Scholarships

The MSU College of Business offers a number of scholarships each academic year which vary in amount from approximately $500 to $1000 each. Applications are accepted each spring term with a February 15 deadline for submission. Recipients are typically notified of their award for the upcoming academic year by May and receive ½ in the fall and ½ in the spring. To be eligible for these scholarships, a student must be enrolled full-time at MSU with a declared business major. Additional criteria vary by scholarship and are listed below.

For Sponsors: donations are very appreciated. 

Aas Family Scholarship

  • Undergraduate Junior, or Senior
  • Minimum GPA of 2.5
  • Preference given to a student involved in a University-approved service organization, Greek organization, or Student Government

Accounting Department Scholarship

  • Majoring in Accounting
  • Undergraduate Junior, or Senior
  • Minimum GPA of 3.0

Adelaide & Eleanor Johnson Scholarship

  • Preference given to Business Education Major
  • Undergraduate Sophomore, Junior, or Senior
  • Minimum GPA of 3.0
  • If the recipient is a senior with one semester left, the value of the scholarship will be halved.

American Petroleum Institute (API) Scholarship

  • Preference given to Energy Economics & Finance Major
  • Minimum GPA of 2.0

Baldwin and Shirley Martz Scholarship

  • Majoring in Accounting
  • Upper class student (or possibly sophomore in unusual circumstances)
  • Minimum GPA of 3.0
  • Planning to take the CPA exam
  • Citizenship values may be considered
  • Not based on financial need, but on academic merit

Ben & Theresa Wald Scholarship

  • Undergraduate Freshman, Sophomore, Junior or Senior (entering Freshmen must meet athletic eligibility requirements since they have no established college GPA)
  • Resident of North Dakota
  • Minimum GPA of 2.5 
  • Position paper on business ethics (Maximum of 3 pages)
  • If the recipient is a senior with one semester left, the value of the scholarship will be halved.

Brady Martz & Associates PC Scholarship

  • Majoring in Accounting
  • Undergraduate Senior or Outstanding Junior
  • Preference given to North Dakota native 
  • Minimum GPA of 3.0
  • Persuing CPA certification

Bruce & Diane Walker Scholarship

  • Undergraduate Freshman, Sophomore, Junior or Senior (entering Freshmen must meet athletic eligibility requirements since they have no established college GPA)
  • Full-time student
  • Minimum GPA of 2.0

Burger King Scholarship

  • Undergraduate Freshman, Sophomore, Junior or Senior (entering freshmen eligibility requires minimum ACT score of 24)
  • Minimum GPA of 3.0
  • Burger King Minot employee or immediate family member

Burt and Gwen Traub CoB Scholarship

  • Major in Finance
  • Undergraduate Junior or Senior
  • Resident of North Dakota
  • Minimum GPA of 3.0
  • Preference given to active member of either Mu Sigma Tau Fraternity or Phi Beta Lambda

Chris and Denise Lindbo

  • Undergraduate Freshman, Sophomore, Junior or Senior (entering Freshmen must meet athletic eligibility requirements since they have no established college GPA)
  • Minimum GPA of 2.0
  • Financial need
  • Preference given to students from single parent families

College of Business Scholarship

  • Undergraduate Freshman, Sophomore, Junior or Senior (entering Freshmen must meet athletic eligibility requirements since they have no established college GPA)
  • Minimum GPA of 2.0

Dale D. Atwood Memorial Scholarship

  • Minimum GPA of 2.5
  • Undergraduate Freshman, Sophomore, Junior or Senior (entering Freshmen must meet athletic eligibility requirements since they have no established college GPA)
  • Preference given to a student-athlete on one of MSU’s NCAA team
  • If the recipient is a senior with one semester left, the value of the scholarship will be halved.

David & Dolly Gowan Scholarship

  • Undergraduate Freshman, Sophomore, Junior or Senior (entering Freshmen must meet athletic eligibility requirements since they have no established college GPA)
  • Minimum GPA of 2.5 
  • Preference given to a student-athlete on one of MSU’s NCAA team
  • If the recipient is a senior with one semester left, the value of the scholarship will be halved.

