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College of Business Scholarships

Dr. Bertee (Bert T.) and Retta Faye (Jett) Adkins Endowed Scholarship
Recipients must be permanent residents of Kentucky, enrolled full-time in a business program in EKU's College of Business, maintain a culumulative GPA of 2.6 or greater and demonstrate financial need. 


Bryan Station High School Non-Endowed Scholarship
This scholarship awards $2,000 per academic year with a preference to students who are business majors in the College of Business and are graduates of Bryan Station High School in Lexington, Ky. Students wishing to apply for this scholarship should complete the EKU Scholarship Application at http://scholarships.eku.edu/foundation.


Cecil A. Washburn Scholarship
The Cecil A. Washburn scholarship is awarded to either an incoming first-year student or a returning student in the College of Business. Applicants must be enrolled full-time. The recipient must maintain a 2.8 GPA or higher. The student should possess the characteristics valued by Cecil A. Washburn: good character, leadership, citizenship, social responsibility, and a desire to complete a college education. The scholarship shall be awarded to the candidate exhibiting the greatest financial need. Students wishing to apply for this scholarship should complete the EKU Foundation Scholarship Application along with two signed letters of recommendation by April 1st. Students wishing to apply for this scholarship should complete the EKU Scholarship Application at http://scholarships.eku.edu/foundation.


Connie Lawson Endowed Business Scholarship
The Connie Lawson Endowed Business Scholarship is awarded to a junior business student meeting the following requirements: at least a 2.5 GPA, and an initial geographic preference of eastern Kentucky, including the Ashland area. The scholarship is renewable for up to two years provided the recipient maintains at least a 2.5 GPA. Students wishing to apply for this scholarship should complete the EKU Scholarship Application at http://scholarships.eku.edu/foundation.


Bluegrass Compensation Association - Allen D. Engle Human Resources Scholarship  (Non-departmental, professional scholarship)
One $500 scholarship will be awarded in December to a chosen student.  Apply online at www.bluegrasscomp.com. To be eligible, the applicant:

  • Must have at least sophomore standing with a declared major or be a graduate student.

  • Must be majoring in human resources management, personnel administration/development or a related major or currently employed in human resources.

  • Must have at least a 3.0 GPA on a 4.0 scale.

  • Must provide two letters of recommendation from instructors in your core curriculum.

The Bluegrass Compensation Association is an organization of human resources professionals committed to the advancement of knowledge in the areas of compensation, benefits and other rewards. We encourage students to pursue a career in the human resources profession by awarding a scholarship for study in the field. 


Sam Bourne Endowed Scholarship

To apply, please visit https://scholarships.eku.edu/foundation

Mr. Samuel Bourne, a lifelong resident of Garrard County, created this scholarship because of his commitment to creating opportunities for students, his belief in the value of education, and desire to give back to others from his community.  Therefore, this fund will provide financial assistance for recipients meeting the following criteria: 

  • Be enrolled (or admitted and plan to enroll the following semester) as a full-time Junior, Senior, or graduate level student at Eastern Kentucky University;
  • Be enrolled as a full-time student at the University in good academic standing, both at time of awarding and during the term of award;
  • Declared major within the College of Business or its future equivalent;
  • Be a resident of Garrard County or a graduate of Garrard County High School or its future equivalent.

Additional awarding preferences (not mandates) include:

  • Demonstration of past community service.
  • Demonstration of financial need.

Students wishing to apply for this scholarship should complete the EKU Scholarship Application at http://scholarships.eku.edu/foundation.


Major-specific scholarship opportunities

Accounting

Baldwin CPAs Scholarship
First priority will be given to second-year students who are majoring in accounting. The scholarship is renewable for up to four years as long as the student maintains full-time enrollment and continues to major in accounting. Recipient must be in good standing, maintaining a minimum 3.0 GPA. 

Nina B. Duvall Endowed Scholarship
The Nina B. Duvall Endowed Scholarship is awarded to College of Business students working towards a degree in accounting. Eligible recipients must place within the top 10 percent of their high school graduating class, have a demonstrated financial need, and must be a resident of the state of Kentucky and reside in a county within the area situated east of Interstate Route 75. The area also includes those counties bisected by I-75. The scholarship is renewable and will be available for up to ten semesters of full-time enrollment. The recipient must apply each year meeting the following criteria: a GPA of at least 3.2. Should the recipient's GPA fall below 3.2 in any semester, they may not reapply until a GPA average of 3.2 is again achieved. The endowment will award two $1,000 scholarships.

