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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 due by Friday, Feb. 5, 2016. 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.

LAGRANT Foundation Scholarship: $2,500

Awarded to current freshmen, sophomores, juniors and non-graduating seniors who meet the criteria and complete an application. Only students majoring in a field of study that has an emphasis in advertising, marketing or public relations will be considered.

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.

Federated Mutual Insurance Leadership Scholarship: $1,500

Awarded to a junior majoring in business in the Opus College of Business with a GPA of 3.00 or higher and demonstrating involvement in extracurricular activities or work experience related to their major. Qualified applicants will be invited to apply in their junior year with the scholarship being applied to their 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. 

Download the 2015 Undergraduate Accounting Scholarship Application (PDF)

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 2014-2015 academic year are eligible. (Seniors graduating in May of 2015 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 are due Friday, March 20, 2015. They can be emailed to Nicole Matter at 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 2014-2015 academic year are eligible. (Seniors graduating in May of 2015 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.

All materials are due Friday, March 20, 2015.

Submissions can be emailed to Nicole Matter at or sent by campus mail to SCH 435.

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