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SBNM Scholarships

The School of Business and Nonprofit Management (SBNM) offers one of the most comprehensive scholarship programs for part-time graduate management students in the nation. A highlight is the Lifetime Learning Scholarship, which grants a 50% tuition discount to all alumni of SBNM graduate degree program for the rest of their lives.

Students receive the best scholarship for which they qualify. With the exception of the Jimmie Alford Scholarship and Paul Peterson Scholarship, multiple scholarships are not awarded.

International students are eligible for all scholarships.

Axelson Scholarship

Award: 35% tuition scholarship
Criteria: Full-time employees of 501c or governmental organizations, or have completed a tour of service with the Peace Corps, AmeriCorp, or Teach for America. Employment status must be verified on organizational letterhead
Details: No scholarship application is required. The scholarship is automatically awarded upon admission to any SBNM graduate program and receipt of paperwork confirming employment status.

Presidential Scholarship

Award: 30% tuition scholarship
Criteria: A cumulative undergraduate or graduate grade point average for a completed degree of 3.65 or above on a 4.0 scale.
Details: No scholarship application is required. The scholarship is automatically awarded upon admission to any SBNM graduate program. This scholarship renews annually with the maintenance of a 3.0 grade point average.

Provost's Scholarship

Award: 20% tuition scholarship
Criteria: A cumulative undergraduate or graduate grade point average for a completed degree of 3.35-3.64 or on a 4.0 scale.
Details: No scholarship application is required. The scholarship is automatically awarded upon admission to any SBNM graduate program. This scholarship renews annually with the maintenance of a 3.0 grade point average.

Dean's Scholarship

Award: 10% tuition scholarship
Criteria: A cumulative undergraduate or graduate grade point average for a completed degree of 3.00-3.34 on a 4.0 scale.
Details: No scholarship application is required. The scholarship is automatically awarded upon admission to any SBNM graduate program. This scholarship renews annually with the maintenance of a 3.0 grade point average.

Students may also qualify for the Presidential, Provosts, and Deans scholarships based on GMAT or GRE scores. For more information please contact Chris Nicholson, Director of Admission by email or phone (773-244-5518). You may also contact Professor Kenneth Schaefle, Director Individual Recruitment by email or phone (773-244-5761).

Armed Forces Scholarship

Award: 20% tuition scholarship
Criteria: Active duty military personnel or full-time National Guard and Reserve personnel (including spouses) from all branches of the armed forces and Coast Guard.
Details: No scholarship application is required. The scholarship is automatically awarded upon admission to any SBNM graduate program and receipt of paperwork confirming military status. This scholarship renews annually with the maintenance of a 3.0 grade point average.

Lifetime Learning Scholarship

Award: 50% tuition scholarship
Criteria: Graduates from any of the SBNM’s graduate degree programs.
Details: No scholarship application is required. This scholarship is automatically awarded upon registration for courses. With the scholarship, SBNM graduates may complete a second degree at a 50% discount..

Association of Fundraising Professionals (AFP) Scholarship

Award: For details and further information regarding the AFP scholarship, please contact Chris Nicholson, Director of Admission, at 773-244-5518 or email.

Jimmie Alford Scholarship

The scholarship is named in honor of Jimmie Alford in recognition of his lifelong interest in young people, his dedication to education and strengthening the nonprofit sector, his loyalty, and his devotion to the cause of Christ.
Award: Varies.
Criteria: Students pursuing a degree or certificate in nonprofit management who have demonstrated academic excellence.
Details: Awarded annually in September. No scholarship application is required. SBNM faculty and staff select the recipient.

Paul V. Peterson Scholarship

Award: Varies. Typically, two or three scholarships are awarded each year.
Criteria: Students pursuing a degree or certificate in nonprofit management who are currently working with the elderly and/or in a faith-based organization with demonstrable evidence of a strong personal sense of faith, ethical orientation, and the potential to make a significant difference in the nonprofit sector.
Details: Awarded annually in April for the following academic year. An application is posted online February and is required to apply.

Note: The Paul Peterson scholarship will not be offered for the 2011-12 academic year.

Mark Farano Memorial Scholarship

Award: Varies.
Criteria: An MBA student who demonstrates strong academic performance and leadership capability.
Details: Awarded annually in June for the following academic year. No scholarship application is required. SBNM faculty and staff select the recipient.

Married Couples Scholarship

Value: Tuition reduction of $100 per course.

Criteria: Applicable when each spouse is taking a graduate course in the SBNM in the same term.

Swedish Covenant Hospital Tuition Discount

North Park University is pleased to provide financial support for employees of Swedish Covenant Hospital (SCH) who enroll in degree programs in either face-to-face or online modalities, according to the following parameters:

  • Full-time employees of SCH who enroll in a degree program at North Park are awarded a blanket grant (discount).
  • This employee discount represents the full amount of financial aid available from North Park and will not be combined with other North Park grants and scholarships available to other students.
  • Students in the School of Business and Nonprofit Management are eligible for a 50% tuition discount.
  • To be eligible for the discount, students must complete an employee verification form available in the Human Resources Department of SCH.
  • Continued employment will be verified annually by North Park University Financial Aid Office.

Alumni Grants for Graduate Studies

For all new graduate students beginning in the fall of 2013, if you received your undergraduate degree at North Park University, you can return for continued coursework with a 20 percent tuition reduction. This grant may be used toward one course or a full program, for in-person or online courses. This grant cannot be combined with any other scholarship/discounts that may be offered to you.

Graduate business scholarships at North Park University