Incoming Student Scholarships: Class of 2020

SUSTAINABLE INNOVATION EARLY MOVER SCHOLARSHIP: $15,000

Eligibility Deadline: December 3, 2018
Award Description: This merit-based scholarship is awarded to a single deserving member of the Class of 2020 whose application demonstrates the highest levels of commitment and achievement pertaining to sustainable business, innovation, and/or entrepreneurship; and future potential as a transformational change agent who will create positive social and/or environmental value through for-profit business models.

Eligibility: All applicants to the program for the 2019/20 year who receive an Admit letter from the Graduate College on or before December 3, 2018 are eligible. At the discretion of the Program Directors, applicants who meet the above eligibility criteria by February 15, 2019 may also be eligible for consideration. Each applicant who meets these requirements (‘Candidate’ hereafter) is automatically considered for this scholarship.

Award Criteria and Process: The Program Directors will evaluate each Candidate based on his or her application materials. All elements of the application will be considered, including but not limited to: the statement of purpose, academic performance, work and volunteering experience, other extra-curricular activities, GMAT or GRE scores, and letters of recommendation.

In evaluating these materials, emphasis is placed on evidence for the Candidate’s commitment and achievement pertaining to sustainable business and innovation—a demonstrated history and/or passion for using the power of enterprise to create mutual value for owners and the local and global communities in which they operate. Other considerations include a Candidate’s commitment and achievement pertaining to social and environmental sustainability more broadly, and evidence of a Candidate’s ability to achieve academic excellence in the program.

Accepting the Award: See the section under the heading, “Acceptance Conditions for all Scholarship Awards.” The recipient remains eligible for all other applicable scholarships awards.


SUSTAINABLE INNOVATION ACHIEVEMENT SCHOLARSHIP (X3): $15,000

Eligibility Deadlines: February 15, 2019; April 15, 2019; & May 15, 2019

Award Description: This merit-based scholarship is awarded to each of three deserving members of the Class of 2020 whose application demonstrates the highest levels of commitment and achievement pertaining to sustainable business, innovation, and/or entrepreneurship; and future potential as a transformational change agent who will create positive social and/or environmental value through for-profit business models.

Eligibility: All applicants to the program for the 2019/20 year who receive an Admit letter from the Graduate College on or before each of the dates listed below are eligible for the associated Achievement awards. Each applicant who meets these requirements (‘Candidate’ hereafter) is automatically considered for this scholarship, which is awarded to a deserving Candidate as of February 15, 2019; April 15, 2019; and May 15, 2019.

Award Criteria and Process: The Program Directors will evaluate each Candidate based on his or her application materials. All elements of the application will be considered, including but not limited to: the statement of purpose, academic performance, work and volunteering experience, other extra-curricular activities, GMAT or GRE scores, and letters of recommendation.

In evaluating these materials, emphasis is placed on evidence for the Candidate’s commitment and achievement pertaining to sustainable business and innovation—a demonstrated history and/or passion for using the power of enterprise to create mutual value for owners and the local and global communities in which they operate. Other considerations include a Candidate’s commitment and achievement pertaining to social and environmental sustainability more broadly, and evidence of a Candidate’s ability to achieve academic excellence in the program.

Accepting the Award: See the section under the heading, “Acceptance Conditions for all Scholarship Awards.” The recipients remain eligible for all other applicable scholarships awards.

IMPACT ENTREPRENEUR NETWORK SCHOLARSHIP: $25,000

Eligibility Deadline: February 15 - April 15, 2019

Award Description: This merit-based scholarship is awarded to a single deserving member of the Class of 2020 who is a member of, or is nominated by a member of, the Impact Entrepreneur Network (https://impactalchemist.com/). This international network of 19,000+ individuals from over 150 countries is focused on the “social entrepreneur 2.0” and the new business ecosystem that supports them. Impact entrepreneurs are pioneering businesswomen and men who have gone a step beyond creating companies that do good in the world to actively building and populating a new paradigm and infrastructure for business founded upon the rigorous application of blended value (i.e., certified triple bottom line).