Dr. Jessica Johnson Frazier Endowed Scholarship
The Dr. Jessica Johnson Frazier Endowed Scholarship offers preference to an incoming first-year female student majoring in Accounting from an eastern Kentucky county. The student must have an ACT composite of 22 or above and must exhibit involvement in high school activities and/or community service in a leadership capacity. Transfer students may be considered. 

Bet and David Koeninger Endowed Scholarship
This scholarship is awarded to students who have graduated from a Kentucky high school and have declared accounting as their major (including incoming first-year students). The scholarship may be renewable for up to eight semesters as long as the recipient maintains a 3.0 GPA. 

Gayle Mason Scholarship
The Gayle Mason Scholarship offers preference to a female students majoring in accounting who have demonstrated outstanding achievement in academics and leadership. Two scholarships will be awarded each year in the amount of $2,500 each.

McIlvaine Memorial Endowed Scholarship
The McIlvaine Memorial Endowed Scholarship is preferably awarded to an accounting major who is a new first-year college student. 

Max Reed Scholarship
The Max Reed Scholarship is awarded to an accounting major based on academic excellence and leadership abilities. Preference will be given to students of junior standing. 

R.R. Richards Scholarship
The R.R. Richards Scholarship is awarded to an accounting major who has demonstrated outstanding academic achievement.

KYCPA Educational Foundation Scholarships (Non-departmental, professional scholarship)
Applicants must: Be enrolled in a Kentucky college or university and be at least a sophomore at the time of application; have an overall grade point average of at least 2.75 and an accounting grade point average of 3.0; have completed Principles of Accounting. The scholarships recognize scholastic achievement and leadership qualities in students who plan to become CPAs. Scholarship amounts range from $1,000 to $2,500. Students interested in applying should visit the KYCPA website at https://www.kycpa.org/edfoundation/scholarship.

Financial Executives International (Non-departmental, professional scholarship)
The Financial Executives International is awarded to a student possessing superior academic achievement and leadership in accounting.

Dr. Jeff and Dr. Jeanie Gail Bowman Endowed Business Scholarship 
Preference shall be given to students who have attained sophomore or higher class status, with a cumulative GPA of 2.5 or higher. With a selected major in Accounting (Public or Managerial), or Marketing, or Communication Studies, or an Education/Teaching emphasis in Business. The recipient must be a resident or high school graduate of eastern Tennessee or eastern Kentucky counties.


Economics

Kyle J. Thacker Memorial Non-Endowed Scholarship
The scholarship will be awarded to students who are currently enrolled as full-time undergraduate students with junior or senior level classification, pursuing a major in economics. Applicants must be a U.S. citizen in good academic standing and possess a cumulative GPA of 2.5 or higher, both overall and in EKU economics courses. 

Dr. John A. Wade Endowed Economics Scholarship
The scholarship will be awarded to students who are currently enrolled as full-time undergraduate students in good academic standing at EKU, majoring in economics (after all current majors have graduated, the scholarship will be awarded to high-achieving students in the courses of ECO 230 and/or ECO 231 as recommended by economics faculty) with a minimum overall GPA of 2.5.  


Finance

Community Trust Bank Scholarship
This annual scholarship is awarded to an academically superior junior or senior student majoring in finance.

Financial Executives International (Non-departmental, professional scholarship)
The Financial Executives International is awarded to a student possessing superior academic achievement and leadership in finance.

Matthew A. Evans Scholarship
This scholarship is awarded each year to a Finance major, preference will be given to students who have expressed or demonstrated an interest in pursuing a career in banking; if no such candidates are available, all Finance majors may be considered for this scholarship. 

RMA Scholarship
The Risk Management Association (RMA) Foundation Scholarship program is for students in an undergraduate program who are interested in working in the banking industry after graduation. Visit www.rmahq.org/scholarship to learn more.


Risk Management & Insurance

Blue Grass Association of Insurance Women Endowed Scholarship: 

This scholarship was created by an endowed gift from the Blue Grass Association of Insurance Women. 

Criteria for the Scholarship:

  • Must be enrolled as a full-time undergraduate student with sophomore, junior, or senior level classification and be pursuing a major or minor within the Risk Management & Insurance Studies Program.  Be in good academic standing and possess a cumulative grade point average of 2.75 or higher.

Women Leaders in Insurance & Financial Services Scholarship:

The purpose of this scholarship is to support students who reflect the ideals of the Women Leaders in Insurance and Financial Services. 