Don L. Barber Memorial Scholarship

  • Majoring in Management
  • Undergraduate Junior, Senior or Graduate student in the Masters in Management
  • Priority given to students with demonstrated honesty, integrity, and charitable involvement in their community
  • Minimum GPA of 2.0

Doris A. Slaaten Scholarship

  • Undergraduate Freshman, Sophomore, Junior or Senior (entering Freshmen must meet athletic eligibility requirements since they have no established college GPA)
  • Minimum GPA of 3.0
  • Financial need

Edson and Margaret Larson Foundation

  • A minimum of two years at Minot State University
  • Demonstrated community service and academic/entrepreneurial success
  • Minimum GPA of 3.25
  • Resident of North Dakota or graduated from a ND high school
  • Intention to pursue graduate studies at a North Dakota or Minnesota Institution
  • Intention to work in North Dakota following graduation
  • Submit a typed essay addressing the following areas:
    • A summary of their various leadership activities, work experience, college and community extracurricular activities including any leadership roles, and their leadership philosophy
    • Plans after graduation and plans regarding future academic studies (i.e. graduate school, professional school, etc.)
    • Intent or commitment to return to ND to pursue their career or profession
  • Current resume

E. James McIntyre Scholarship

  • Undergraduate Freshman, Sophomore, Junior or Senior (entering Freshmen must meet athletic eligibility requirements since they have no established college GPA)
  • Minimum GPA of 3.0
  • Preference given to a student-athlete on one of MSU’s NCAA team

First Western Bank & Trust Scholarship

  • Undergraduate Freshman, Sophomore, Junior or Senior (entering Freshmen must meet athletic eligibility requirements since they have no established college GPA)
  • Minimum GPA of 2.5
  • Preference given to resident of Minot or surrounding area (75 miles)

Integrity Viking Funds Business Scholarship

  • Minimum GPA of 2.5
  • Financial need
  • Preference given to student(s) majoring in Accounting or Finance

J. Bernard Busse Memorial Scholarship

  • Minimum GPA of 2.5
  • Undergraduate Freshman, Sophomore, Junior or Senior (entering Freshmen must meet athletic eligibility requirements since they have no established college GPA)
  • Preference given to a student-athlete on one of MSU’s NCAA teams
  • If the recipient is a senior with one semester left, the value of the scholarship will be halved

Jan Barlow Scholarship

  • College of Business Student
  • Minimum GPA of 2.0

Joan Mattson Scholarship in Memory of Kevin Mattson

  • Majoring in Energy Economics and Finance
  • Recommendation of the Department of Accounting & Finance, at the discretion of the Dean or the College of Business

John and Leslie Coughlin Scholarship

  • Full time undergraduate Freshman, Sophomore, Junior or Senior (entering Freshmen must meet athletic eligibility requirements since they have no established college GPA)
  • Minimum GPA of 2.0
  • If the recipient is a senior with one semester left, the value of the scholarship will be halved

Lee Badertscher Memorial Scholarship

  • Undergraduate Junior or Senior
  • Minimum GPA of 3.5

Luther Hanson & Diann Witham Hanson Scholarship

  • Majoring in Management
  • Full time undergraduate Freshman, Sophomore, Junior or Senior (entering Freshmen must meet athletic eligibility requirements since they have no established college GPA)
  • Minimum GPA of 3.25
  • Preference is also given to a student who has/will participate in a study abroad program

Magic City Networking Scholarship

  • Undergraduate Junior or Senior
  • Minimum GPA of 2.0
  • Expected to attend a Magic City Networking Event

Marv and Barb Semrau Scholarship

  • Undergraduate Sophomore, Junior, or Senior
  • Preference given to Marketing Major

Mary Marley Memorial Scholarship

  • Preference given to Entrepreneurship Major

Marilyn Joy Selland Scholarship

  • Minimum GPA of 2.0
  • Financial need
  • Preference given to an older than average student (age 21 or older)
  • Preference given to women with children or working mother.

Mel Hoover and Spencer Hoover Scholarship

  • Undergraduate sophomore, junior or senior
  • Minimum GPA of 2.0
  • Financial need

MSIS Scholarship Endowment

  • MSIS Graduate student enrolled in at least 6 credits
  • Minimum GPA of 3.0

Ove Jorgensen Scholarship

  • Undergraduate Sophomore, Junior, or Senior
  • Minimum GPA of 3.5
  • Completed 24 hours in residence, include Bio Statement at MSU
  • Consideration given to demonstrated leadership, progress towards the applicant’s business degree, outside responsibilities, and communication skills

Pat & Mary Kay Jones Scholarship

  • Undergraduate Freshman, Sophomore, Junior or Senior (entering freshmen eligibility based on athletic eligibility requirements which include 2 of the following: minimum ACT score of 18, high school GPA of 2.0 or higher, and/or class rank in upper half of graduating class)
  • Minimum GPA of 2.5 
  • Preference given to Ward County resident
  • Financial need as determined by FAFSA
  • If the recipient is a senior with one semester left, the value of the scholarship will be halved.

