The B. Kenneth Simon Foundation sponsors the B. Kenneth Simon FreeEnterprise Scholarship. The scholarship is intended to assist prospective students to Robert Morris University who demonstrate an understanding of the values of free enterprise.
One recipient per year is chosen to receive the B. Kenneth Simon Free Enterprise Scholarship. The scholarship is renewable for four years and has a value of $11,000 per year, or a total value of $44,000 over four years.
Students who complete the entire application process and essay but are not chosen as the B. Kenneth Simon Free Enterprise Scholarship recipient may be eligible to receive additional scholarship funds in addition to what they were awarded previously.
Students applying for the scholarship must possess a cumulative high school grade point average of 3.0 or higher. Students also must possess a combined SAT score of 1100 (critical reading and math) or higher or an ACT composite score of 24 or better.
Students must submit a research paper of between 2,500 and 3,000 words on a topic to be established annually by the scholarship committee. Click here for this year's topic.
B. Kenneth Simon was a business owner dedicated to Pittsburgh and to the business climate throughout the tri-state region.
Simon was a firm believer that successful economies are built from the ground up through free enterprise and independent small businesses. He always wanted to help provide a place where young people could acquire the skills to help them grow their own local companies.
“I would like to see a lot of people who are capable take a shot at being in business for themselves,” said Simon. “It’s a lot of work to be in business for yourself, but there is a lot of gratification that comes from owning your own business.”
Simon, a 1949 graduate of Cornell University, always had a soft spot for Robert Morris University since taking a public speaking course at the university more than 40 years ago. The course, he said, helped to make him a successful businessman and boost his communication and business skills.