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Scholarships

Nearly all incoming freshmen students receive an institutional commitment in the form of an award or scholarship from the University of St. Thomas.

Students walk past the McNeely statue

The scholarship opportunities listed here are available to students in the Opus College of Business. For more information about additional scholarships and financial aid, visit the Office of Undergraduate Financial Aid.

Willis Drake Young Entrepreneurship Scholarship: $2000

Awarded each year to incoming freshmen planning to major in the entrepreneurship program, the Willis Drake Young Entrepreneurship Scholarship recognizes two incoming first-year students who demonstrate outstanding entrepreneurial potential and intend to major in Business with a concentration in Entrepreneurship.

The scholarship in the amount of $2,000, is awarded during the first year.

Prospective freshmen admits with expressed interest in entrepreneurship will be invited to submit a scholarship application. Faculty from the Entrepreneurship Department will review applications and notify the winners by early March.

The donor of the Young Entrepreneur Award believes that successful entrepreneurs are recognized for being hardworking, responsible, goal-oriented, creative, skillful leaders, good citizens, good students, achievers, and people who enjoy a job well done.

Association of Finance Professionals: $3,000

Awarded to a student majoring in finance with a GPA of 3.25 or higher and an interest in a career in treasury or the financial management field. Qualified applicants of junior standing will be invited to apply in the spring of their junior year. The scholarship is applied to the awarded student’s senior year.

Accounting Department Scholarships

The Accounting Department awards merit-based scholarships funded by corporations, public accounting firms, the Minnesota Society of Certified Public Accountants and private donors, as well as two scholarships which honor the memory of two accounting faculty: Frank J. Coglitore, whose specialty was auditing, and Patrick McGowan, who taught tax accounting. While the scholarships are merit-based and competitive, the only requirements are a declared accounting major by March, and junior or senior standing by the upcoming fall semester. 

Accounting students may also wish to investigate the scholarships offered by the Minnesota Association of Public Accountants (MAPA).

Pentair Scholarship for Entrepreneurship

This scholarship recognizes one outstanding student-entrepreneur in the entrepreneurship program; the recipient embodies the highest characteristics of a St. Thomas student and an entrepreneur. Students who will be juniors or seniors are eligible, with the scholarship awarded during the students’ senior year.

  • Students who will be juniors or seniors after the current academic year are eligible. (Seniors graduating in May of this academic year are not eligible.)
  • Must be a declared major in entrepreneurship.
  • The criteria for the award are creativity, initiative and success. The applicant should provide evidence that he or she, through his or own creative initiative, started or operated a business while a student at St. Thomas.
  • The activity should be one in which the student recognized a special opportunity, acquired the necessary resources and followed through on the implementation.
  • Applications will be reviewed and recipients chosen by a committee of the entrepreneurship faculty.

The scholarship application and supporting materials can be emailed to Nicole Matter at nicole.matter@stthomas.edu or mailed to SCH 435.

Murray and Ruth Harpole Scholarship

Funded by gifts from Mr. and Mrs. Murray Harpole; Mr. Harpole was one of the founders of and served as CEO of the Pentair Corporation.

  • Students who will be juniors or seniors after the current academic year are eligible. (Seniors graduating in May of the current academic year are not eligible.)
  • The scholarship requires that student is qualified for need-based financial aid.
  • Minimum GPA of 2.5 required.
  • Involvement in Entrepreneurial Society will be important consideration.
  • Must be a declared major in entrepreneurship.

Submissions can be emailed to Nicole Matter at nicole.matter@stthomas.edu or sent by campus mail to SCH 435.

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