Scholarship & Awards

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Academic Scholarship and Awards

The College of Business offers many scholarships and awards each year to deserving students admitted to a business major. Various individuals, business firms, community organizations, corporate associations, and commemorative endowed funds provide awards.  A total of approximately $110,000 (Accounting scholarships of $46,650 are included in this total)was awarded to College of Business students during the 2008--2009 academic year.  

Scholarship Awards

Academic Year Total
2002-03 $81,900
2003-04 $78,250
2004-05 $95,656
2005-06 $106,650
2006-07 $123,900
2007-08 $130,650
2008-09 $109,800

 

ABDO, EICK & MEYERS ENTREPRENEURSHIP SCHOLARSHIP:

Awarded to three College of Business students who have presented outstanding business plans at the student competition during the Entrepreneurship Expo. Students will compete for prize money to be used as seed money to help launch a small business.

ACCOUNTING SCHOLARSHIPS:

Awarded annually to Accounting majors for their junior or senior year. Awards are based on academic achievement, and they range from $500 to $4,000. Typically thirty selections are made from applicants in the spring of the year. Apply online by pressing the Accounting Scholarship button.

AL ANNEXSTAD LEADERSHIP SCHOLARSHIP:

Awarded to a full-time student that has been admitted to the College of Business . The student will be of junior or senior status, must show above average academic achievement, and demonstrate leadership activities. The recipient will be invited to attend three Federated Insurance sponsored events. In addition the student will be invited to remain in contact with an executive from Federated Insurance by way of e-mail correspondence.

BETA GAMMA SIGMA SCHOLARSHIP:

Current students in the College of Business who have been elected into Beta Gamma Sigma are eligible to apply for the Beta Gamma Sigma Scholarship.  Election to Beta Gamma Sigma in the College of Business is based on cumulative GPA as follows: top 7% of juniors who have been admitted to the College of Business, the top 10% of graduating seniors, and the top 20% of graduating MBA students.   

B.H. & BETTY CHESLEY BUSINESS SCHOLARSHIP:

Awarded to students majoring in the Business field. Awards are based on academic achievement and participation in extra-curricular activities. Consideration will be given to financial need.

BROWN & BROWN INSURANCE:

Awarded annual to a student majoring in Finance. Preference is given to students interested in a career in the insurance industry.

CECIL BIGELOW SCHOLARSHIP:

Awarded annually to students majoring in the Business field.

CHS FOUNDATION:

Awarded to a student majoring in the Business field. The award is based on academic achievement and participation in extra-curricular activities. Consideration will be given for several factors including: leadership, commitment, experience or interest in agriculture or te agri-business industry, university support and financial need.

CITY OF NORTH MANKATO:

Awarded to a student majoring in the Business field that has a permanent residence in North Mankato.

CURT AND DEBBIE FISHER REAL ESTATE SCHOLARSHIP:

Awarded to a junior or senior major who has been admitted to the College of Business. The successful candidate will have a proven record of strong leadership skills and a GPA of at least 3.0.

CURT AND DEBBIE FISHER FINANCE SCHOLARSHIP:

Awarded to a junior or senior major who has been admitted to the College of Business. The successful candidate will have a proven record of strong leadership skills and a GPA of at least 3.0.

CY DENN FINANCIAL PLANNING SCHOLARSHIP

The Cy Denn Financial Planning Scholarship is designed to advance a student through the MSU Certified Financial Planning (CFP) program as well as encourage a student to complete two to four courses through The American College. The American College awards the Chartered Financial Consultant (ChFC) and/or the Chartered Life Underwriter (CLU) designations.

  • A student will be awarded $1,000 the first semester if: the student is enrolled in a fourth or fifth course in the MSU CFP track.
  • The same student will be awarded $1,000 the next semester if: the student is enrolled in a fifth or sixth course in the MSU CFP track.
  • The same student will be awarded a $1,000 reimbursement after passing the CFP exam within 1 year of graduation.
  • The student must state career intentions in the College of Business (COB) scholarship application essay.
  • A student enrolled in a third course of the CFP program may also be considered.

The same student will work with his/her Finance Department advisor to stay on track to potentially be awarded certification of various industry designations and licensures. For example, through The American College, two additional distance/on-line courses are needed to obtain either the ChFC or CLU designations (a student that takes a total of 4 additional courses can obtain both the designations).

DEAN BOWYER ENDOWMENT:

Awarded to a College of Business major that is on the baseball team.

DUANE McCRACKEN SCHOLARSHIP:

The recipient must be majoring in the business field and have attended the University for at least one year. Established by friends and former students of Dr. McCracken. Awarded on the basis of scholarship, ability, character, ands promise of achievement.

ELMER T. AND NINA C. ANDERSON SCHOLARSHIP ENDOWMENT:

Awarded to six students admitted to the College of Business. Awards are based on academic achievement. Consideration will be given to financial need.

