Category Archives: Scholarships

MIS Alumni Scholarship

The MIS Alumni Scholarship is an endowed scholarship that created and funded by Alumni of the MIS program within the School of Business and Economics.  The criteria for selection is the following: an MIS major (or dual major)  with a strong academic standing, a demonstrated commitment to the MIS degree program, and professional communication skills.

Two scholarships are awarded annually; one to a sophomore and one to a junior. The 2017-2018 recipients are sophomore Mackenzie Pirie, and junior Thomas Strome. Congratulations to both awardees!

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Pioneering Women in Business Scholarship

Helping the future women of business to become leaders and entrepreneurs is the essence of the Pioneering Women in Business (PWB) scholarship. The vision for the PWB scholarship was inspired by the memory of Joyce Caylor Lyth ’72 and implemented by her husband David Lyth ’73 in 2015.

The Lyths realized the nation needs more women in business-leadership roles. This notion is backed by data that shows nearly 60 percent of companies who were researched did not have a single female board member and nearly 50 percent did not have a female C-suite executive.  To help Michigan Tech transform the future of global business leadership we are asking for help.

Visit the Superior Ideas project for more information about the scholarship and how you can make a difference.

–Bryant Weathers, Office of Advancement via Tech Today

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2016 Sam Tidwell Outstanding Man and Woman in Business

Each year the School of Business and Economics recognizes two students who bring honor and pride to the School through high scholastic achievement and involvement. Students eligible for this honor went through an intense interview process that included an essay and interview with faculty.  This year 8 men and 11 women applied.  We are pleased to announce our winners: James Sturos, Accounting and Hailey LaFleur, Marketing and Management!

 

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The Outstanding Man and Woman in Business award is sponsored by Peter Negro of Negro and Associates, CPAs.


Lyth Donates to School of Business and Economics

By Mark Wilcox mlwilcox@mtu.edu

David Lyth sits with recipients of the Joyce Caylor Lyth Endowed Scholarship and the  Pioneering Women in Business Scholarships at a luncheon in August.

David Lyth sits with recipients of the Joyce Caylor Lyth Endowed Scholarship and the Pioneering Women in Business Scholarships at a luncheon in August

December 3, 2015—

A Michigan Technological University alumnus has provided a gift of $100,000 to the School of Business and Economics to offer financial assistance to women and to honor the memory of his wife.

David Lyth calls his late wife, Joyce Caylor Lyth, “a pioneer,” and he hopes a scholarship at Tech’s SBE will encourage future generations of Upper Peninsula women to follow in her courageous footsteps.

Lyth, a professor at Western Michigan University, met his future wife while they were both undergraduates at Michigan Tech in the late 1960s.

Joyce Lyth

Joyce Lyth, a native of the small Menominee County community of Wallace in the central UP, was diagnosed with brain cancer in 2009 and bravely fought the disease for nearly five years, passing away in March of last year.

“She was a first-generation college student and came to Tech to study accounting at a time when most women went to college to study either teaching or nursing,” He said.

To honor her memory and preserve her legacy, the Joyce Caylor Lyth Memorial Endowed Scholarship is open to female first-generation college students from the Upper Peninsula studying accounting at Tech’s SBE.  It is the first scholarship program of its kind in the business school in that it is for women and was set up by a woman.

“Throughout her career, throughout her life, Joyce was always focused on what was ethical and what was right,” David Lyth said. The couple laid the framework for the scholarship while she was still alive, according to Lyth.

He says referring to his wife as a “pioneer” is not an exaggeration.

“She made her own way in the world, working her way through college.” Lyth says it was rare for UP women to attend college in the 1960s, and as a result, there were no scholarships available to her. Working a variety of jobs, she self-financed her education. Her ground breaking didn’t end with college, in many ways it began.

“She pioneered women moving off campus in 1970, and went on to become chief accountant at Stryker” he said.

Joyce was the controller of two firms in the 80s. 90s and 00s, and on two occasions, she was a business owner.

“She started her own accounting services business in Houghton in 1979 and another in Kalamazoo in 2005 and retired due to her illness in 2009.

Role Model and Mentor

Throughout her business life, Joyce was a role model.

“She very effectively mentored all around her, even after recovery from cancer treatment,” Lyth says.

“This scholarship is a continuation of her legacy. She was about mentoring. She was always looking to help others develop their capabilities and grow professionally,” he says.

The scholarship is designed to have a mentoring component with one year’s recipients mentoring the next.

Pioneering Women in Business Scholarships

In addition, Lyth, in collaboration with the School of Business and Economics, has helped establish the Pioneering Women in Business Scholarship. The program provides four $1,000-a-year scholarships for four years.

“Joyce and I realized the value and importance of an education, especially at Michigan Tech. We want to give others the same opportunities Joyce had,” Lyth said.  “Our aim is to support those who may not be able to come to Tech without some help.”

