Named scholarships & funds
When it comes to earning a college degree, the greatest obstacle can be funding.
For this reason, The University of ºÚÁÏÊÓÆµ is pleased for the opportunity each year to assist talented, deserving students achieve their dreams, thanks to more than 1,300 named scholarships established through the kindness and generosity of thousands of ºÚÁÏÊÓÆµ alumni and friends, corporations, and foundations.
Scholarships truly are the best way to ensure that today’s students persist to graduation. Scholarships allow students to enroll full time and remain focused on their studies; they also reduce drop-out rates, decrease the stress of student loans, and shorten the road to graduation.
If you are interested in making a significant contribution to student success, please consider a gift to scholarships. You may also establish a named scholarship at The University of ºÚÁÏÊÓÆµ, which can be created to honor a living person, in memory of a loved one, or to contribute to the growth of an area of study.
To learn more, please contact the Department of Development at 330-972-7238.
How do I apply for a scholarship?
This is not the page to apply for scholarships.
Students who want to apply for scholarships should visit the scholarship page on the Financial Aid site. You can find the link for the online application here.
The Department of Development does not accept applications for or distribute scholarships. Scholarships are distributed through the University’s Office of Student Financial Aid.
Search for a Named Scholarship
Thompson, Philip S. Endowed Award for Engineering and Business
The Philip S. Thompson Award for Engineering and Business established in December 2006, and revised in 2011, 2013, 2018, and 2025, addresses the social need for greater diversity in engineering and business leadership. This award was established in memory of Mr. Thompson's mother, Mary Olds, who was the key force behind his persistence and ultimate success. Mr. Thompson's story of achievement serves as a testament to students that success is attainable if a student is committed and focused on doing the work this great University requires. Beyond college, the individual must then take that foundational knowledge and apply it with zeal throughout their career.
Philip Thompson is a 1972 graduate of The University of ºÚÁÏÊÓÆµ with a Bachelor of Science degree in electrical engineering. After graduation, he joined IBM as an Engineer in the product development defense sector. In his 21 years at IBM, he held a series of increasingly responsible roles, covering product engineering management, strategic and operations planning, general management, and worldwide computer integrated manufacturing. Mr. Thompson left IBM in 1993 to become Vice President of Operations for Pitney Bowes Monarch Marking Systems, and in 1994, he became the Senior Vice President of Operations for Zenith Corporation.
In 1996, Mr. Thompson returned to IBM as Vice President of Business Processing Outsourcing, later becoming the General Manager, distribution sector and Vice President of IBM Global Services. He served as IBM's CIO and Vice President of Transformation from 2000 to 2003. In 2004, Mr. Thompson was named Vice President of Emerging Markets, a position he held until his 2005 retirement. During his prestigious career, Mr. Thompson was named as a Distinguished Alumnus ºÚÁÏÊÓÆµ College of Engineering in 2004 and awarded ºÚÁÏÊÓÆµ's prestigious Alumni Honor Award in 2006.
The Philip S. Thompson Award for Engineering and Business will be awarded to one undergraduate student of any engineering discipline involved in the National Society of Black Engineers (NSBE) and one undergraduate business student majoring in finance or accounting involved in the African American Business Association (AABA). The NSBE and AABA are Registered Student Organizations, which are open to all students in good standing at the University. The recipient should demonstrate financial need, an exceptional work ethic, outstanding leadership, and an extraordinary dedication to engineering and/or business administration. Preference will be given to first generation students and/or students who demonstrate commitment and unselfish outreach to family and community. The recipients must maintain a grade point average of 2.8 or higher in engineering or 3.2 or higher in business.
Eligible recipients will be determined ºÚÁÏÊÓÆµ Scholarship Committee in the Office of Student Financial Aid with assistance as needed from the College of Engineering and Polymer Science and/or the College of Business. The award may support tuition and fees and should be applied directly to the recipient's student account.
To make a tax-deductible gift to this award, please visit ºÚÁÏÊÓÆµ’s . Select “A different designation” from the drop-down menu and enter “Philip Thompson Award” in the text box. Thank you!
​