Bank of America Student Leaders

Overview and Key Takeaways

Program Overview

Bank of America Student Leaders connects 300 high school juniors and seniors annually to paid nonprofit internships earning $15-24/hour for 8 weeks, culminating in an all-expenses-paid leadership summit in Washington, D.C., with only 4-8% of applicants accepted nationally.

National Prestige & Corporate Partnership

  • Flagship philanthropic program of Bank of America since 2004 with $42 million invested Over 4,500 students placed across 500+ nonprofit partners nationwide over 20 years
  • Alumni include CEOs, nonprofit leaders, medical professionals, and the first Gen Z Member of Congress

Extremely Competitive Selection

  • Acceptance rate between 4-8% with 300 selected from 7,000+ applicants annually
  • Operates in nearly 100 communities across 40 states (excludes AL, AK, HI, MS, MT, ND, SD, VT, WV, WY)
  • Each local market selects only 2-5 Student Leaders maintaining exclusivity
  • Featured in national media as premier high school leadership opportunity

Comprehensive Professional Experience

  • 35 hours/week at established nonprofits: Boys & Girls Clubs, Habitat for Humanity, United Way, YMCA
  • Direct compensation: $15-24/hour (varies by location) totaling $4,200-6,720 for the summer
  • Week-long Student Leaders Summit in Washington, D.C. with all expenses covered
  • Better Money Habits financial literacy training from Bank of America

Program Impact & Outcomes 

  • 93% of alumni report program influenced their college and career trajectory
  • Direct pipeline to Bank of America internships and career opportunities
  • Personalized mentorship from nonprofit executives and Bank of America professionals
  • Formal recognition and certificate from Bank of America

Administrative Details (The Below May Change)

  • Age: Current high school juniors and seniors
  • Duration: 8 weeks (including DC Summit week)
  • Locations: 40 states with specific eligible cities/counties
  • Compensation: $15-24/hour for 280 hours total
  • Summit: July 21-26, 2025 in Washington, D.C. (mandatory attendance)
  • Application Deadline: January 15, 2025 (no exceptions)

Zenith Experience (Ratings)

Overall: 4.1/5 – Elite corporate-sponsored opportunity with substantial earnings but severe geographic limitations

  • College Application Value: 5/5
    • Nationally recognized program with 4-8% acceptance rate carries exceptional weight
  • Program Prestige & Recognition: 5/5
    • Bank of America brand and extreme selectivity ensure maximum impact
  • Mentorship & Network Quality: 5/5
    • Direct mentorship from nonprofit executives and Bank of America professionals
  • Accessibility: 2/5
    • Paid opportunity but completely excludes 10 states and limited to specific cities in eligible states
  • Administrative Experience: 5/5
    • Professional corporate program management with clear communication
  • Program Flexibility: 2/5
    • Single summer session with fixed dates, must commit to all 8 weeks including Summit
  • Value for Investment: 5/5
    • Students earn $4,200-6,720 plus free DC Summit experience

Which Families Is This Program For?

This program represents the gold standard for high school leadership opportunities, combining meaningful community service with substantial financial compensation. Unlike typical volunteer work or unpaid internships, Student Leaders gain professional experience while earning competitive wages—often their first paycheck—teaching valuable lessons about financial responsibility alongside civic engagement.

The program’s extreme selectivity (4-8% acceptance rate) rivals top university admissions, making selection itself a significant achievement. The all-expenses-paid Washington Summit provides networking opportunities with 300 exceptional peers nationwide, creating connections that extend through college and careers. Many alumni credit these relationships as equally valuable as the work experience itself.

  • Recommended for: Community-focused students with demonstrated leadership who need paid summer employment. Perfect for those in eligible locations seeking the most prestigious corporate-sponsored youth program available. Ideal for students interested in nonprofit careers, public policy, or corporate social responsibility. Essential for those needing to demonstrate work experience and earn money while building college applications.
  • Not recommended for: Students outside the 40 eligible states or specific approved cities/counties within those states. Those unable to commit to the full 8 weeks including mandatory DC Summit attendance. Students seeking technical/STEM experience rather than nonprofit/community service work. International students or those without work authorization in the United States.

Pros & Cons

Alternatives to Consider

When evaluating paid leadership opportunities for high school students, consider these alternatives:

Congressional Award Program

  • Advantages: National recognition from U.S. Congress, flexible timeline, self-directed goals, available nationwide
  • Limitation: Unpaid volunteer work, less structured mentorship, lower prestige than corporate programs

Local Corporate Internships

  • Advantages: May offer higher hourly wages, potential for full-time conversion, industry-specific experience
  • Limitation: Lack national recognition, no peer cohort experience, limited to local opportunities

Governor’s School Programs

  • Advantages: State-level recognition, academic focus, often free or low-cost, strong peer group
  • Limitation: Unpaid, shorter duration, state-specific availability, more academic than professional

Youth Leadership Councils (United Way, YMCA)

  • Advantages: Year-round engagement, local community focus, leadership development, networking
  • Limitation: Typically unpaid volunteer positions, less prestigious, limited structure

Hear what other parents just like you think of us. Here are just a few of the thousands of parents we’ve worked with all across the United States and internationally!

Alex

Alex has been so happy with his relationship with Zenith that he’s looking forward to signing up his younger kids when they’re old enough.

Alex’s daughter was in the 7th grade when she began her college prep guidance with Zenith Prep Academy. Although Alex attended a Top 30 university in the US himself, he realized how challenging the admissions process had become, and was unsure of what classes, activities, and competitions would help his daughter best explore her passions and find her area of interest. He was looking for a highly customized strategy for his daughter to build the right extracurricular profile so she’d be able to stand out from the tens of thousands of other students with similar academics. Alex has been so happy with his relationship with Zenith that he’s looking forward to signing up his younger kids when they’re old enough.

Lana

Lana’s son joined our program in the 7th grade.

Lana had quickly realized her son’s school wasn’t challenging or engaging enough for him. He was a very bright, driven, and articulate student who had specific fields that he was interested in. He and Lana wanted to know how he could further his interests in these fields through more advanced classes and different competitions, projects, activities,
and more.

Robert

Robert’s son joined our program during his 10th grade.

Although Robert attended high school and college in the US, given that his son went to a hyper–competitive high school (ranked top 100 in the United States), he wanted a highly customized strategy and plan for their son to further his academic interests and build the right extracurricular profile to stand out from his peers in their high school and in the college applications.

Rajesh

Rajesh’s son joined our college consulting program in 8th grade.

Given that his son was doing well academically, Rajesh wanted guidance on resources, programs, and classes that could provide his son with exposure to different fields and majors – in turn helping him identify his interests and turn his passions into activities, helping him attract the attention of his choice universities.

Manisha

Manisha’s daughter gained acceptance into her dream university.

Manisha’s daughter was an 11th grader when they started working with our college counseling team. A first–generation parent, she turned to Zenith to guide her daughter toward how to best use the one year they had left before college applications, highlighting her daughter’s strengths and interests to ultimately help her shine on college applications. With Zenith’s help, Manisha’s daughter gained acceptance into her dream university.

Victoria

Victoria’s daughter joined our college counseling program in the 9th grade.

Victoria's daughter was a 9th grader who, apart from her involvement in sports, hadn't engaged in any academic or extracurricular activities. Although Victoria went to a top 15 university herself, she realized how much college admissions had changed over the years and turned to us for guidance and our expertise in helping her daughter discover her true passions, nurture her interests, and develop a competitive profile for the top universities she was looking to attend.