Establishing an annual named scholarship through SBANA is a chance to create a legacy and have an immediate impact on the CAU School of Business and it’s students. A named annual scholarship is awarded annually for one or more years and can be established with a minimum gift of only $500.
To begin the process of establishing an annual named scholarship, please review the guidelines below and complete the request form here.
If you need assistance, please send us an email at firstname.lastname@example.org.
Requests to establish an annual scholarship for Spring 2020 must be received by Friday, November 20, 2020.
Guidelines for Establishing a Scholarship
- Determine the gift amount and annual award
To determine the amount of your gift, use the following formula: amount of annual award x years = total gift $ ($500 x 2 years = total gift of $1,000)
Multi-year scholarships require a minimum gift of $1,000, payable over two years. For example, a gift of $2,000 can establish an annual named scholarship of $500, awarded annually over four years.
- Choose a name and determine criteria for your scholarship
As a donor, you choose the name of your scholarship and determine the criteria. However, there are minimum requirements for all scholarships established through SBANA. Minimum requirements: 1. Recipient(s) must study a major offered within the CAU School of Business; 2. Recipient(s) must be in good academic standing with a minimum GPA of 2.5.
Annual scholarships are awarded to CAU School of Business students based on financial need (textbooks, emergency hardship), merit, academic achievement, specific area of study (accounting, finance, MBA, etc.).
Need assistance determining criteria? Please send us an email, email@example.com.
Administration of Scholarship Funds
The Scholarship Committee manages the SBANA scholarship program. The committee is comprised of SBANA volunteer members and Clark Atlanta University School of Business representatives. The Committee is currently co-chaired by Myrah Murrell, CAU ’07 and Dr. Edward Davis, CAU School of Business Representative.
- Application and Selection Process
- The Scholarship Committee will review all submitted applications and select the most deserving student(s) based on criteria set by the donor.
- Annual named scholarships will receive a dedicated online application that will be accessible via the SBANA. Scholarship page.
- Annual scholarships will be promoted via social media and email communication.
- Donors will be notified of the committee’s selection(s) and will receive acknowledgment letters from recipients.
Annual scholarships are not permanent and are awarded for as long as the donor contributes to the fund.
If you would like to give a gift under $500 please consider donating through our General Scholarship Fund. Donating through our General Scholarship Fund allows us to pool donations and support the most deserving students with the greatest needs. SBANA.org/scholarships
To begin the process of establishing an annual named scholarship, please click here.