 800.686.1600 for more information.
Whichever path you choose, you will enjoy small class sizes, interactive learning, and personal attention. If you have any questions as you review your options, please contact us at 800.686.1600.
*Degree programs not eligible for the discount include Occupational Therapy. Tuition discounts are for new students who have not taken for credit courses within the prior 24 months. Your discount will show up on your Financial Aid award(s) under the name “DU Tuition Grant".