Eligibility: All applicants to the program for the 2019/20 year are eligible for this scholarship if they (a) are an active member of the Impact Entrepreneur Network since before September 1, 2018 or are nominated for consideration by an active network member (also since before September 1, 2018) in one of the applicant’s three required letters of reference; and (b) receive an Admit letter from the Graduate College on or before February 15, 2019. At the discretion of the Program Directors, applicants who meet the above eligibility criteria by April 15, 2019 may also be eligible for consideration. Each applicant who meets these requirements (‘Candidate’ hereafter) is automatically considered for this scholarship.

Should there be no eligible candidates as of April 15, 2019, the Program Directors have the discretion to award a scholarship in the same amount to any one deserving member of the Class of 2020 who receives an Admit letter from the Graduate College on or before June 14, 2019 as per the award criteria and name of a Sustainable Innovation Achievement Scholarship.

Award Criteria and Process: The Program Directors will evaluate each Candidate based on his or her application materials to select a single deserving Candidate whose application demonstrates the highest levels of commitment and achievement pertaining to sustainable business, innovation, and/or entrepreneurship; and future potential as a transformational change agent who will create positive social and/or environmental value through for-profit business models. All elements of the application will be considered, including but not limited to: the statement of purpose, academic performance, work and volunteering experience, other extra-curricular activities, GMAT or GRE scores, and letters of recommendation.

Accepting the Award: See the section under the heading, “Acceptance Conditions for all Scholarship Awards.” The recipient remains eligible for all other applicable scholarships awards.

SUSTAINABLE INNOVATION INTERNATIONAL STUDENT SCHOLARSHIP: $15,000

Eligibility Deadline: April 15, 2019

Award Description: This merit-based scholarship is awarded to a single deserving member of the Class of 2020 who is a non-U.S. citizen, and whose application demonstrates the highest levels of commitment and achievement pertaining to sustainable business, innovation, and/or entrepreneurship; and future potential as a transformational change agent who will create positive social and/or environmental value through for-profit business models.

Eligibility: All applicants to the program for the 2019/20 year who receive an Admit letter from the Graduate College on or before April 15, 2019 and have the status of non-U.S. citizen are eligible. At the discretion of the Program Directors, applicants who meet the above eligibility criteria by May 15, 2019 may also be eligible for consideration. Each applicant who meets these requirements (‘Candidate’ hereafter) is automatically considered for this scholarship.

Award Criteria and Process: The Program Directors will evaluate each Candidate based on his or her application materials. All elements of the application will be considered, including but not limited to: the statement of purpose, academic performance, work and volunteering experience, other extra-curricular activities, GMAT or GRE scores, and letters of recommendation.

In evaluating these materials, emphasis is placed on evidence for the Candidate’s commitment and achievement pertaining to sustainable business and innovation—a demonstrated history and/or passion for using the power of enterprise to create mutual value for owners and the local and global communities in which they operate. Other considerations include a Candidate’s commitment and achievement pertaining to social and environmental sustainability more broadly, and evidence of a Candidate’s ability to achieve academic excellence in the program.

Accepting the Award: See the section under the heading, “Acceptance Conditions for all Scholarship Awards.” The recipient remains eligible for all other applicable scholarships awards.

SUSTAINABLE INNOVATION INCLUSIVE ACHIEVEMENT SCHOLARSHIP: $15,000

Eligibility Deadline: May 15, 2019

Award Description: This merit-based scholarship is awarded to a single deserving member of the Class of 2020 from an underrepresented group whose application demonstrates the highest levels of commitment and achievement pertaining to sustainable business, innovation, and/or entrepreneurship; and future potential as a transformational change agent who will create positive social and/or environmental value through for-profit business models.