Pearl Stusrud Memorial Scholarship

  • Undergraduate Sophomore, Junior, or Senior
  • Majoring in Accounting
  • Minimum GPA of 3.5 in major and GPA of 3.0 overall
  • The following factors will be used in the selection process:
    • Academic Performance
    • Demonstrated leadership potential
    • Extracurricular activities and responsibilities

Peoples State Bank Scholarship

  • Preference given to applicant from Minot/Velva region
  • Minimum GPA of 2.5

R.D. Koppenhaver Award

  • Student plans to sit for the CPA Exam within the following 12 months
  • Enrolled at a state or border city college
  • Does not have exam reimbursement from employer
  • Based on scholastic ability plus extra-curricular activity

Dr. Richard Schlapman Scholarship

  • Preference given to Finance major
  • Undergraduate Sophomore, Junior, or Senior
  • Minimum GPA of 2.5
  • If the recipient is a senior with one semester left, the value of the scholarship will be halved.

Robert and Ilze Sando Scholarship

  • Preference given to a Business Education major
  • Preference given to a student-athlete on one of MSU’s NCAA team
  • Minimum GPA of 2.5
  • Full time undergraduate Freshman, Sophomore, Junior or Senior (entering Freshmen must meet athletic eligibility requirements since they have no established college GPA)
  • If the recipient is a senior with one semester left, the value of the scholarship will be halved.

Robert Torgerson Scholarship

  • Full time undergraduate Freshman, Sophomore, Junior or Senior (entering Freshmen must meet athletic eligibility requirements since they have no established college GPA)
  • Minimum GPA of 2.0

Roger Looyenga Leadership Development Scholarship

  • To be eligible for this scholarship, students are nominated by faculty or professional advisor as a candidate for the program.  
  • Minimum GPA of 3.0
  • Undergraduate Freshman, Sophomore, Junior or Senior (entering Freshmen must meet athletic eligibility requirements since they have no established college GPA)

Roger Mergenthal Scholarship

  • Undergraduate Freshman, Sophomore, Junior or Senior (entering Freshmen must meet athletic eligibility requirements since they have no established college GPA)
  • Majoring in Business Education
  • Minimum GPA of 2.5
  • If the recipient(s) is a student attending only one semester out of an academic year, the value of the scholarship shall be halved.

Severson Entrepreneurship Scholarship

  • Recipient must demonstrate he/she is a committed or active Entrepreneurship Club member
  • Preference is given to Undergraduate Rising Junior or Senior
  • Minimum GPA of 3.0 GPA
  • Recipient should demonstrate a well- balanced approach to studies and outside activities, including student and/or civic organizations, university athletics, and/or work
  • Previous involvement in Entrepreneurship Club will be a strong factor
  • An essay describing
    • (a) future goals and plans for the next 5-10 years,
    • (b) importance of college education,
    • (c) what "giving back" means to you, now and in your future career, and
    • (d) a description of your personal interest in entrepreneurship.

Stephanie and Richard Strom

  • Minimum GPA of 3.25
  • Full time undergraduate Freshman, Sophomore, Junior or Senior (entering Freshmen must meet athletic eligibility requirements since they have no established college GPA)
  • Involvement in campus organizations such as:
    • leadership rolls
    • community activities
    • campus volunteer works

Tim and Laura Mihalick Scholarship

  • Full time undergraduate Freshman, Sophomore, Junior or Senior (entering Freshmen must have High School GPA of 3.5)
  • Minimum GPA of 3.25
  • Preference given to financial need

Wells Fargo Scholarship

  • Students who are finance majors or demonstrate an interest in finance

Yvonne Schultz Scholarship

  • Undergraduate Freshman, Sophomore, Junior or Senior (entering Freshmen must meet athletic eligibility requirements since they have no established college GPA)
  • Minimum GPA of 2.0

Note: Students are advised to also apply for scholarships awarded by the Financial Aid Office (applications can be found on the Financial Aid Office web site). In addition, the Alumni Association offers scholarships for which there are special criteria and a separate application form available at their web site.

How to apply
The 2021-2022 MSU SCHOLARSHIP APPLICATION coming soon! The scholarship deadline is February 15, 2021.


