Bachelor
$1,000 per year
The Mary Lois (Henderson) Stanislav Nursing Scholarship was established to provide an enduring reflection of the love and commitment to the field of nursing by Mary Stanislav. After obtaining her Bachelor of Science in Nursing at Ball State University in 1971, Mary went on to have a deeply meaningful 41-year career across numerous facets of the nursing profession.
Incoming freshmen students pursuing a major in nursing, with an academic index of 3.0 or higher, or transfer students with a minimum GPA of 3.0 on a 4.0 scale;
Demonstrated financial need;
Renewable for three years thus allowing a total of four years eligibility provided the student continues to meet the stated criteria and a GPA of 3.0 on a 4.0 scale.
Benefits
The fund was established as a Stable Value Endowment. Endowed scholarships are permanent funds. Spending from endowments is limited to the payout and spending rates approved by the Foundation’s Board of Directors. Every spring the Approved Amount will be calculated from the sum of the Spendable Amounts posted during the prior calendar year. The Approved Amount will be available for awards for the upcoming academic year – which can vary year to year. Until this fund can produce the amount preferred by the donor, an expendable gift of $4,000 has been made to support a $1,000 award for 4 years.
Donor has given an expendable gift of $4,000 to fund a renewable scholarship for 4 years while the fund is growing. Intent is for $1,000 per year until fund reaches endowment then amount is not specified.
Application
All qualified School of Nursing students are automatically considered for all scholarships. There is no application process. Award recipients will be notified during the spring semester regarding awards for the following academic year.