Georgia's Own will be closed on Monday, February 19th in observance of Presidents' Day.
Congratulations to our 2017 John B. White, Jr. Memorial Scholarship Recipient, Edward Holliday!
We are thrilled to announce that the winner of the 2017 John B. White, Jr. Memorial Scholarship is Edward Holliday of Atlanta. Edward received this scholarship not only for his impressive academic achievements, compelling essay and glowing letters of recommendation, but for his remarkable work in the community and detailed plans to continue that work through college and into adulthood through his career.
Inspired by their late grandmother, Edward and his brother, Xavier, co-founded a non-profit organization called Brothers 4 Literacy & Life, which aims to provide access to books and other educational and life supplies to deserving children around the globe with meager resources. They are currently working with 3 schools in Africa, one in Jamaica and a local school, partnering with students who live in non-English-speaking homes to improve their language and reading skills.
Edward has also served his community through his work as an Eagle Scout, as a volunteer at The GivingPoint Institute, as a contributor to the Audio Visual Ministry and the Youth Usher Board at his church and through the Service Corp, Community Service Club and the Student Diversity Leadership Council at school. These organizations have allowed him to impact organizations such as The Agape Center, The Trinity House, and many others.
He has been awarded the 20 under 20 Award from the Atlanta InTown Paper, the Georgia Youth Leadership Award from 21st Century Leaders, the 2017 YOU International Award, a letter of recognition of service from Georgia Secretary of State, Brian Kemp, 2nd Place Teen Volunteer of the Year award from the Atlanta Fundraising Professionals and the Presidential Volunteer Service Award from President Barack Obama in 2015 and 2016.
Please join us in congratulating Edward and wishing him the very best as he begins his time at Auburn University this fall!
About the John B. White, Jr. Memorial Scholarship
John B. White, Jr. served the members of Georgia’s Own Credit Union for 33 years as an insightful, kind and impactful member of its Board of Directors. He was a strong advocate for our members and our employees and left an indelible imprint on our organization. One of the biggest constants in Mr. White’s life was service, as illustrated by his commitment to outreach in every aspect of his life. As a young man, he served our country during the Japanese Occupation, he volunteered throughout his professional career at the Bell South Classic and for other organizations such as Kiwanis, Rotary, United Way and the Boy Scouts, he sat on various different Boards and became involved in the symphony and art museums in every city in which he and his wife, Ann, lived. He was active in his church, in his retirement community and took enormous pride in championing the pursuits of his children and grandchildren.
To honor the legacy of Mr. White, the Georgia’s Own Foundation has established the John B. White, Jr. Memorial Scholarship to be awarded to a graduating high school senior who is as inspired by the world around them and is as committed to making their community a better place as he was. As Mr. White’s belief that education and service in tandem will make our world a better and more harmonious place to live, this scholarship will help fund the recipient’s collegiate tuition as an acknowledgement and thanks for their previous accomplishments and future contributions.
APPLICATIONS FOR THE 2018 SCHOLARSHIP WILL BE AVAILABLE IN APRIL 2018.
Should you borrow to get an MBA?
If you’ve decided that an MBA is an important investment in your career, then your next step should be to determine how to finance your next two years of study. While many students rely on a combination of their own savings, help from family and other outside sources, other students have only to rely on the availability of grants, loans, and employment. If you’re a member of the latter group, don’t be discouraged. There are multiple resources that can help you overcome the financial challenges.
Start where the money is free. Grants, also called fellowships, fall into this category because they do not need to be repaid. A grant is awarded from the government, a foundation, or a trust and is typically given to an institution, a business, or an individual. The criteria for receiving a grant is not necessarily achievement based and can be more general in nature.
A business degree makes you a valuable asset to your employer, which is why your company may be willing to finance your post-baccalaureate education. They may already have a tuition reimbursement program in place. If not, submit a proposal that highlights the benefits of investing in you and your future at the company. Interviewing for a new position? Consider using tuition reimbursement as a negotiating tool.
Student loans, the most popular education financing tools, fall into the opposite category because they require repayment. Federal student loans can be either subsidized or unsubsidized, which determines whether the government or the borrower is responsible for paying the interest while you’re in school, as well as the generosity and flexibility of the loan repayment terms.
Private loans designed to meet the needs of an MBA student can also be attractive options when it comes to supplementing other sources. In fact, if you have excellent credit, a private lender may be able to offer a more competitive interest rate and friendlier repayment terms. Most private lenders don’t charge application, disbursement or origination fees and you can refinance your loan if interest rates go down or your credit score increases.
While they may not be your first choice, don’t cross private loans of your list quite yet. They do have their advantages, especially when you combine them with other sources to create a flexible and smart financing package.