2020-21 Scholarship Recipients

Aas Family Scholarship:
Jessie Ponton

Accounting Scholarship:
Will Bowers

Steve Novak

Caitlyn Poole

Adalaide Johnson Scholarship:
Otto Langhans

Baldwin and Shirley Martz Scholarship:
Nicholas Effertz

Kirsten Medlang

Michaela Larson

Jacob Rogers

Ethan Webster

Jordan Will

Ben and Theresa Wald Scholarship:
James Acevedo

Danielle Stauffer

Bob Franstvog Memorial Scholarship:
John Fernandez

Brett Hlebechuk

Haylee Word

Brady, Martz, & Associates, P.C. Scholarship:
Kimberly Shappell

Bremer Bank:
Hudson White

Bruce and Diane Walker Scholarship
Ludney Desert

Burger King:
Kayla Foreid

Burt and Gwen Traub College of Business Scholarship:
Conner Ledoux

Melanie MacPherson

Chris and Denise Lindbo Scholarship:
Aimee Demchuk

Abigail Frith

College of Business Scholarship:
Tamrick Ross

Madison Sem

Aymee Soares

Dale D. Atwood Scholarship:
Franz Boothe

David and Dolly Gowan Scholarship:
Jacob Dahl

Brendan Johnston

Dominick Parkhurst

Caden Shannon

Don L. Barber Scholarship:
Khatima Amakaaz

Doris Slaaten Scholarship:
Nabeeha Latif

E. James McIntyre Scholarship:
Kelsey Branson

Declan Buckle

Naomi Braaten

Alex Larsen

Shehadeh Mitwalli

Norlyn Nosworthy

David Pellenwessel

Anya Ross

Tamrick Ross

Jordan Will

Faith Wolla

First Western Bank & Trust Scholarship:

Kimberly Shappell

Integrity Viking Business Scholarship:
Dorion Cipriani

Samuel Larson

Lindsey Olander

J. Bernard Busse Scholarship:
Franz Boothe

Jan Barlow Scholarship:
David Earnest

Zachary Haan

Joy Springer

Joan Mattson Scholarship in memory of Kevin Mattson:
Kyle Bjugstad

Joshua Duke

Ann Godwin

Favour Ozordi

Teguia Andy Talom

John and Leslie Coughlin Scholarship:
Derek  Agnes

Joshua Kragh

Josie Smyle

Lee Badertscher Memorial Scholarship:
Ludney Desert

Luther Hanson and Diann Witham Hanson Scholarship:
Rebecca Helmeczi

Magic City Networking Business Scholarship:
Madison Sem

Marilyn Joy Selland Scholarship:
Gavin Mercer

Haley Wood

Marv and Barb Semrau Scholarship:
Sofia Lewis

Madison Tiedman

Mel Hoover and Spencer Hoover Scholarship:
Cynthia Stratula

Gabriela Velez

MSIS Scholarship:
Kyle Bittle

Ove Jorgensen Scholarship:
Noah Able

Juliana Alarcon Diaz

Beth-Ann Goudy

Juan Jaimes Valdiviezo

Matthew Jenkins

Aurora Polonio Polanco

Katherine Rock

Brenna Tschetter

Pat and Mary Kay Jones Scholarship:
James Burhans I

Megan Combs

Tayla Dean

Hylan Harvey

Zachary Keller

Don Welsch

Pearl Strusrud Scholarship:
Caitlyn Poole

Peoples State Bank Scholarship:
Nicholas Effertz

Tanner Thompson

R.D. Koppenhaver Foundation:
Dana Cluever

Richard L. Muus Business Scholarship:
Amy Adams

Richard Schlapman Scholarship:
Madison Sem

Robert and Ilze Sando Scholarship:
Andrew Makarchuk

Isaiah Bigby

James Burhans

Grayson Neufeld

Emma Profili

Davis Sheldon

Robert Torgerson Scholarship:
Michaela Larson

Taylor Nygaard

Roger Looyenga Leadership Development Scholarship:
Gideon Amponsah

Theodore Arneson

Jay Blessum

Brittney Craig

Austin Feist

Dylan Gejos

Ann Godwin

Austin Kilian

Maria Leidholt

Chiti Nkhuwa

Swapnil Talekar

Khadero Taylor

Roger Mergenthal Scholarship:
Otto Langhans

Severson Entrepreneurship Scholarship:
Juliana Alarcon Diaz

Dorion Cipriani

Brett Hlebechuk

Madison Tiedman

Brenna Tschetter

Stephanie and Richard Strom Scholarship:
Theodore Arneson

Riley Brodal

Brett Hlebechuk

Jacob Rogers

Tim Mihalik Scholarship:

Kirsten Medlang

Yvonne Schultz Scholarship:
Benjamin Bohl

Josie Morris

Karina Pena Franco

Kathy Pena Franco

Beatrice Sopko