Scholarships and Awards

A number of scholarships and awards are available for Commerce undergraduate students through generous support from individual donors, corporations, and private businesses. These awards are based on some combination of academic merit, extra-curricular activities, community/university/college service, and need. Generally awarded on a yearly basis, some of these scholarships and awards are renewable. The stipends range from $500-$2,500. These scholarships help us attract the best students to Illinois and provide rewards for outstanding performance once here. The need-based scholarships help superbly qualified students get the outstanding education offered at the University of Illinois that might otherwise be denied them because of cost.

Gloria A. Dauten, president of Dauten Enterprises, Ltd., has made a deferred gift of $50,000 to the College of Commerce for the Gloria and Paul Dauten Scholarship Fund, to be used for need-based scholarships. Paul M. Dauten (deceased 1980) taught management in the Department of Business Administration from 1954 until his retirement in 1979. He was the co-founder of the Academy of Management. Gloria Dauten remains active with the college and university. She joined the Presidents Council in 1983 and became a member of the Commerce Business Advisory Council in 1994.

Jane E. Green has made a bequest of $30,000 to be added to the Paul M. Green Scholarship Fund, in memory of her father, Paul Green, who was dean of the college from 1952-1967. The scholarship is awarded to the incoming MBA student with the highest academic credentials.

Wendell W. and Ruth E. Hahn have pledged a gift of $40,000 in support of undergraduate scholarships; half for the College of Commerce and half for undergraduates throughout the university. These scholarships are in memory of their son Steven who died suddenly at age 32. He was survived by three sons, the oldest of whom is now a freshman at the University of Illinois College of Engineering.

Wendell earned a bachelor's in marketing in 1956. He is the retired president and chairman of the board of Federated Business Systems, Inc. The couple live in Springfield.

Allied-Signal, Inc., has made a gift of $75,000 to the University of Illinois. $10,000 of that gift is for the College of Commerce to recruit and retain minority students in the MBA Program through the Diversity Initiative.

Amoco made gifts totaling more that $20,000 in fiscal '96 and '97 to support undergraduate scholarships and the Investors in Business Education Program. Square D Company's most recent contribution to the college, $20,000 was used to fund ten undergraduate scholarships. Square D is part of Groupe Schnieder, the world's leading manufacturer of electrical distribution, control and automation equipment.