Business students in The University of Texas-Pan American College of Business Administration received a boost Monday, April 16 with the establishment of a new scholarship/internship by Inter National Bank.
"We were trying to create new talent for our bank, and instead, we decided to create our own scholarship fund," said Carlos I. Garza, Inter National Bank president and CEO, during a news conference at the International Trade and Technology Building. "Even more, it includes a work study program that allows the bank to help train students."
The donation provides five College of Business Administration students with a $4,000 scholarship for tuition and fees and a 20-hour-per-week paid internship at a local Inter National Bank branch. Preference will be given to students majoring in accounting and/or finance, and the scholarships will be available this fall.
UTPA President Dr. Miguel A. Nevárez said Inter National Bank's contribution to the University will help students gain valuable work experience.
"I'm thrilled on behalf of the students to accept this gift," Nevárez said. "Aside from the scholarships, the internships allow students to work while going to school, and that will enhance their learning."
Students will obtain experience in loan review/credit analysis, the note department, accounting and bookkeeping.
"This program helps students make the adjustment from the abstract classroom setting to a work setting," said Dr. John Emery, College of Business Administration dean.
To qualify, a student must be a U.S. citizen or resident enrolled full-time (at least 12 hours) as a junior or senior with at least a 2.8 GPA.
Recipients will be selected by a special committee including professors from the College of Business Administration and representatives from Student Financial Services and Inter National Bank.
Students can receive the scholarship on a per semester basis for up to four semesters.
For more information, contact the College of Business Administration at 956/381-3311.