The Village Bank’s Auburndale community charitable foundation will award $44,000 in college scholarships to Newton and Wayland students who are graduating from high school this year and planning to attend college in the fall.

The foundation will award 12 one-time $2,000 scholarships and two $10,000 scholarships that will be allocated upon successful completion of the first semester of each of the student’s four academic years.

To be eligible for one of the two $10,000 scholarships, a student must have demonstrated active involvement in local community and/or charitable causes. The student or an immediate family member must also have been a customer of The Village Bank since at least Jan. 1, 2009, according to a statement.

"The Village Bank has always had a strong commitment to the community," said Kenneth C. Brennan, president and CEO of The Village Bank. "The special $10,000 scholarships give us the opportunity to recognize local students who share that commitment."