FEDERATED INSURANCE SCHOLARSHIP:

Awarded to a full-time student that has been admitted to the College of Business . The student will be of junior or senior status, show above average academic achievement, and demonstrate leadership activities. The student will be invited to remain in contact with an executive from Federated Insurance by way of e-mail correspondence.

FINANCE FACULTY SCHOLARSHIP:

Awarded to a Finance major who shows scholarship, leadership, and personal integrity, is of junior or senior standing. Preference will be given to Finance Club members as well as financial need.

GABER ABOU ELENEIN SCHOLARSHIP:

Dr. Abou Elenein taught at MSU for many years and was Dean of the College of Business from 1990 - 1997.  Awarded to a student majoring in business on the basis of academic achievement, demonstrated leadership, and involvement in extra-curricular activities.

GERALD L. & EVON A. OLSON FAMILY ENDOWMENT:

Awarded to a first-year student committed to majoring in the College of Business who shows above average academic achievement and demonstrates leadership ability. This scholarship is a four-year renewable scholarship. If more than one candidate qualifies, financial need shall be the criteria for selection.

HAZEL FLOOD SCHOLARSHIP:

Dr. Hazel A. Flood arrived on campus in the fall of 1947 to establish a new program to enable graduates to obtain licensure to teach business education in high schools and provide for pre-business training for students who wished to go onto business occupations. Her curriculum and goals set the foundation out of which the College of Business grew. Dr. Flood retired in 1969.  A junior, senior or Master of Arts in Teaching student majoring in a business education licensure avenue will have first consideration as a recipient of this business education licensure scholarship. If no business education, licensure students apply, scholarship may be awarded to a student in the College of Business.

HENRY AND MARILYN OKLESHEN FINANCE/HOCKEY SCHOLARSHIP:

The scholarship will be awarded to a male player on the Division I, Minnesota State Mankato hockey team. The student must be a Finance major in the College of Business. The award will be made available for either summer school session.

JEAN GOODENOW SCHOLARSHIP:

Miss Jean Goodenow arrived on campus in 1950 and taught business education until her death in September of 1968. Miss Goodenow taught many of the classes necessary for the business education teaching licensure. She also advised students who were taking classes for employment in the business world rather than for the BS in teaching licensure.  A junior, senior, or Master of Arts in Teaching student majoring in a business education licensure avenue will have first consideration as a recipient of this business education licensure scholarship. If no business education licensure students apply, scholarship may be awarded to a student in the College of Business.

JOHN BUCK COLLEGE OF BUSINESS PHI KAPPA PSI SCHOLARSHIP:

Awarded to a full-time MSU student who has been admitted to the College of Business, is an active member of Phi Kappa Psi fraternity, and has a minimum cumulative 2.5 GPA. The applicant must submit a written essay of 500 words or more reflecting how the applicant has benefited Phi Kappa Psi.

JUNIOR ACHIEVEMENT SCHOLARSHIP:

Awarded to a student planning to attend Minnesota State University and major in Business. The recipient is selected through participation in the JA Business Challenge.

KIM SAM NEI CFP SCHOLARSHIP:

Awarded to a senior student pursuing the Financial Planning track with the professional goal to become a Certified Financial Planner. A GPA of 3.0 or higher is required and preference will be given to financial need.

KLA MARKETING SCHOLARSHIP:

Awarded to a junior or senior student athlete who has been admitted to the College of Business and is majoring in Marketing. Awarded on the basis of written communication skills, participation in extra-curricular activities, and academic achievement.

MANAGEMENT FACULTY STUDENT SCHOLARSHIP:

Awarded to a student majoring in Management who has demonstrated academic achievement.

MARKETING FACULTY SCHOLARSHIP:

Awarded to a junior or senior majoring in Marketing. Awarded on the basis of written communication skills, participation in extra-curricular activities, and academic achievement.

MARY ELLA JEROME FAMILY FOUNDATION:

Awarded to a sophomore or junior majoring in Business. The award is based on demonstrated scholastic achievement (minimum 3.2 GPA) and above average potential for success in his/her chosen field of work. Recipient shall possess leadership qualities and sense of community. This scholarship is renewable (two years total) as long as the student maintains his/her eligibility.

METTLER MEMORIAL SCHOLARSHIP:

Awarded to a sophomore who is majoring in Marketing. Awarded on the basis of written communication skills, participation in extra-curricular activities, and academic achievement.

KIWANIS BUSINESS SCHOLARSHIP:

Awarded to a junior or senior student majoring within the College of Business in Accounting or Business -- based on demonstrated scholastic achievement and above average potential for success in their chosen field of work. Recipient shall be of good character and have a record of good citizenship and community service; the recipient shall possess leadership qualities and be well accepted by peers and staff. Further, the recipient shall have financial need as demonstrated by the current institutional guidelines.

MORGAN I. AND MARJORIE J. THOMAS COB STUDENT ATHLETE ENDOWED SCHOLARSHIP:

Awarded to a student-athlete in good academic standing that is majoring in the College of Business.

