USF Offers Scholarship For Non-Profit Leaders To Earn Executive MBA

TAMPA, Fla. (March 21, 2008) -- Executives from charitable agencies seeking to hone their business skills – and apply them in the non-profit arena – are invited to apply for a $20,000 scholarship to the Executive MBA program at the University of South Florida in Tampa. Deadline to apply for the scholarship is June 1, but applicants are strongly encouraged to apply early as classes begin in August.

Applicants must:

• have at least five years managerial experience

• have a proven record of commitment with a Tampa Bay 501 (c)(3) non-profit agency

• commit to at least three additional years service to a local non-profit upon graduation

• have an undergraduate degree from an accredited institution

• have a GMAT score of 500 or higher.

This scholarship is not limited to those with a business degree. Applicants who hold degrees in other fields, such as juvenile justice, psychology, social work, or education are eligible to apply.

With curriculum that is practical, timely, and immediately useful, this fast-paced four-semester cohort program allows even the busiest senior-level professionals to maintain career responsibilities while earning an MBA. Careful, day-long scheduling requires students to spend just one Friday and two Saturdays per month in the classroom, providing students flexibility and control over self-directed and team study. Program specifics can be found online at www.emba.usf.edu.

The scholarship covers nearly half of the $40,000 fees for the 20-month program. The remaining fees (plus mandated tuition increases) will be pro-rated and payable at the beginning of each of the four semesters of the program. Applicants may apply for Stafford Loans through the USF Office of Financial Aid to help defray these expenses. Some employers offer tuition reimbursement programs that may help offset expenses.

This is the eighth year USF has offered a scholarship for not-for-profit executives. Past recipients include professionals from United Way, Big Brothers Big Sisters, Metropolitan Ministries, MacDonald Training Center, and Hillsborough County Aging Services.

All scholarship applicants are required to take the GMAT. Applications must include a completed Executive MBA Preliminary Application form (with a note indicating application is for the Not-for-Profit scholarship), two letters of recommendation, a statement of support from a current employer, university transcripts and a current resume. All documents can be found at http://coba.usf.edu/programs/emba/apply.html.

For more information, call (813) 974-4876.