Business Administration Scholarships

  • MSUM offers a variety of Accounting, Business & Finance scholarships for current and incoming students. Scholarships are listed below. Students can also apply for general university scholarships through the Financial Aid and Scholarship Office.

    Applicants are eligible to receive scholarship awards through this process no more than two times while enrolled at MSUM. Awards will not be given to students with more than one prior award.

    Finance and Accounting double majors will be evaluated for scholarship eligibility in both majors once the review process has begun. However, there is no need to apply in both areas. Please submit your applications under the Finance link and, in the area of the application form where it asks for your major, make sure to clearly identify both Finance and Accounting.

    The scholarship application deadline for academic year 2017-2018 (awards to be used Fall 2017, Spring 2018, and/or Summer 2018) is WEDNESDAY, MARCH 1, 2017. Use the links below to apply online.

  • Eligibility

    1. You have officially declared a Business Administration or Finance major.
    2. You have completed prior to the Spring semester a total of at least 60 credit hours with a minimum of 12 credit hours completed at MSUM.
    3. Your overall MSUM GPA must be at least 3.25.
    4. You have completed at least 6 credit hours of Business courses at the 300 level or above at MSUM with a minimum GPA in these courses of 3.0.
    5. You must enroll for at least 6 credit hours of MSUM undergraduate or graduate courses in the following academic year.

    Only students who meet the above criteria and have a complete application will be considered for a scholarship.

    Scholarships Offered

    • Mark A. Anderson Endowed Business Scholarship
    • CW Connie Andrews Endowed Scholarship
    • Business Administration Scholarship
    • Business Divisions Research Award
    • Theodore Bohnet Endowed Scholarship
    • Gate City Bank Endowed Scholarship
    • L. B. Hartz Scholarship
    • Heartland Trust Company Scholarship for Business Students
    • Marjorie K. Matthees Annual Scholarship
    • Olson and Sondag Freshman Scholarship
    • Otter Tail Corporation Scholarship
    • The Rodney and Carolyn Paseka Annual Business Scholarship
    • Scheels All Sports Business Scholarship
    • L. Fran Stella Endowed Scholarship
    • Wells Fargo Endowment

  • George & Marlane Sanderson Paseka School of Business Scholarship

    Applicants who meet the following criteria will be eligible for consideration of the $1,000 scholarship:

    1. Will be properly enrolled as a fulltime student at Minnesota State University Moorhead during the actual disbursement of the award(s).
    2. Will be a freshman student with a major in the Paseka School of Business (Accounting, Business Administration, Finance, International Business, Management, Marketing)
    3. Will have demonstrated high academic performance through a high ACT score and/or a high GPA

    The Marlane Sanderson Graduate Student Scholarship


    1. Applicants must be properly enrolled as a student at Minnesota State University Moorhead during the actual disbursement of the award(s).
    2. Will be enrolled in the Master of Science in Accounting & Finance program OR the Master in Business Administration program.
    3. Will be achieving high academic performance in the graduate program.

    All MSUM students who are single mothers and accepted into the Paseka School of Business are eligible for consideration of this scholarship. Applicants will be evaluated with consideration given to overall GPA.

    GPA in Paseka School of Business courses and number of credits taken in the Paseka School of Business.