Lyth is hoping the initiative will inspire support from alumni and friends of the SBE for the Pioneering Women in Business Scholarship program, the Joyce Caylor Lyth Scholarship, or by establishing their own endowed scholarship fund.  David has also included a significant provision for Joyce’s endowed scholarship in his estate plan, to ensure their wish to provide opportunities for young women like Joyce continues far into the future

 Gene Klippel, SBE dean, says the Lyth Scholarships provide excellent opportunities for financial support to female students enrolled or enrolling in the School.

“Making a college education more affordable to our students is a continuous goal of the School,” Klippel said. “Thus, the Joyce Caylor Lyth Memorial Endowed Scholarships and the Dr. David Lyth-supported Pioneering Women in Business Scholarships are indeed most welcomed and greatly appreciated.” 

Klippel hopes the philanthropy of the Lyths will be inspirational. “It is our sincere hope others will see the value such scholarship support provides for our students and be willing to explore with us how they, too, can make a difference in the life of a student.

Michigan Technological University (www.mtu.edu) is a leading public research university developing new technologies and preparing students to create the future for a prosperous and sustainable world. Michigan Tech offers more than 120 undergraduate and graduate degree programs in engineering; forest resources; computing; technology; business; economics; natural, physical and environmental sciences; arts; humanities; and social sciences.


Elliott Family Endowed Scholarships will Enable Business Students to Attend Michigan Tech

Dale and Judy Elliott
Dale and Judy Elliott

Michigan Technological University is something of an Elliott family tradition.  Dale Elliott, his older brother, two brothers-in-law, a sister-in-law as well as a niece and her husband  all went to school there.

Elliott earned an MBA from Michigan Tech’s School of Business and Economics in 1979 and he has served on both the business school’s national advisory board and the President’s Advancement Council. He is also a Life Trustee of the Michigan Tech Fund.

Now he and his family have pledged $1.1 million in scholarship funding to help deserving business students—particularly first-generation college students—benefit from a Michigan Tech education.

“In today’s world, there are some very deserving young people who just need a helping hand,” he explains.

“A business person who understands technology, and a technology person who understands business is a skill set in great demand,” Elliott continued, “and Tech’s School of Business and Economics is doing an outstanding job of preparing students to benefit from that.”

Michigan Tech President Glenn Mroz thanked Elliott for his gift, saying:  “Dale is a perfect example of someone who used his Michigan Tech education as a springboard to success and now wants to give back, to help deserving students prepare for their own future success.”

Elliott, who was the midyear Commencement speaker last December, currently is CEO of  FCM Advisory Group, a consulting business he established.  Prior to that he was President of the Global Bath & Kitchen Business for American Standard Companies and Chairman, President and CEO of Snap-on Tools for many years.

At Michigan Tech’s Dec. 20, 2014 Commencement, he was awarded an honorary doctorate.

About three years ago, Elliott, his wife and daughters established the Elliott Family Annual Scholarship, which helps pay for a business school student’s education.“ We made a modest start and now we’ve decided to expand the program and make it more permanent,“ Elliott said about the new Elliott Family Endowed Scholarships.  “It reflects our ongoing commitment to supporting the educational opportunities that Michigan Tech offers.”

Elliott’s wife, Judy said she is very proud of her husband’s accomplishments. “He was taught a strong work ethic early on and has applied that throughout his career. But even with hard work, to succeed, you have to start with a good education,” she said. “He is so grateful for the education he got at Michigan Tech that he wants to give others that same opportunity, someone who might not be able to afford it otherwise. We both feel really passionate about that.”

The Elliotts’ daughter, Nicole Peace, pointed out that their family has generations of history with Michigan Tech and the City of Houghton.  “It is a source of tremendous pride that our father has demonstrated the significant value an advanced education can provide. By continuing his support of Tech students through this scholarship at the School of Business and Economics, more opportunities can be given to future graduates, who will learn and grow in the great setting Houghton and the Tech community has to offer.”

Jennifer Elliott, the couple’s other daughter, said “We are proud to be a part of this scholarship, which will enable first-generation college students to gain access to an advanced education at Tech and realize their potential for lifelong achievement. It is an honor to reinvest in the university community that has shaped our family for generations.”

Gene Klippel, dean of the School of Business and Economics said that the Elliotts’ gift could not come at a more opportune time. “The number of applications to the School of Business and Economics is up 23 percent from last year.  A substantial portion of those applicants are Michigan residents, with the majority being from the Upper Peninsula.“

 “Thanks to Dale Elliott and his family, we are now able to provide two incoming undergraduate students a renewable scholarship worth $2,500.  Each year, two additional undergraduates will be selected to receive an Elliott Family Annual Scholarship.”

“The School of Business and Economics’ faculty, staff and current students greatly appreciate the generosity and support of the Elliott family,”  Klippel went on to say.  “They have been long- time friends and supporters of the School.  So, we wish to thank the Elliott family for providing this opportunity to our future business students as they work to achieve their potential and place in the world of business.”

This article was originally published by Jennifer Donovan, student writing intern for Michigan Tech News.