Economics Scholarships

Economics


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The deadline for the receipt of Scholarship Applications has passed.

The Department of Economics is pleased to announce that electronic applications are now being accepted for four scholarships:  The $1,000 Thell Scholarship in Economics, the $1,500 Carolyn and Richard Lichty Scholarship in Economics, the $1,500 David A. and Roberta J. Vose Scholarship in Economics, and the $1,500 Economics Scholarship Award (in memory of Jim Davis).   The scholarships will be awarded in Fall Semester 2017.  In order to be eligible, you must be enrolled as an Economics BA or Economics BBA major in Fall 2017 (for the Economics Scholarship Award (in memory of Jim Davis), students who are enrolled in Fall 2017 as a Health Care Management major with an officially declared Economics Minor are also eligible).  Please note that only Economics BA Degree Program students are eligible for the David A. and Roberta J. Vose Scholarship.  Should you not continue as the major/minor specified in the scholarship eligibility criteria, you will forfeit your scholarship.

Please see below for information on each scholarship and the link to apply electronically.

Thell Scholarship

The $1,000 Thell Scholarship in Economics has been established to assist deserving undergraduate students at UMD who are pursuing a major in Economics.  Joseph Thell is a 2000 graduate of the Department of Economics.

To be considered eligible for the Thell Scholarship, students shall, at the beginning of the semester in which the award will be made:

  • Be a sophomore, junior, or senior full-time student who has officially declared a major in Economics
  • Have a cumulative GPA of at least 2.8
  • Demonstrate financial need
  • Preference will be given to a student who is considered "active" in the department (an "active" student may include: a member of the Economics Club; a member of the Omicron Delta Epsilon (ODE) International Honor Society; a student who is working on or completed an Undergraduate Research Opportunities Program (UROP) project; a student who is working on or completed an independent study (outside traditional catalog classes); a student who has worked as an Undergraduate Research Assistant (including those working at the Bureau of Business and Economic Research); etc.)

To apply for the $1,000 Thell Scholarship, please click on the link below.

Thell Scholarship Application

Carolyn and Richard Lichty Scholarship

The $1,500 Carolyn and Richard Lichty Scholarship in Economics has been established to assist deserving upper division undergraduate students at UMD who are pursuing a major in Economics.  Dr. Richard Lichty is a Professor Emeritus of the Department of Economics; he retired from the department in Spring 2007.

To be considered eligible for the Carolyn and Richard Lichty Scholarship in Economics, students shall, at the beginning of the semester in which the award will be made:

  • Be registered for 15 semester credits or more 
  • Have officially declared a major in Economics
  • Be a junior or senior in good academic standing
  • Have completed all specific lower division courses required of a major in Economics
  • Have at least a 2.5 GPA in all lower division courses that will be offered to satisfy requirements for the B.A. or B.B.A. Degree
  • Have at least a 2.5 GPA in all specific lower division courses required of a major in Economics, calculated separately

The scholarship may be renewable for one additional year providing the student shall maintain enrollment at 15 semester credits or more and maintain at least a 2.5 GPA for all courses offered to satisfy the requirement for a B.A. or B.B.A. Degree with major in Economics at UMD.

Preference shall be given to a student who can show financial need and participates in extracurricular activities.

To apply for the $1,500 Carolyn and Richard Lichty Scholarship in Economics, please click on the link below:

Carolyn and Richard Lichty Scholarship Application

David A. and Roberta J. Vose Scholarship

The $1,500 David A. and Roberta J. Vose Scholarship in Economics has been established to assist deserving upper division undergraduate students at UMD who are pursuing a Major in Economics for the B.A. Degree.  Dr. David A. Vose served as Dean of LSBE from 1977 until 1992; in 1992 he returned as a faculty member to the Department of Economics.  Dr. Vose retired in 2002.  Roberta J. Vose is a graduate of UMD, earning the B.A. Degree with a major in Sociology.

Limited eligibility to students in the Economics B.A. Degree Program.  To be considered eligible for the David A. and Roberta J. Vose Scholarship, students shall, at the beginning of the semester in which the award will be made:

  • Have officially declared a major in the Economics B.A. Degree Program
  • Have completed all specific lower division courses required of a B.A. major in Economics
  • Have a 3.25 GPA in all lower division courses that will be offered to satisfy requirements for the B.A. degree
  • Have a 3.25 GPA in all specific lower division courses required of a B.A. major in Economics, calculated separately
  • Have no more than 65 semester credits remaining for completion of all requirements for the B.A. degree with major in Economics

Financial need shall be considered but shall be considered a secondary factor relative to academic achievement. This Scholarship shall be renewable for one additional year providing the student shall maintain enrollment at 15 semester credits or more and maintain a 3.25 GPA for all courses offered to satisfy the requirements for B.A. degree.

To apply for the $1,500 David A. & Roberta J. Vose Scholarship in Economics, please click on the link below:

David A. and Roberta J. Vose Scholarship Application

Economics Scholarship Award (in memory of Jim Davis)

This $1,500 scholarship is funded by the faculty and staff of the Department of Economics and is awarded in the memory of Jim Davis, former student, and his appreciation of undergraduate education in economics. The guidelines for this scholarship are:

  • Have officially declared a major in Economics or officially declared a major in Health Care Management with an officially declared Economics Minor
  • Be full-time student
  • Have at least junior standing (at the time of application)
  • Have a GPA of at least 3.2
  • Jim appreciated the role of critical thinking in economics and the importance of being able to clearly communicate ideas. In recognition of this appreciation, the faculty of the Department of Economics ask that students complete an essay of 500 words describing what, in your opinion, might be an important economic issue in the 21st century (e.g., labor, environment, globalization, etc.). Be sure to define the issue and explain why it will be important.

To apply for the $1,500 “Jim Davis Scholarship,” please click on the link below:

Economics Scholarship Award (in memory of Jim Davis) Application