History/Purpose

In 2006, MTMA re-instated its Student Scholarship Program that originally began in 1991. MTMA maintains an education committee dedicated to creating and developing collaborative partnerships with public and private colleges and universities. We have teamed with a number of area colleges and universities within Minnesota to further the goal of providing opportunities to our members and to students looking to establish or further a career in Treasury Management. MTMA currently partners with both the University of St. Thomas and St. Catherine University in providing scholarships to support undergraduate students seeking a career in the treasury management profession.

Terms & Conditions

The current annual funding level per partnering college or university is $3,000. Funding of scholarships and funding levels are both subject to annual review by the MTMA board. The length of scholarship agreements vary by partner and can be renewed or extended upon mutual agreement.

MTMA Criteria for Candidates/Recipients:

MTMA has established the following four criteria for scholarship candidates/recipients:

• Each candidate must be a full-time undergraduate student majoring in finance, accounting, economics, or business management, and have strong interest in a treasury management career

• Each candidate must have a minimum 3.0 cumulative GPA

• Recipient must provide one-page bio to MTMA, including field of study, work experience, hobbies, career plans, etc. Details may be used by MTMA for publication of the recipient’s identity, and the recipient unconditionally consents.

• Recipient must agree to attend one monthly MTMA luncheon and/or participate in MTMA’s annual conference

Application/Selection Process

Each partnering college or university is responsible for its selection process, including establishment of internal criteria, administration of the application process and awarding of scholarship. The college or university can decide to award the scholarship amount to one student or divide the amount between two or more students. The college or university must also provide its timeline for the selection process to MTMA, including deadline/instructions for receiving scholarship funding.

Program Growth Opportunities

MTMA’s goal is to expand the size of the Student Scholarship Program by partnering with more local public and private colleges and universities.

MTMA Contact

Please direct questions regarding MTMA’s Student Scholarship Program to:
Kathy Grabowski – Coordinator
Phone: (763) 577-0018
Email: mtmakathy@mtma.com

Updated February 2010