Department of Economics Scholarships

Scholarship Name: Kenneth L. Smith and Theresa Kathryn (Klein) Smith Economics Scholarship 

Description: The purpose is to provide scholarship support to Indiana State University students who major in Economics in the Indiana State University College of Arts and Sciences. Recipients are encouraged to pursue a graduate degree after they complete their BS in Economics.

Open To: All on-campus economics majors with a GPA of 3.5 or higher with demonstration of financial need 

Selection Criteria: Awarded an economics major on the basis of scholastic achievement 

Scholarship Name: Dr. Woodrow “Woody” Creason Scholarship:

This scholarship is intended to provide support for students majoring in Economics at Indiana State University.  It has been established through gifts in memory of Dr. Woodrow “Woody” Creason.  Dr. Creason was an ISU professor from 1955 to 1990.


Description: Established in 1989 by Dr. Mitchell's widow, Gladys R. Mitchell, who graduated from Indiana State Teachers College 1914, and their children. Dr. Mitchell was a member of the faculty of Indiana State Teachers College from 1931 to 1952 where he chaired the Department of Social Studies and taught Economics. Scholarship awards are provided through generous contributions by donors to assist you financially in furthering your education.

Open To:

(1) A sophomore choosing economics as area of specialty (2) Showing leadership and academic excellence in field of economics.

Selection Criteria:  Scholastic ability and academic potential


Description: Richard Gemmecke served ISU from 1947 until 1973 as a Professor of History, the first Dean of the College of Arts and Sciences, and as an Associate to the Vice President for Academic Affairs.

Open To: All economics majors with a junior-level status (60-93 hours).  The scholarship will be awarded for the senior year.

Selection Criteria: Awarded to the outstanding junior on the basis of scholastic achievement and contributions to the programs of the Department of Economics