Scholarships and Awards

Cupola atop a building on the Molloy University campus

Scholarships and Awards


In addition to options provided by the Office of Financial Aid and those available to military and veteran students, students may be eligible for other scholarships and awards administered by the School of Business.

  • Theresa Ahlstrom / KPMG Scholarship

    The scholarship is awarded to students with the following qualifications: 

    •          Pursuing a degree in accounting at or above the undergraduate level.
    •          Have demonstrated financial need.
    •          Have an overall and accounting cumulative index of at least 3.3.     

    The Scholarship will be administered through the Financial Aid Office based upon recommendations provided by members of the School of Business.

    Recent recipients:

    2023: Samantha Clune, MBA Accounting

  • Dawn DiStefano Business and Marketing Scholarship

    The Dawn DiStefano Business and Marketing Scholarship was established by Dr. Dawn DiStefano, Associate Dean for Undergraduate Programs, in June 2017.  The scholarship is awarded every spring to a student that demonstrates service to the community.

    The criterion for the scholarship is as follows:  

    • all sophomore or juniors majoring in management or marketing are eligible.  
    • a senior level student majoring in management or marketing may be considered if planning to continue graduate studies in management or marketing, and 
    • must have a 3.3 GPA.

    Consideration will be given to:

    • juniors and seniors majoring in finance who are either completing or have completed the BUS 4900 Capstone course (in the same semester applying for the said scholarship).
    • and is planning to continue graduate studies in management, marketing, finance, or economics, and
    • must have a 3.3 GPA.

    Recent recipients:

    2023: Jaclyn Schuman, BS Management, Dual Degree

  • Dr. Robert Goch Memorial Scholarship

    The Dr. Robert Goch Memorial Scholarship is awarded to students with the following qualifications:

    1. An undergraduate and graduate student enrolled as finance major in business.
    2. The student must have completed nine credits in finance.
    3. The undergraduate student must have GPA of 3.0 and graduate student must have a GPA of 3.5.
    4. The student must write a 200 to 250-word essay on “why they are passionate about finance and how they live an aspect of the School of Business Mission in their daily life.”

    The essay committee will blindly review all submissions. The committee will consist of three full-time faculty with at least one who regularly teaches in the finance discipline. The committee will be appointed annually by the Dean of the School of Business.

    This scholarship is a one-time award (up to $500) and is announced yearly at Class Night.

  • Sister Judy Olsen Scholarship

    The Sister Judy Olsen Scholarship is awarded to students with the following qualifications:

    1. A full-time undergraduate student enrolled in a degree program in business.
    2. The student must have completed 32 credits at Molloy.
    3. The undergraduate student must have GPA of 3.0 and graduate student must have a GPA of 3.5.
    4. The student must write a brief essay on “how they live an aspect of the School of Business Mission in their daily life.”

    Sr. Judy Olsen will review the essays and determine the winner. If she is not available, the Dean or representative from the School of Business will make the final selection.

    This scholarship is a one-time award (up to $500) and is announced yearly at Class Night.

  • Winans Family Scholarship—It Begins with YOU

    In the Spring 2019 semester, First Lieutenant Joshua Winans, a Molloy Business alumnus established The Winans Family Scholarship - It Begins with YOU Fund.  The scholarship is given every spring to an undergraduate student that demonstrates service to their community.

    The criterion for the scholarship is as follows:  

    • all sophomores or juniors majoring in accounting, economics, entertainment and sports management, finance, management, or marketing are eligible.  
    • a senior level student may be considered if planning to continue graduate studies. 
    • must have a GPA of 3.3 or above.

    Recent recipients:

    2023: Gianna Iovino, BS Economics

  • Scholar Athlete Award

    This award is presented to an outstanding senior athlete who exemplifies superior sportsmanship, academic achievement and ability. Those considered must have a minimum GPA of 3.2.

    Recent recipients:

    2023: Sarah Tappeto, BS Accounting, Dual Degree

  • The Alumni Award

    This award is presented to a member of the graduating class who best characterizes a spirit of service and loyalty to the Alma Mater and will serve as class agent between the Alumni Association and his/her class. To be eligible, a student must have earned at least 60 credits at Molloy.

    Recent recipients:

    2023: Liam Burden, BS Marketing, Dual Degree

  • Capstone Anniversary Scholarship

    The Capstone Anniversary Scholarship at Molloy University is awarded to one or more Undergraduate Capstone students from the fall and spring semesters. The award will be $500 given to the selected student(s) who has met the following criteria:

    • The student will need to have completed an undergraduate capstone experience in fall or spring of his or her graduating year.
    • The student must have a 3.5 GPA or better.
    • The student must demonstrate the following behaviors and characteristics:
      • Collegiality
      • Collaboration
      • Mentoring support of his/her team members
      • Leadership

    The student does not need to demonstrate financial need.

    Each semester, all business undergraduate capstone students from the classes offered that academic year will have an opportunity to nominate one or more colleague(s) that most represents the above criteria. The nomination period is one week. The Dean, Associate Dean, and capstone professors of the School of Business will review all nominations and select the award winner(s).

    The award will be announced at the School of Business Class Night.

    Recent recipients:

    2023: Alexandra Avner, BS Management and Jaclyn Schuman, BS Management, Dual Degree

  • Mother Cabrini Health Foundation Service Scholarship

    Supported by a grant from the Mother Cabrini Health Foundation, teams of faculty and students of the School of Business work with area nonprofit professionals who provide need-based services and programs to historically marginalized populations. These teams are formed to help leaders address professional development and community capacity building challenges at their organizations.

    Multiple service scholarships are available in amounts ranging from $2,500–$5,000 per semester.

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