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Bay Colony Dollars for Scholars Making Education Possible We HelpBay Colony Students Succeed Through Scholarships The Bay Colony Dollars for Scholars was established in 2007 to provide financial assistance for education to the employees spouses children and grandchildren of the following Bay Colony Community Association and the Condominium Associations located within Bay Colony in Naples Florida. This is an education program that changes lives. It includes and encourages all educational opportunities. It can be used for an accredited College Trade School evening or other classes to advance careers and for English Language lessons.