NORBERT J. HARRINGTON, SR. ENDOWED SCHOLARSHIP:

Awarded to a student enrolled in the College of Business who has achieved the highest academic standing.

NORTH MANKATO CIVIC AND COMMERCE ASSOCIATION:

Awarded to one female student and one male student, both from North Mankato, who are in good academic standing.

OGDEN P. CONFER BUSINESS ENDOWMENT:

Given annually to a student majoring in the business field.

PAULSEN ARCHITECTS BUSINESS SCHOLARSHIP:

Awarded to a student who has decleared a major in Marketing or Management.

  1. Preference will be given to those students having a minimum cumulative GPA of 3.0 on a 4.0 scale.
  2. Student must have demonstrated leadership experience and community service as evidenced by their essay response on the associated application.
  3. The scholarship will be awarded in the spring for the following fall semester.
  4. Each scholarship amount will be equal to $1,000 per year, payable in two equal payments ($500 per semester).
  5. Preference will be given to the opposite major every other year (Management or Marketing).

RICHARD AND JEAN THOMAS DEAN’S SCHOLARSHIP:

Awarded for two years with full tution to a student who meets the following stipulations:

  1. This scholarship is open to entering and current students that are majoring in Finance in the College of Business.
  2. Each applicant must submit an essay addressing how they believe access to higher education will influence their life. In addition an unofficial transcript must accompany the application.
  3. Consideration will be given for both financial need and academic achievement.
  4. The student must be a junior in status and committed to attending MSU for their final two years. The scholarship will be renewed the second year providing the recipient meets the stipulations listed herein.
  5. At the donors' and Dean's approval, special arrangements may be made for the student to substitute summer classes taken the summer immediately prior their senior year for the student's final spring semester.
  6. The scholarship award is for banded tuition only and does not include institutional fees or housing. The award will be for the amount of banded tuition established prior to the beginning of each fall semester.
  7. The award may be terminated by the donors at the end of any two-year commitment.

RICHARD AND LEONE MYERS FINANCE SCHOLARSHIP:

Awarded to a student who is majoring in business, finance, or banking, has been admitted to the College of Business, has completed at least 30 semester hours, and who must maintain employment while attending College. A GPA of 3.0 is desirable, but letters of recommendation concerned with leadership, career potential, and work ethic will also be considered.

RICHARD R. & MARY SCHMITZ ENDOWMENT:

Awarded to a student majoring in Marketing who has an interest in food retailing as a career. The recipient must be a current student who is admitted to the College of Business at Minnesota State University, Mankato.

RICHARD L. WAGNER SCHOLARSHIP:

Awarded to a student that previously attended: Burlington High School, WACO High School (Wayland), Harmony High School (Farmington), or Southeastern Community College, all of which are located in the state of Iowa; OR students who participated in the Dick Wagner sponsored athletic activity at Croton, IA. The students must be an Iowa resident, good citizen, preferably honor roll student, and preferably interested in the field of Business, Education, Physical Education or Athletic Training. If the student is not enrolled in the College of Business, the College of Business will consult with the other college in which the student is enrolled before making the award. The recipient will be selected by the College of Business. The scholarship will be awarded to two students per year for their freshman and sophomore years. In the event that the student is no longer enrolled in MSU while receiving the scholarship, the student must reimburse the foundation.

RON AND JEANETTE DOGGETT ENTREPRENEURIAL ENDOWMENT:

Awarded to a senior business major with a minimum GPA of 3.3, who has the potential for high achievement and entrepreneurial aspirations. The student should also have a proven track record in a business-related activity as well as an interest in international business.

ROTC SCHOLARSHIP:

The ROTC Program (Reserve Officers Training Corps) at Minnesota State University offers a variety of scholarship support. Please see the ROTC scholarship website for additional information. Students should contact the ROTC office directly for information about this opportunity.

STEVE AND KATHIE WILCOX FINANCE SCHOLARSHIP:

Awarded to a junior or senior majoring in Finance who has been admitted to the College of Business. The successful candidate will have a proven record of strong leadership skills and a GPA of at least 3.0.

STSC MEMORIAL MARKETING SCHOLARSHIP:

Awarded to a junior or senior student majoring in Marketing. Awarded on the basis of written communication skills, participation in extra-curricular activities, and academic achievement.

WELLS FARGO CULTURAL DIVERSITY SCHOLARSHIP:

Awarded to an undergraduate student of an under-represented minority group (this includes Hispanic American, American Indian, African American and Asian American) majoring in the College of Business.

Applicant must be a citizen of the United States and have demonstrated scholastic achievement in high school or have a minimum 2.5 GPA at MSU. Consideration will be given to financial need.

WINLAND ELECTRONICS INC. SCHOLARSHIP:

Awarded to a full-time undergraduate student majoring in Marketing. Award is based on academic achievement (minimum 2.5 GPA). Consideration will be given to financial need.