2016 News Releases
University offers 20 new “future business owner” student scholarships this fall
Texas Woman’s University’s new center for women in business today announced it will offer 20 new scholarships of up to $6,500 each for incoming first-year students from anywhere in the country who wish to open a business in Texas. This annual scholarship, which can be used for tuition and fees, is renewable for up to four years if the new center’s annual extracurricular requirements are met.
“We are looking to help achieve Governor Greg Abbott’s goal of making Texas No. 1 for women-owned businesses,” said Tina Mims, executive director of the new center, which is the first of its kind focused on women entrepreneurs at any university in Texas. “We believe these new scholarships will encourage students to think about designing their college education from day one around their desire for the independence of business ownership in Texas.”
Mims said students can pursue any academic program offered at TWU’s Denton campus, but they must complete the center’s required extracurricular activities in addition to their degree plan requirements. She and her colleagues anticipate a gamut of business interests — from students who want to create and own their own software companies, health-related clinics or creative services agencies to others who seek to create new restaurants, dance and art studios, physical therapy practices or retail shops.
Students applying for the scholarship must be U.S. citizens or permanent residents, have a minimum high school cumulative GPA of 3.0, an ACT score of 24 or an SAT score of 1090 or higher. Those with business ownership experience also are strongly encouraged to apply. Participating in this scholarship program will enable these incoming students to receive business certification in innovation, develop a business plan, receive one-on-one coaching and participate in specialized training.
Students who want to apply for this new scholarship must write a short essay about themselves and their motivation for business ownership. Applicants must articulate why women’s business ownership is important for the growth of Texas and beyond. Students also must include a description of the business they would like to pursue, and why they believe it can succeed. If their application is accepted, they will be notified about a face-to-face screening process with a panel of judges.
To apply, students must apply to the university first and set up their account to enter into the scholarship application system, which requires a TWU portal ID and password. Then, students should log into the TWU scholarship system at https://twu.academicworks.com/ and search for the Center for Women in Business scholarship. The scholarship application and essay documents are easy to upload. The deadline for applying for this scholarship is May 6, 2016. Those with questions on how to apply for the scholarship may call (940) 898-3635.
In 2015, Gov. Abbott approved $2.2 million to create a new center at TWU to provide women with more of the tools needed to succeed in creating successful new businesses. Mims noted that TWU for more than 115 years has had a distinctive purpose in the Lone Star State — to prepare women “for the practical industries of the age.”
“Now, with the creation of this new center for current and future women business owners, TWU is undertaking another distinctive educational opportunity in Texas,” she said. “We are going to provide students and aspiring women business owners in all fields with the scholarship, mentoring, training, funding, coaching and networking opportunities that can help them build vibrant, successful new companies, large and small.”
Texas is No. 2 behind California for the number of women-owned businesses, but businesses owned by women in Texas are growing at more than twice the rate of all firms nationwide.
“So we are doing all we can to advance women’s business ownership and move Texas into the first position,” Mims said.
Texas Woman’s University (TWU) is the largest public university in the nation primarily for women and has an enrollment of approximately 15,000 students on campuses in Denton, Dallas and Houston. The university has more than 86,000 alumni in fields vital to the growth and quality of life in Texas and the nation, including nursing, health care, education and business.
- Ranked #2 among 38 Texas public universities in salaries for baccalaureate graduates
- Median first-year earnings of graduates are almost 20% higher than the Texas state average
- Ranked in the top 10 nationally for diversity by U.S. News & World Report with a 56% undergraduate minority enrollment.
The university also has earned an outstanding reputation for scholarship, leadership and service. TWU prides itself on offering women and men a quality education that prepares graduates for the workforce or graduate school. The university’s facilities, advanced technology and teaching tools mirror the workplace and improve learning.
TWU also continues to keep higher education accessible by offering affordable tuition and fees and awarding more than $10 million in scholarships annually. Notable TWU alumni include public officials, health care leaders, business owners and leaders, presidents and administrators in higher and secondary education, artists, musicians, actresses, writers and more, including: best-selling author Anne Rice, publishing icon Helen Gurley Brown, Olympic Gold field medalist Louise Ritter and President of Texas Harris Health Methodist Hospital Lillie Biggins.