Scholarships and grants – money that does not have to be repaid – are naturally the most sought-after type of financial assistance when attending college.
Upon applying to Elon as an entering student, the Office of Financial Aid offers:
- Merit-based scholarships
- Talent-based scholarships
- Exceptional need- and merit-based scholarships
- Need-based scholarships
Scholarships & Grants in the Love School of Business
Major-specific Scholarships & Grants
Students already enrolled at Elon as a declared business major will receive endowed scholarship application information via email in mid-February. The Love School of Business offers a wide variety of endowed scholarships funded by generous donors. These endowed scholarships are available to Love School of Business students each year. The highly competitive application process begins in February and applications are due in March. Scholarship recipients are notified in April, with their scholarship to be applied to their Elon account during the following academic year. For further questions, please contact Shannon Kimball at email@example.com.
The Andras Family Award
This award was established in 2007 with gifts from the Andras Foundation and David and Anne Andras, parents of Cody Andras ’10. The scholarship is awarded to a rising senior within the business school whose excellent work both inside and outside of the classroom models a pathway to future success in business.
The A. Vance Beck, Sr. and Gwendolyn D. Beck Scholarship
Established in honor of Vance and Gwendolyn Beck by his employer (the Belk-Beck group of department stores), the award goes to a rising junior within the business school.
The David O. Bowden Economics Scholarship
Established by David Bowden ’70, the David O. Bowden Economics Scholarship is awarded to a rising senior majoring in economics who has been active in the department and demonstrated potential for future success. At Elon, Mr. Bowden was a double major in business administration and economics. He went on to earn his J.D. from the University of Miami.
The Mary C. Bullock ’47 and George P. Bullock ’47 Business Scholarship
Established in 2017 by Mary Coble, this scholarship is intended for academically talented students pursuing a major in the Love School of Business.
The Samuel L. Burke Endowed Scholarship
This fund was established in 2008 by Samuel Burke ’89 to provide assistance for deserving accounting majors who are likely to demonstrate the value of their Elon education in their future careers.
The Janie E. Council Scholarship
This award was established in 1993 in memory of Janie E. Council by former friends, students and Mr. Robert Sandell II. Mrs. Council began her teaching career at Elon University in 1960 as an associate professor of business education and received the outstanding teaching award from the SGA in 1970. This scholarship is for a rising senior majoring in accounting, business administration, entrepreneurship, finance, international business, management or marketing.
The Taylor S. Davis Scholarship for Engaged Learning in Business
This award was established in 2014 by Jeffrey S. and Marti Davis in order to provide support for undergraduate students studying in the Love School of Business.
The Department of Economics Endowed Scholarship
This scholarship was established in 2005 by members of the Department of Economics for an economics major with a record of academic excellence within the major who exhibits a commitment to social responsibility.
The Frechette Family Foundation Fund for Global Engagement
Established in 2016 by the Frechette Family Foundation, this scholarship is intended for business majors who are pursuing global education opportunities.
The Edward and Rita Galante Endowment for Business Internships
This fund was established in 2008 in honor of Edward and Rita Galante by their son Donald and his wife Amanda. The award is to help business majors enjoy the unique educational opportunities associated with internships related to their major.
The Frederick K. Gilliam, Sr. Scholarship
This scholarship was established in 1989 in memory of Fred Gilliam, Sr. by James D. Moser, Jr. and other partners of his accounting firm, and by business associates Maurice Jennings and John H. Vernon III. Gilliam was a 1942 Elon graduate. He participated in orchestra and was part of Kappa Psi Nu, and he served as a part-time accounting instructor from 1961-65. This scholarship is for Accounting majors.
The John R. Hill ’76 and Lesley W. Hill Endowed Fund for Engaged Learning in Business
This fund was established by John R. Hill ’76 and Lesley W. Hill to assist students with engaged learning experiences, such as research, international study or internships.
The Don S. and Margaret M. Holt Scholarship
This award was established by the estate of Margaret M. Holt in 1988 to provide scholarship assistance to students in the Love School of Business.
