Frederick J. Newton, Jr. Military Scholarship

The endowment shall be awarded to a prior enlisted service member who has received an honorable discharge from the military and is presently enrolled as an undergraduate in the College of Business. The scholarship shall be awarded by the dean of the College of Business. If, in a given year, there is no one that fits the above criteria, the scholarship shall be awarded to an enlisted member of the National Guard that is also enrolled as an undergraduate in the College of Business, or at the discretion of the dean.