BGS Scholarship Program - Scholarship Application
In 1988, the Beta Gamma Sigma Board of Governors established a scholarship program to award scholarships to deserving student members. The annual awards are available to undergraduate or master’s student members enrolled in a business administration program at a college or university accredited by AACSB International.
The current program, as revised by the Board of Governors in 2003, provides a $1,000 scholarship award to a student member from each chapter that:
- achieves a 70% or greater membership acceptance rate overall - which also qualifies a chapter to be recognized as an Exemplary Chapter- in the previous year and whose Dean’s office provides $500 in matching funds to the Society’s $500 contribution. The 70% membership acceptance rate must be recorded on the Survey of Membership Acceptance Rates form and returned to the Central Office by the deadline; or
- achieves an 85% or greater membership acceptance rate at a specific degree level (undergraduate or master's level) in the previous year and whose Dean's office provides $500 in matching funds to the Society's $500 contribution. The 85% membership acceptance rate must be recorded on the Survey of Membership Acceptance Rates form and returned to the Central Office by the deadline.
In addition, any chapter reaching the 85% membership acceptance rate (overall) is recognized as a Premier Chapter and automatically qualifies to award a $1,000 BGS Scholarship. The Premier Chapter recognition pre-qualifies the chapter for the Outstanding Chapter program.
The program is set up so that collegiate chapters select one student to receive the scholarship award. The competition is open to juniors, seniors and master’s students. Chapters can select a current chapter member, an alumnus of the chapter or a student who will be invited to become a BGS member during the spring of the nominating year. Each chapter’s scholarship recipient must complete the BGS scholarship application. However, chapters use various methods for selecting their recipients.
Qualifying chapters must confirm their participation and availability of matching funds in January with a deadline for returning the winning applications to the Central Office in late Spring. Winners are announced in April/May.
Through the BGS Scholarship Program, the Society has helped more than 600 outstanding students of business reach their educational goals. As the program continues to expand, more students will benefit in the future. To date, more than $1 million has been awarded to outstanding student members through the program.
2010 Recipient – Jennifer Cheray