Eligibility: Each applicant to the program for the 2019/20 year who meets the following requirements (‘Candidate’ hereafter) is eligible. Candidates will be considered if they:

i. are a member of one of the following underrepresented groups: African, Latino(a), Asian, Native American, and Bi/Multiracial students) or are a first generation college student in that neither parent (or the parent, as applicable) holds an undergraduate Baccalaureate degree;
ii. are a U.S. citizen;
iii. receive an Admit letter from the Graduate College on or before May 15, 2019;
iv. are not the recipient of the Sustainable Innovation Excellence Scholarship; and
v. communicate their desire to be considered by contacting the Program Specialist (si-mba@uvm.edu) before May 15 and confirming their eligibility.

Award Criteria and Process: The Program Directors will evaluate each Candidate based on his or her application materials. All elements of the application will be considered, including but not limited to: the statement of purpose, academic performance, work and volunteering experience, other extra-curricular activities, GMAT or GRE scores, and letters of recommendation.

In evaluating these materials, the greatest emphasis is placed on evidence for the Candidate’s commitment and achievement pertaining to sustainable business and innovation—a demonstrated history and/or passion for using the power of enterprise to create mutual value for owners and the local and global communities in which they operate. Secondary considerations include a Candidate’s commitment and achievement pertaining to social and environmental sustainability more broadly, and evidence of a Candidate’s ability to achieve academic excellence in the program (e.g., GMAT scores, prior work experience).

Accepting the Award: See the section under the heading, “Acceptance Conditions for all Scholarship Awards.” Receiving this award is also contingent upon confirmation of the eligibility requirements by the Graduate College. The recipient remains an eligible Candidate for all other awards described herein, except the Sustainable Innovation International Student Scholarship.


SUSTAINABLE INNOVATION EXCELLENCE SCHOLARSHIP: $25,000

Eligibility Deadline: June 14, 2019

Award Description: This merit-based scholarship is awarded to a single deserving applicant who joins the incoming MBA Class of 2020, and whose application demonstrates the highest levels of commitment and achievement pertaining to sustainable business, innovation, and/or entrepreneurship, and future potential as a transformational change agent who creates positive social and/or environmental value through for-profit business models.

Eligibility: All applicants to the program for the 2019/20 year who receive an Admit letter from the Graduate College on or before June 14, 2019 are eligible. Each applicant who meets these requirements (‘Candidate’ hereafter) is automatically considered for this scholarship.

Award Criteria and Process: The Program Directors will evaluate each Candidate based on his or her application materials. All elements of the application will be considered, including but not limited to: the statement of purpose, academic performance, work and volunteering experience, other extra-curricular activities, GMAT or GRE scores, and letters of recommendation.

In evaluating these materials, emphasis is placed on evidence for the Candidate’s commitment and achievement pertaining to sustainable business and innovation—a demonstrated history and/or passion for using the power of enterprise to create mutual value for owners and the local and global communities in which they operate. Other considerations include a Candidate’s commitment and achievement pertaining to social and environmental sustainability more broadly, and evidence of a Candidate’s ability to achieve academic excellence in the program.

Accepting the Award: See the section under the heading, “Acceptance Conditions for all Scholarship Awards.” If the recipient was previously selected to receive any other incoming student scholarship(s) described herein, at the discretion of the Program Directors, the recipient may be required to forfeit prior award(s) to accept the Sustainable Innovation Excellence Scholarship.


ACCEPTANCE CONDITIONS FOR ALL SCHOLARSHIP AWARDS

The Candidate selected to receive each incoming student scholarship will be notified via the email address he or she included on the application, typically within a few days following the date listed in the “Eligibility” criteria for the award. Acceptance of the award will be assumed if the recipient has already paid the tuition deposit, barring a request to forfeit the award. If the selected Candidate has not yet paid the deposit, he or she must (a) inform the Program Specialist (si-mba@uvm.edu) of their intent to accept the award within 7 days following the initial notification, and (b) ensure a nonrefundable deposit check in the amount of $500 is received by the Program Specialist within 14 days of the initial notification; should these conditions not be met, the selected Candidate forfeits the award, which will then be offered to the next ranked Candidate.

All scholarship awards will be applied toward tuition balances for Modules 1 through 4, contingent upon the successful completion of the summer online preparation courses and the recipient’s active enrollment in Modules 1 and 2 by August 23, 2019.