Criteria for the Scholarship:

  • First preference is to be given to women who are majoring or minoring in Risk Management and Insurance and who are underrepresented in the College of Business.  In all instances, the scholarship shall be awarded in accordance with diversity and/or affirmative action guidelines. Be enrolled as a full-time undergraduate student with sophomore, junior, or senior level classification with a GPA of 2.75 or higher.

George W. Clark Scholarship Fund:

This scholarship was established by Mike and Bea Witt, to honor the memory of George William Clark and to promote the education of deserving students majoring in insurance studies.

Criteria for the Scholarship:

  • Must be a student enrolled full-time at EKU as an insurance studies major.  Demonstrate good potential for the completion of a college degree.  Children of employees of the Cincinnati Financial Corporation will be given first preference in the selection process.

Jack C. Keir Inc. Endowment Fund:

This scholarship was established by Jack C. Keir, Inc. to honor Dr. Jack C. Keir and to promote the education of deserving students enrolled full time and majoring in Insurance studies at EKU. 

Criteria for the Scholarship:

  • Students must be a junior or senior full-time student majoring in Insurance Studies.  They must have at least a 2.5 GPA, show evidence of financial need, and show interest in the insurance industry through summer employment or participation in Insurance Studies projects.

KACo-EKU Insurance Studies Endowment Trust:

This scholarship was created with a gift from the Kentucky Association of Counties.  The endowment provides scholarships for students with a genuine interest in the Risk and Insurance professions.

Criteria for the Scholarship:

  • Demonstrate financial need and genuine interest in the Risk and Insurance professions.  Be ranked as a senior or junior, be a Kentucky resident and have a 3.0 GPA or higher.

Kentucky Farm Bureau Insurance Company Scholarship:

This scholarship was established by Kentucky Farm Bureau Insurance Company to promote insurance education for Kentucky residents and to help prepare young people to be better qualified to perform insurance duties and responsibilities in the Commonwealth of Kentucky.

Criteria for the Scholarship:

  • Graduate from a Kentucky high school that has been admitted to Eastern Kentucky University to major in Insurance.  Progressing toward degree in Insurance and maintain an overall grade point average of B or better. 

Northern Kentucky Insurance Agents Scholarship Endowment:

This scholarship was created by a gift from the Northern Kentucky Insurance Agents for students majoring in Insurance or Loss Prevention areas. 

Criteria for the Scholarship:

  • The recipient must be a resident of northern Kentucky and be in good academic standing.  Must be majoring in Insurance or a Loss Prevention related area.

Dr. Pete Kensicki Scholarship Fund:

The Dr. Pete Kensicki Scholarship fund was created to honor Dr. Kensicki, a longtime director of the school of Risk Management and Insurance.  The spendable funds will provide financial assistance for students majoring in the Insurance and Risk Management Program within the College of Business & Technology. 

Criteria for the Scholarship:

  • Student must be seeking a BBA in Insurance & Risk Management, be in academic good standing, and hold a 3.0 or higher during their academic career.

The Tom Nuckles Endowed Insurance Scholarship:

This scholarship was established by Robert B. Morgan, President of The Cincinnati Insurance Company in memory of Tom Nuckles. 

Criteria for the Scholarship:

  • Students must be in good standing with the university.  The student’s major GPA is the first deciding factor when awarding this scholarship with overall GPA results being secondary.  First priority given to children of employees of Cincinnati Financial Corporation.

Risk and Insurance Management Society/Chartered Property Casualty Underwriters:

The RIMS/CPCU Insurance Studies Fund established at Eastern Kentucky University to promote the education of students enrolled full time and majoring in Insurance. This account is established as a result of a gift from RIMS/CPCU.

Criteria for the Scholarship:

  • Must be full-time students majoring in Insurance Students must maintain a 2.25 GPA.

Patterson Memorial Endowed Scholarship

To apply: please visit https://scholarships.eku.edu/foundation

History
The Patterson Scholarship was established in 1997 by Kermit and Opal Patterson, who both previously taught at Eastern Kentucky University, Kermit, specifically, in the School of Business.  The Scholarship is awarded to outstanding students majoring in areas of study including—General Business (e.g., Corporate Communications and Technology; General Business, Global Supply Chain, International Business), Management (e.g., Human Resource Management, Management), and/or Marketing (e.g., Professional Golf Management, Marketing, Marketing Research and Analytics, Music Marketing).

