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College of Business

Awards and Scholarships Criteria

Andrew T. Nappi International Study Grant

This scholarship is presented to juniors in the College of usiness who are pursuing a career in the field of insurance and financial services.  Selection criteria include:

  • minimum overall GPA of 3.50,
  • demonstrate commitment to pursing a professional career in insurance and financial services,
  • leadership role in Gamma Iota Sigma/authorized College of Business student organizations,
  • 500-1000 words essay explaining how the study grant will help further the applicant’s education and professional career
  • letter of recommendation from College of Business faculty member.

The APIW Zurich Kathleen Savio Scholarship Fund

This scholarship is to attract women to careers in the risk management and insurance industry.  It is presented mainly to juniors majoring in Risk Management and Insurance, International Business, Finance and/or Actuarial Science.

  • Must submit a one-page personal statement highlighting why they are deserving of the scholarship, their achievements, community impact, and desire to pursue a career in the insurance industry also their view of why it is important to attract a more diverse workforce.

The David and Karen Magers Insurance Foundation Fund 

The purpose of this scholarship is to provide financial support for junior and senior students with a Major or Minor in insurance at Illinois State University.

  • Candidate must be or have demonstrated academic achievement as evidenced by a cumulative Illinois State grade point average of 3.0/4.0 or higher,
  • Candidate will follow the formal application process required by the Katie School of Insurance and Risk Management for its annual financial awards program and preference will be given to students from small communities and to students who are active members of Gamma Iota Sigma and/or Toastmasters International.

The Dean Tambling Scholarship Fund 

  • Provide financial assistance for sophomore or first semester junior at Illinois State University.
  • Candidate should be enrolled in an Insurance class at Illlinois State University
  • Preference will be given to a student enrolled in the honors program.

Edward B. Rust, Jr Katie School Hall of Fame Scholarship Fund

  • Applicants will be majors or minors in Insurance
  • Demonstrate academic and personal achievement with specific requirements determined annually by the Katie School of Insurance and Risk Management

Gerald E Myers Endowed Scholarship Fund

  • Candidates should be part of the Katie School of Insurance and Risk Management

ISAHU – Gregory Smith Memorial Insurance Scholarship.

  • Provide financial support to new incoming students or students in their freshman, sophomore or junior year of study.
  • Candidates will demonstrate involvement and leadership in school and/or community activities, including substantial work and volunteer history

The J. Patrick Gallagher Jr. Endowed Scholarship Fund Administrative Gift Agreement

  • Scholarships will be provided to grade level of freshman, sophomore, junior and senior students.
  • Must be enrolled in insurance major and preference or special consideration to students in insurance and sales.

Katie School Alumni Scholarship

  • Students majoring or minoring in insurance and are new incoming students in their freshman, sophomore or junior year of study.
  • Candidates must demonstrate involvement and leadership in school and/or community activities, including substantial work history.

Lori Goltermann Endowed Scholarship 

  • Applicants must be enrolled as an Insurance Major.
  • Candidates must submit a one-page personal statement highlighting achievements, leadership roles, coursework or internship which demonstrate an interest and ability to promote attracting women to careers in Risk Management and insurance.

Mark Loveall Insurance Scholarship Restricted Fund

  • Qualified applicants will be Majors or Minors in Insurance
  • Students demonstrate academic and personal achievement with specific requirements determined annually by the Katie School of Insurance and Risk Management based on the recruiting and retention needs of the College and the Finance, Insurance and Law Department.

Mark Willis Scholarship Fund

  • Qualified applicants will be majors or minors in insurance.
  • To demonstrate academic and personal achievements with specific requirements determined annually by the Katie School of Insurance and Risk Management

Markel Specialty Scholarship 

  • Student must be a junior in the Insurance and Risk Management major.
  • Student should demonstrate the financial need and must have a minimum GPA of 3.0
  • Applicants must submit a personal statement on their commitment to leadership and share their personal experiences including their campus activates the area of diversity and inclusion.

The Nanette T. Meyer Scholarship Fund 

  • Preference will be given to candidates who are majoring in insurance with interest in underwriting and are new incoming students or students in their sophomore, junior or senior year of study.
  • Demonstrate academic and personal achievement with specific requirements determined annually by the Katie School of Insurance and Risk Management

Nierstheimer – Gurtner -Giese Family Endowed Scholarship Fund

  • Qualified applicants will be majors or minors in insurance and demonstrate academic and personal achievement with specific requirements determined annually by the Katie School of Insurance and Risk Management based on the recruiting and retention needs of the College and the Finance, Insurance and Law Department.

Patrick G. Ryan Endowed Scholarship Fund

  • Qualified applicants will be majors or minors in insurance and demonstrate academic and personal achievement with specific requirements determined annually by the Katie School of Insurance and Risk Management based on the recruiting and retention needs of the College and the Finance, Insurance and Law Department.

The Rockford Mutual Insurance Endowed Scholarship Fund

  • Students must be a grade level of freshman, sophomore, junior or senior.
  • Applicants should demonstrate financial need and must be enrolled as an Insurance major with coursework in Marketing or the Professional Sales sequence.

Sponsorships

The Katie School of Insurance and Risk Management partners with various industry-related companies and organizations to offer sponsorships for students. These sponsorships are monetary and meant to reward students for their efforts in pursuing a career related to risk management insurance. When students submit the application, they are applying for both scholarships and sponsorships. Monetary values vary depending on various criteria set forth by the Katie School and the industry sponsors.