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Forrest Sherer Scholarship


  • A Junior or Senior who has earned a cumulative GPA of 2.6 or better who is majoring in business
  • If awarded to junior the scholarship may be renewed (if the student reapplies and is approved and if the contributions to the fund will be sufficient).

Donor Profile

Forrest Sherer was born in Edgar County, Illinois on July 29, 1901. He came to Terre Haute in 1919, and started his insurance agency business in 1920. He subsequently developed the company into the largest in Indiana.

Forrest ShererIn addition to his business activities, Sherer gained much recognition for his civic leadership. He was president of the Indiana State University Foundation, a board member of Rose-Hulman Institute of Technology, a board member of St. Mary-of-the-Woods College and chairman of the development fund for Gibault School for Boys. He also had been awarded an honorary Doctor of Law Degree from Indiana State University. Her served as president of Kiwanis Club, Terre Haute Area Chamber of Commerce and Goodwill Industries, as vice president of Terre Haute Committee for Area Progress and as a director of the YMCA. Sherer was a past president of Wabash Valley Council, Boy Scouts of America, and was the recipient of numerous scouting awards including the Silver Beaver and the Silver Antelope awards. Sherer also served on the board of Merchants national Bank and was involved with the Vigo County Historical Society, Terre Haute Civic Improvement Inc., the James W. Riley Memorial Association and the Rose Dispensary. Forrest passed away on February 22, 1979 aged 77 in Terre Haute and is buried in the Roselawn Garden Mausoleum.

Forrest had a long association with Indiana State University. The photo below shows a scholarship presentation at Forrest Sherer Insurance on December 23, 1960 (Indiana State Archives)

Sherer Insurance Agency scholarship presentation

Past Recipients

  • Caleb Hamilton and Jairus Smith, 2020
  • Kaitlin Goings, 2016
  • Michelle White, 2014
  • Seth Arnold, Kori Brummett, and Jessica Radtke, 2013
  • Brianna Ballard, and Sam Guerra, 2012
  • Jessica Anderson, Chase Gray, and Derek Lex, 2010
  • Rod Blake, Chase Gray, and Derek Lex, 2009
  • Rod Blake, Cari Deacon, and Chase Gray, 2008
  • Heather Lark, Erin Pell, Andrew Pyle, and Sylvia Zamarripa, 2007
  • Kaitlin Korosi, Allison May, Victoria Trench, and Rachel Williams, 2006
  • Adam Jurs, Ivan Santoso, Michelle Turner, and Jamie Wagner, 2005
  • Bradley Clark, Halee Howard, and Michelle Turner, 2004
  • Nathan Atwood, Monte Edwards, Jr., Brett Hoopingarner, and Sekou Kanate, 2003

Applications for the scholarships and other awards on these pages should be made through The Branch. Clicking the link will take you to The Branch instruction page.

Scholarships for Business Programs