For DonorsFor Applicants

Edward Dorsey, Jr. Memorial Scholarship

Funded by
$1,000
1 winner$1,000
Awarded
Application Deadline
Oct 15, 2024
Winners Announced
Nov 15, 2024
Education Level
Undergraduate
Eligibility Requirements
Education Level:
Undergraduate student
Race:
Black
GPA:
2.75 GPA or higher
Field of Study:
Business administration or finance

A racial gap in business administration or finance degree attainment has led to an underrepresentation of Black decision-makers in the world of business.

When industries lack diversity, students who may be interested in pursuing them may be discouraged or intimidated due to the underrepresentation they see. Boosting diversity in business requires improving accessibility and encouraging the next generation to stick with their goals.

This scholarship aims to support Black students as they pursue higher education, enabling them to succeed and become the business leaders of tomorrow.

Any Black undergraduate student with at least a 2.7 GPA who is majoring in finance or business administration may apply for this scholarship.

To apply, tell us how you plan to use your education to pave a path for Black people to enter into and thrive in the business field.


Selection Criteria:
Ambition, Drive, Impact
Published June 6, 2024
Essay Topic

How do you plan to use your education to build a better path for Black people in the business world?

400–600 words

Winning Application

Jordan Carter
Florida Agricultural and Mechanical UniversityApopka, FL
As a rising sophomore at Florida Agricultural and Mechanical University (FAMU), I have already witnessed the power of education in transforming lives. From my involvement in the Minority Leadership Scholars club in high school to my current roles in the campus activities board and the Business Living Learning Community, I have always been committed to using my education to uplift others, particularly in the Black community. This commitment will continue as I pursue a degree in business administration with the goal of creating pathways for Black people in the business world. Growing up in Orlando, I saw firsthand the challenges that Black entrepreneurs and professionals face. My mother, a small business owner, often struggled with limited access to resources and networks that are crucial for business growth. Inspired by her perseverance, I made it my mission to leverage my education to address these systemic barriers. At FAMU, I have taken courses that delve into the economic and social factors affecting minority communities, and I have applied this knowledge through internships and campus leadership roles. One significant way I plan to use my education is by establishing mentorship programs that connect Black students and young professionals with experienced business leaders. These programs will provide guidance, support, and networking opportunities that are often inaccessible to those from underrepresented backgrounds. My experience as the senior class vice president in high school and as the treasurer of the upcoming Orlando club at FAMU has equipped me with the organizational skills necessary to launch and sustain such initiatives. Additionally, I aim to advocate for policies that promote diversity and inclusion within corporate structures. During my internship as a campaign manager, I developed skills in communication and advocacy that I will use to influence business practices and policies. By promoting the benefits of a diverse workforce and inclusive leadership, I hope to create environments where Black professionals can thrive. In my sophomore year, I am also focusing on community service, particularly projects that support Black-owned businesses. As a member of the community service committee for the campus activities board, I have organized events that raise awareness and funds for these businesses. These initiatives not only provide immediate support but also foster a sense of solidarity and empowerment within the community. My education at FAMU is not just about acquiring knowledge; it is about using that knowledge to create real, tangible change. By continuing to engage in leadership roles, community service, and advocacy, I am committed to building a better path for Black people in the business world. My ultimate goal is to see a future where Black entrepreneurs and professionals have equal opportunities to succeed and where their contributions are recognized and valued. In conclusion, my journey at FAMU is just the beginning of a lifelong commitment to empowering the Black community through business. I believe that by creating mentorship programs, advocating for inclusive policies, and supporting Black-owned businesses, I can make a meaningful impact. With a strong educational foundation and a passion for social justice, I am dedicated to building a brighter future for Black people in the business world.

FAQ

When is the scholarship application deadline?

The application deadline is Oct 15, 2024. Winners will be announced on Nov 15, 2024.