Finance, Insurance and Law Funds

Total funds:  21

EIF Faculty Support Fund

The EIF Faculty Support Fund was established in 2010 by the Department of Finance Insurance and Law. The intention is for donations from alumni and friends of the finance program and the Educational Investment Fund course to endow the fund. The purpose of the fund is to support faculty members who teach courses linking investment theory with practice as they mentor and support sutdents. Activities supported by the fund will include travel, equipment, and enhancement of teaching, research assistance, summer research stipends, and related support.

Finance, Insurance and Law General Fund

The Finance, Insurance and Law General fund was established in 1978 to provide support for the activities, programs and operations associated with the department. The Finance, Insurance and Law is a department in the College of Business.

Additionally Supports: COUNTRY Financial Distinguished Junior in Finance, COUNTRY Financial Distinguished Senior in Finance

Educational Fixed-Income Enhancement Fund

The students in the class FIL 346: FIxed-Income Analysis and Portfolio Management, under the guidance of the course instructor and Department of Finance, Insurance and Law professors, will recommend investment trades and transactions within the Fund. During periods when the class is not in session, the governing team will be soley responsible for all transactions. COUNTRY Financial or another brokerage firm approved by Illinois State University Foundation will provide trade execution, viewing, custodial, book-keeping, and addministrative services for the Fund.The purpose of this fund is to provide student scholarships, faculty support and professional development and expesenses associated with the course.

Laverne Cox College of Business Alumni Scholarship

This endowment was established in 1980 by family, friends, and colleagues to recognize a deceased College of Business faculty member and provide financial support for ISU students in the College of Business. Assets of this endowment are invested in the Illinois State University Endowment Investment Pool. The Laverne Cox College of Business Alumni Scholarship was established in 1980 by family, friends, and colleagues to recognize a deceased College of Business faculty member and provide financial support for ISU students in the College of Business.

EIF Enhancement Fund

The EIF Enhancement Fund was established in 2000 to support the general operating needs of the Educational Investment Fund course at Illinois State University. The Educational Investment Fund (EIF) course provides a real-world investing opportunity for students who have a strong academic background in finance, as well as academic and career goals that match the course objectives. Participants are responsible for managing an actual portfolio of securities in a challenging, hands-on learning experience. The EIF Enhancement Fund covers the cost of EIF student scholarships, technology and databases used by EIF students, and other EIF activities that support the experiential learning in the EIF course.

Financial Planning and Analysis Support Fund

The Financial Planning and Analysis Support Fund supports the initiatives related to the Institute for Financial Planning and Analysis, such as education and outreach to the university and broader community, student professional development, financial literacy, workshops, internships, speaker series, technology student scholarships and more.

Kevin Stevens -ClearPointe Financial Group Scholarship for Financial Planning

The Kevin Stevens -ClearPointe Financial Group Scholarship for Financial Planning was established in 2020 as an annual award for a junior or senior enrolled as a Financial Planning minor. Preference given to students with financial need.

Additionally Supports: Kevin Stevens -ClearPointe Financial Group Scholarship for F

Caring Cetera Diversity Scholarship in Financial Planning

The Caring Cetera Diversity Scholarship in Financial Planning provides support for a student in the College of Business with a minor in Financial Planning. Preference given to a student with demonstrated financial need.

John Jaburek Endowed Scholarship

The John Jaburek Endowed Scholarship was established in 2020 to provide funds to recruit students into the Finance program. To qualify, candidates must be enrolled in the College of Business as a Finance major and be an incoming freshman or transfer student.

Finance, Insurance, and Law (FIL) Advisory Board Endowed Scholarship

The Finance, Insurance, and Law (FIL) Advisory Board Endowed Scholarship was created in 2018 through a transfer of funds from the FIL Advisory Board Excellence Fund. The scholarship provides financial support for juniors and seniors enrolled in any major in Finance, Insurance, and Law Department. Preference is given to students who demonstrate financial need.

Additionally Supports: Finance, Insurance, and Law Advisory Board Endowed Scholarsh

Watts Family Endowed Scholarship

The Watts Family Endowed Scholarship was established in 2018 to provide financial assistance for undergraduate finance majors who are enrolled in good standing at a junior or senior level in the College of Business.

