Establishing a Successful Scholarship Program

advertisement
Establishing a Successful Scholarship Program
BYU Management Society
A successful scholarship program can be one of the most rewarding efforts that a Management Society
chapter can participate in. Although there are multiple approaches to building a successful program, the
basic concept or structure is similar in all cases. We have outlined the basic structure, however, a more
comprehensive resource is the BYU MS leadership Guide which can be found online at:
https://marriottschool.byu.edu/mgtsoc/leadership/handbook/pdf/01%20About%20the%20Society.pdf
Refer to the following sections in the leadership Guide for specific scholarship information:
CHAPTER FINANCES: pg. 14- 16 Student Scholarships, Scholarship Guidelines and Procedures
APPENDIX: pg. 42-47 Scholarship Forms and Samples
CHAPTER PROGRAMS: pg. 14-19 Scholarship Programs, Scholarship Program Setup
Six Basic Steps:
1 FORM A SCHOLARSHIP COMMITTEE WITHIN YOUR CHAPTER
The scholarship program is too much work for one or two individuals to administer and maintain.
Identify an Executive Board officer that will act as the Scholarship Committee Chairperson. This
committee should be responsible for determining all of the important decisions needed to create a
successful program. Funding, selection criteria, communication, distribution of funds, award ceremony,
etc.
2
IDENTIFY WHAT TYPE OF PROGRAM OR BASIC STRUCTURE OF YOUR PROGRAM
The Leadership Guide suggests 4 different types of program structure that can be used. A modification
of option #2 seems to be the most effective where an account is established at LDS Philanthropies in the
name of the chapter; funds are raised by the chapter and sent to the Marriott School to be credited to
your chapter account. Selection process and awards are done by the chapter, and the Marriott School is
responsible to facilitate the credit of funds to the recipients.
3
DETERMINE HOW YOU WILL RAISE FUNDS
This can be done exclusively with corporate sponsors, individual contributions, fund raising events (golf
tourney, banquet), or other methods. Usually a combination of a couple of these methods is most
practical. At the end of the document we highlight 6 chapters who have run a successful program over
the years and each discusses their primary method of fundraising.
4
DETERMINE CRITERIA FOR SCHOLARSHIP AWARD RECIPIENTS
This is typically done on a committee with pre-established criteria such as financial need, scholarship,
activities and leadership, extra-curricular involvement, etc. Some chapters have developed some
excellent tools for facilitation of this process. Also decide on deadlines for applications. This is critical
since you may want to make the awards before the end of the senior year in high school so they can be
part of their high school graduation ceremonies.
5
COMMUNICATION
How do you get the word out to potential candidates? If you are awarding BYU only scholarship, one
way is to notify the bishops and stake presidents in your area of the program and ask them to share the
details with any students who are applying to BYU. Since they must receive an ecclesiastical
endorsement to attend, this is an efficient way to contact the most likely candidates.
6
AWARDING THE SCHOLARSHIPS
Determine how you want to notify the applicants and how you would like to award the scholarship
recipients (banquet, ceremony, letter, etc). Another important consideration is how you can notify the
high schools and local papers of the scholarship awards. This is helpful not only to advertise the good
works provided by your local chapter, but also for BYU as well. The more people are aware of the
program the increased amount of interest you will have in the program in future years which can also
help increase the number of contributions.
Chapter Ideas for Scholarship Programs:
Many of the BYUMS chapters have already established successful scholarship programs over the years.
Here is a summary provided by a few chapters that may help you in establishing your own scholarship
program. Feel free to learn from their efforts and contact the chapter directly if you have additional
questions.
The following chapters have provided a brief
summary of their scholarship program:
Seattle, WA
New Hampshire
St. George, UT
Salt Lake City, UT
Other chapters with successful programs that
you can contact are:
Washington, DC
San Diego, CA
Arizona
New York City, NY
Seattle, WA Scholarship Program
Contact: Marcia Bean (425) 890-1451 8beans@gmail.com
Program details
Requirements
Application
FAQ’s
Salt Lake City, UT Scholarship Program
Contact: Marc Jewell (801) marcjewell@rocketmail.com
Scholarship Guidelines and Application
St. George
Contact: Lonnie Clove (435) 627-8545 x102 lclove@clovecpas.com
Scholarship Guidelines and Application
Additional Scholarship Tips
St. George
Scholarship Tips.docx
New Hampshire
Contact: Gary Gustafson (603) 881-9813 garyggustafson@netscape.net
Lance Spencer (603) 882-7537 lance.spencer@byu.net
Scholarship Program Guidelines
New Hampshire
Scholarship Program.docx
Download