The Mark A. Horsburgh Study Abroad Scholarship
This award, established in 2007 by the Horsburgh family, provides scholarship assistance to a Business Fellow so that he or she can study abroad. The fund was created in honor of Mark A. Horsburgh, a 2007 Elon graduate and Business Fellow who studied abroad in Australia and Peru.
Humphries Achievement Award
This award was established in 2023 by Brenna Humphries ’13 to support a rising senior in the Love School of Business who exemplifies academic excellence, giving preference to a Black or African American student. This student must demonstrate engagement in high impact practices at Elon.
The Kiernan Business Internship Endowment
This award was established in 2012 to support business students completing an internship.
The William A. Klopman, Jr. Memorial Scholarship
This award was established in 1992 in memory of William A. Klopman, Jr., a scholar of business and law. It is to provide scholarship assistance to a rising junior or senior in the Love School of Business who demonstrates high academic potential with preference given to students living in Alamance County, the Triad, or North Carolina.
The R. Cruse Lewis Master Pools Guild/Love School of Business Endowment Scholarship
This scholarship was established in 1998 in honor of Cruse’s retirement from Master Pools Guild. Mr. R. Cruse Lewis is a former employee of Swimout Overflow Components, Inc. and Burlington Industries. He received a Citizen’s Service Award in November 2000 and has served on the Board of Visitors at Elon since 1996. This scholarship is for any business school major.
The Calvert C. and Margaret H. McGregor Scholarship
This scholarship was established by Calvert and Audrey McGregor in honor of his parents, C. Calvert and Margaret H. McGregor. McGregor is an associate professor emeritus and the former chair of the accounting department at Elon. This scholarship is for a rising junior or senior accounting student with preference given to students living in Alamance County, the Triad, or North Carolina.
The Mills Family Endowed Scholarship
Established in 2006 by Willard “Bill” Mills, Jr., and his mother, Helen Mills Gardner, this scholarship is awarded to a deserving student from North Carolina with preference given to a student majoring in business. Mills graduated from Elon in 1969 with a bachelor’s degree in business administration.
The MSA Scholarship Award
This award is for students demonstrating academic excellence at the undergraduate level who are entering the MS in Accounting program. This award is currently funded by Department of Accounting faculty.
The Myers Family Endowed Scholarship in Business
The Myers family established this fund in honor of their son Jay, a 2007 business school graduate, for Love School of Business majors who exhibit excellence in leadership, character, and intellect.
The Park Business Scholarship
The scholarship was established in 1992 by Professor of Finance Dr. Wonhi Synn and his wife, Grace, in memory of her mother, Joy K. Park, to provide assistance for a rising junior or senior in the Love School of Business of racial or ethnic minority. Preference is given to students living in Alamance County, the Triad, or North Carolina.
The Rehnert Family Business Internship Award
This fund was established in 2010 by Geoffrey and Lauren Rehnert to support business students completing an internship.
The Rose Family Endowed Fund for Engaged Learning in Business
This fund was established by Harry and Carol Rose in 2008 to help defray the costs of a business-related internship experience for any business major.
The John L. Sills, Jr. Scholarship
This scholarship was established in honor of John L. Sills, Jr. by Riverview Narrow Fabrics in August 1987. Sills was treasurer at Riverview Narrow Fabrics, Inc. He and his wife, Martha, have one son, John L. Sills, III, a 1989 Elon graduate. This scholarship is for rising junior accounting majors.
The Sirabella Family Scholarship for Engaged Learning in Business
This fund was established to support Love School of Business students as they pursue one of the Elon Experiences.
The Charles David Smith Endowed Scholarship
This scholarship was established in memory of Charles D. Smith by his parents Randolph Smith and Joyce Miller, and lifelong friend George Logan. Charles died in a plane crash near Roanoke, Virginia. He graduated from Elon with a Bachelor of Science degree in Banking and Finance in 1997. He was part of the men’s tennis team and a member of the Lambda Chi Alpha fraternity. This scholarship is for business majors and preference is given to students from Virginia.