COUNTRY Financial Finance Insurance and Law Scholarship

The COUNTRY Financial Finance Insurance and Law Scholarship was established by COUNTRY Financial in order to assist students majoring in Finance, Insurance, and Law in the College of Business.

Insurance Scholarship Restricted

The purpose of this fund is to provide scholarship support for students with a major in insurance.

Additionally Supports: Insurance Scholarship

Charlie Norman Finance Scholarship Fund

The Charlie Norman Finance Scholarship Fund was created in 2014 in memory of Charlie Norman, a 1988 Finance graduate of the College of Business. Charlie began funding scholarships for the Finance, Insurance, and Law Department in 2009 through annual gifts. This endowment became funded through a provision Charlie made in his estate. The purpose of this fund is to support annual awards to finance majors, including the outstanding senior and outstanding junior finance majors at Illinois State University.

Jeffrey Secord Outstanding Student in Financial Planning Scholarship

The Jeffrey Secord Outstanding Student in Financial Planning Scholarship provides a scholarship to a senior with a declared Financial Planning minor.

Additionally Supports: Secord Outstanding Student in Financial Planning Scholarship

Joseph Trefzger Scholarship in Finance

The Joseph Trefzger Scholarship in Finance was established by Robert Parent '77, a 1997 double-major of Finance and Insurance, in honor of Joe Trefzger. While attending Illinois State, Parent had Dr. Trefzger for multiple classes and credits Trefzger's guidance for helping him remain focused on his coursework and opening his eyes to broader campus opportunities that made the ISU experience more enriching. The scholarship provides support for a student majoring in finance or pursuing a MBA who demonstrates academic and personal achievement. Specific award requirements will be determined annually by the College of Business Dean's Office based on its recruiting and retention priorities.

Finance, Insurance, and Law (FIL) Scholarship Fund

Jordan Styx Memorial Scholarship was created in 2008 by a $1,000 gift from the Baxter Credit Union, Vernon Hills, IL to ISU Foundation. The purpose of this grant is to provide financial support to finance majors. The grant is $1,000 per year for ten consecutive years starting in 2008 with a total commitment of $10,000. The pledge agreement will be renewed after the first five years of the grant and upon request by the Chairperson of the Department of Finance, Insurance and Law or his/her designee. The Finance, Insurance and Law (FIL) Scholarship Fund provides support for the activities, programs, and operations, including named commemorative scholarships and awards, of the department.

Additionally Supports: Business Major Field Test Award, Center for Investment Research and Analysis Award, Charlie Norman Outstanding, David Mistic Award, Educational Fixed Income Fund Scholarship, Educational Investment Fund Scholarship, Erika Gilbert Student Mentorship Award, Finance Achievement Award, Finance Futurity Award, Finance Initiative Award, Finance Professional Excellence Award, Finance, Insurance and Law (FIL) Scholarship Fund, Financial Management Association Leadership Award, Illinois State Alumni in Finance Scholarship, Illinois State Students in Finance Leadership Award, Jordan Styx Scholarship, Outstanding Junior in Finance, Outstanding Legal Environment of Business Student, Outstanding Senior in Finance

Gary and Joan Ollmann Endowed Scholarship

The Gary and Joan Ollmann Endowed Scholarship was established by Gary Ollmann in order to provide financial support for students who will be applying to take the CFA, CTP, or CFP certifications and will be administered via the department chair.

Vermillion Financial Competition

The Vermillion Financial Competition fund was established in 2018 by Vermilion Financial Advisors, Inc. to create and award supporting the Financial Planning Competition Institute for Financial Planning and Analysis.

Charles and Janet Sherburn Endowed Scholarship

The Charles and Janet Sherburne Endowed Scholarship was established support students who have shown leadership and dedication to their Finance Insurance and Law education.

Jeffrey Secord Outstanding Students in Financial Planning Scholarship Endowment

The Jeffrey Secord Outstanding Students in Financial Planning Scholarship Endowment supports an outstanding student that has a demonstrated commitment to success as a business professional. Student must be enrolled as a Financial Planning minor.

Additionally Supports: Outstanding Students in Financial Planning Scholarship