Tom M. And Lois McBride Hougan Memorial Endowed Scholarship
University of Montana
Key Statistics
Grant Amount
Varies by year
Location
Deadline
Varies by year
About this Scholarship
The Tom M. and Lois McBride Hougan Memorial Endowed Scholarship is a merit-based financial award established to honor the legacy of Tom M. Hougan and Lois McBride Hougan. This scholarship supports undergraduate students enrolled at the University of Montana who demonstrate academic excellence and a commitment to their educational goals. The endowment reflects the Hougans' dedication to fostering higher education and providing opportunities for students to pursue their academic and personal development. While the scholarship primarily targets students within general undergraduate studies, it is open to a broad range of disciplines, including arts, humanities, and social sciences. The amount awarded each year depends on the income generated by the endowment fund, and the scholarship is typically renewable based on continued academic performance. The University of Montana administers the scholarship, ensuring that recipients meet the eligibility criteria and maintain satisfactory academic progress. Applicants are encouraged to check the university’s scholarship office or official website for specific application procedures and deadlines, as these may vary annually. This scholarship contributes to the university’s broader commitment to supporting student success through financial aid and merit recognition.
Eligibility & Overview
Financial Grant
Varies by year
Scholarship Type
Merit based
What's Covered
Description
The Tom M. and Lois McBride Hougan Memorial Endowed Scholarship was created through a dedicated endowment fund established by the Hougan family to support deserving students at the University of Montana. The scholarship is awarded annually to undergraduate students who demonstrate strong academic achievement and a commitment to their studies. While the scholarship does not restrict applicants to a specific major, it is often awarded to students pursuing degrees in general undergraduate studies, arts, humanities, and social sciences, reflecting the broad interests and values of the Hougan family. The selection process typically involves a review of academic records, letters of recommendation, and sometimes a personal statement or essay outlining the applicant’s educational goals and community involvement. The scholarship amount varies each year depending on the endowment’s performance, and recipients may receive partial tuition assistance, help with academic fees, or support for educational materials. The scholarship is administered by the University of Montana’s financial aid office, which coordinates the application process and disburses funds. Recipients are generally required to maintain a minimum GPA to continue receiving the award in subsequent years. This scholarship is part of the university’s efforts to provide merit-based financial support to students who demonstrate potential for academic success and contribute positively to the campus community. Applicants should consult the university’s official scholarship resources for the most current information regarding eligibility criteria, application deadlines, and award amounts.
Key Benefits
Provides financial support to undergraduate students demonstrating academic merit
Helps reduce the cost of tuition and related academic expenses
Encourages academic excellence and sustained educational commitment
Supports a wide range of disciplines, allowing flexibility in field of study
Offers potential for renewable funding based on continued academic performance
Financing Information
Funding and Disbursement of the Hougan Memorial Scholarship
The Tom M. and Lois McBride Hougan Memorial Endowed Scholarship is funded through an endowment established by the Hougan family. The principal amount of the endowment is invested, and the scholarship funds are generated from the interest or returns on this investment. Because the scholarship is endowed, the amount available for awards can fluctuate annually based on market performance and the policies governing the endowment’s spending rate. Typically, the university’s financial aid office administers the disbursement of funds, applying the scholarship amount directly to the recipient’s tuition account or reimbursing eligible educational expenses. The scholarship is merit-based, so recipients must meet academic standards set by the university to maintain eligibility. Renewal of the scholarship depends on the student’s continued academic progress and adherence to any other conditions specified by the scholarship committee. Applicants should be aware that the exact amount awarded and the number of scholarships granted each year are not fixed and may vary. It is advisable to consult the University of Montana’s scholarship office or official website for the most accurate and up-to-date information regarding application procedures, deadlines, and award details.
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* Disclaimer: The information provided here is based on the latest available data but may be subject to change. Prospective applicants should verify all details, including eligibility criteria, deadlines, and award amounts, directly with the University of Montana or the official scholarship administrators before applying.