All applications are carefully reviewed by faculty serving on the Patterson Scholarship Committee.  Minimum application qualifications include—a competitive ACT composite score, a 3.0 (on a 4.0 scale) cumulative GPA, and evidence of leadership activities.  Also considered will be the applicant's formal letter of application, professional resume, letters of recommendation, and transcript.  Selected Patterson Scholars will represent the College of Business in formal and informal settings at all times and they will engage in professional development activities.

Selection Criteria
First-time applicants (current EKU students, high school seniors, and transfer students) must satisfy the following criteria: 

  • Student must declare a major in an area of Management, Marketing, or General Business.
  • Student must have a minimum university GPA of 3.0 on a 4.0 scale.  Incoming freshman must have a minimum high school GPA of 3.0 on a 4.0 scale.
  • Student must have attained competitive ACT composite score.
  • Student must show evidence of leadership activities.

Renewal Criteria

  • Student must continue to be a declared major in Management, Marketing, or General Business.
  • Student must maintain a minimum university GPA of 3.0 on a 4.0 scale.
  • Student must show evidence of leadership activities.

Steps to Apply

First-time applicants:

  • Submit an official copy of your transcript, complete through the fall semester of your senior year of high school.  Transfer students must submit an official copy of their current transcript.
  • Submit a formal letter stating your reasons for wanting to attend EKU and major in Management, Marketing, or General Business.  This letter should include any information not specified in your resume that you would like the Committee to know about you.
  • Submit two letters of recommendation from such people as your principal, guidance counselor, teacher, or employer.
  • Submit a resume highlighting high school or university activities, as well as work-related activities.  Evidence of leadership should be emphasized.

Applicants for renewal:

  • Submit a formal letter describing your progress in your area of study, the career path you hope to follow with such a degree, and evidence of leadership abilities that distinguish you from your peers.
  • Submit one letter of recommendation from such people as a faculty member, advisor, or employer.
  • Submit a resume highlighting high school or university activities, as well as work-related activities.  Evidence of leadership should be emphasized.

All application materials must be uploaded via scholarships.eku.edu no later than March 1 for the next academic year.  Late applications will be considered only if funds allow.  Questions regarding the Patterson Scholarship should be directed to Tyler Caviness, Chair of Patterson Scholarship Committee at 859-622-4976 or tyler.caviness@eku.edu


Kentucky Motor Transport Association Scholarships 

The Kentucky Motor Transport Association Scholarships will be awarded to students interested in Global Supply Chain Management on a competitive basis. Deadline to apply is March 1st.  Download and complete this PDF Application.


John Hines Memorial Scholarship 

Selection criteria to receive the scholarship includes: minimum composite ACT score of 21; minimum 2.5 cumulative GPA (based on a 4.0 scale); evidence of leadership and volunteer activities. Scholarship is open to college-bound high school seniors and transfer students interested in becoming a PGA member, as well as current PGA Golf Management students. Currently, this scholarship is unavailable. 


Robert Begley Memorial Fund

The scholarship shall be awarded to management majors who have expressed an interest to develop expertise in the operations and management of retail establishments. 


Joseph Stephens Endowed Scholarship Fund

For this scholarship, applicants must be enrolled full-time at EKU and be in good academic standing at the time of awarding and throughout the term of the award, be pursuing a degree in Marketing, Management, Agriculture, or Professional Golf Management, and express a desire to pursue a career in a golf related profession. 


Dr. Jeff and Dr. Jeanie Gail Bowman Endowed Business Scholarship 

Preference shall be given to students who have attained sophomore or higher class status, with a cumulative GPA of 2.5 or higher. With a selected major in Accounting (Public or Managerial), or Marketing, or Communication Studies, or an Education/Teaching emphasis in Business. The recipient must be a resident or high school graduate of eastern Tennessee or eastern Kentucky counties. 


Bluegrass Compensation Association - Allen D. Engle Human Resources Scholarship 
(Non-departmental, professional scholarship)

One $500 scholarship will be awarded in December to a chosen student.  Apply online at www.bluegrasscomp.com. To be eligible, the applicant:

  • Must have at least sophomore standing with a declared major or be a graduate student.

  • Must be majoring in human resources management, personnel administration/development or a related major or currently employed in human resources.

  • Must have at least a 3.0 GPA on a 4.0 scale.

  • Must provide two letters of recommendation from instructors in your core curriculum.

The Bluegrass Compensation Association is an organization of human resources professionals committed to the advancement of knowledge in the areas of compensation, benefits and other rewards. We encourage students to pursue a career in the human resources profession by awarding a scholarship for study in the field.


More about University Scholarships

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