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Thomas and Kathleen Fingleton, Alan Krabbenhoft and Tyler Downhour.

Strong belief in enterprise produces business scholarship

November 20, 2015
KOKOMO, Ind. — Thomas and Kathleen Fingleton have created an opportunity for first-generation students to succeed in the business world by establishing a scholarship at Indiana University Kokomo.

“I have a soft spot for IU Kokomo since it was where I first received my educational foundation,” Fingleton said.

Fingleton was a first-generation student himself, so this is a chance for him to create a scholarship to support others like him.

The Fingletons donated $150,000 to the IU Kokomo School of Business to create the Thomas and Kathleen Fingleton Scholarship, to be given annually to a first-generation student majoring in business.

Tyler Downhour, from Galveston, is excited to be the first recipient.

“It definitely motivates me even more to succeed and keep working hard,” said Downhour, a sophomore. “It shows me that someone believes in me and is interested in seeing me succeed. It means a lot to me.”

The student must have a GPA of 2.5 on a 4.0 scale, have completed a minimum of 30 credit hours, major in business, and live in one of the 14 counties that IU Kokomo serves. These counties are Howard, Carroll, Cass, Clinton, Fulton, Grant, Hamilton, Madison, Miami, Pulaski, Tipton, Wabash, and Tippecanoe.

“The magic behind the Fingleton Scholarship is the ability to transform lives,” said Alan Krabbenhoft, dean of the School of Business. “The hope is that this scholarship takes off a good deal of financial pressures first-generation students may feel.”

The amount will be equal to two-thirds of the combined amount of one year’s tuition and fees for the School of Business. The scholarship is renewable up to two years, providing that the recipient meets requirements, and is on track to graduate at the end of its duration. There will be one recipient awarded the scholarship each year.

“This is not about Kathleen and me; it’s about creating opportunities for students to succeed in the business world,” said Fingleton. “We hope that students capitalize on this opportunity.”

The School of Business scholarship committee will determine the amount and recipients of the scholarship. To apply, contact Terri Butler in the School of Business at tbutler@iuk.edu, or 765-455-9275.

For more information about the scholarship, contact the Office of Scholarships and Financial Aid at (765) 455-9216 or by email at finaidko@iuk.edu.

Story written by Kambren Stanley. Kambren is a student writer in the Office of Media & Marketing.

Indiana University Kokomo serves north central Indiana.

Last updated: 11/20/2015