The J. Harold Smith Scholarship
This award was established by C. Randolph Ferguson in 1995 in honor of J. Harold Smith. It is intended for business students from North Carolina with a minimum 2.7 GPA.
The John and Helene Sparks Scholarship for Business
This award was established by John and his wife Helene in 1981. John Sparks graduated from Elon in 1950 with a Bachelor of Arts in business administration. He is a certified public accountant and former faculty member in the Martha and Spencer Love School of Business. This scholarship is for business administration, entrepreneurship, finance, international business, management or marketing majors.
The David A. Stevens ’81 Internship Scholarship
Established in 2007 by David and Beth Stevens, this scholarship is awarded to business students to help defray the cost of completing an internship.
The R. Alston Team III Endowed Scholarship in Business
This scholarship was established in honor of Alston Team ’07 for students with a strong GPA, a record of contributions to the Love School of Business, and a significant potential for professional success.
The James T. Toney Endowment Fund
This award was established by members of the Economics Department in honor of Professor Jim Toney. This scholarship is for Economics majors and is to be used for study abroad.
The Peter L. Tourtellot Endowed Scholarship in Business
This scholarship was established in 2010 by members of the Love School of Business Board of Advisors honoring board member Peter Tourtellot for his seven years of service as board chair. The scholarship is for a deserving undergraduate student within the Love School of Business.
The Troy Family Endowed Scholarship for International Study
Established by Samuel P. Troy ’67, this scholarship is for any student in the Love School of Business studying abroad for a semester.
The Waesche Engaged Learning Scholarship
Established in 2013 by Roger A. Waesche, Jr. and Alexandra Waesche, this award is intended to support Love School of Business students pursuing professional development opportunities.
The Dudley Ray Watson Memorial Scholarship
This scholarship was established in memory of Dudley Ray Watson by his parents, J.D. and Eunice Watson. Watson served as a member of the business faculty at Elon College from 1960 to 1963. This scholarship is for a rising senior majoring in business administration, entrepreneurship, finance, international business, management or marketing.
The Linda Thompson Weavil Endowed Scholarship
This scholarship was established in 1992 by Dr. Linda Thompson Weavil and her husband Robert B. Weavil. Dr. Weavil retired as Professor Emeritus in 2001 after teaching for 31 years in the Love School of Business. This scholarship is for an MBA student or an undergraduate majoring in Entrepreneurship, Finance, International Business, Management, or Marketing. Preference is given to students living in Alamance County, the Triad, or North Carolina.
The Wells Fargo Scholarship
This scholarship was established in 1987 as the First Union Bank Scholarship, renamed when First Union and Wachovia banks merged, and again renamed when Wachovia and Wells Fargo merged. The scholarship provides assistance to students enrolled in the Martha and Spencer Love School of Business.
The Yearwood Family Scholarship
This award was established by David and Amy Yearwood, parents of business administration major J.D. Yearwood ’07, in order to help make the unique opportunities presented through an Elon education available to a greater number of gifted and deserving business students.
Finding scholarships outside of Elon
Finding scholarships should be a yearly search. Foundations, service clubs, churches, and corporations give away millions of dollars of scholarships each year to worthy students. Many Elon students receive these types of scholarships in addition to financial aid in the form of loans that need to be repaid. Students must seek these scholarships on their own.
If you are unsure where to look for outside scholarships and grants, the following scholarship search engines can help you get started:
- Scholarships.com: This free scholarship search service maintains a database of over 3.7 million college scholarship opportunities. Filling out a questionnaire profile will determine your eligibility for scholarships. You’ll then receive a customized list of scholarships for which you are qualified.
- Fast Web Scholarship Search: This free scholarship search site uses a matching algorithm to filter and match scholarships to a student’s profile. This search service maintains a database of more than 1.5 million college scholarship opportunities and will email when a new match scholarship is available.
- College Board’s Big Future Scholarship Search: This free database lists scholarships and other types of financial aid programs from 6,000 national, state, public and private sources, and is updated annually.
We also recommend reviewing the Federal Trade Commission’s advice on how to avoid scholarship scams.