The Karla Scherer Foundation was established in 1989, the result of a successful proxy battle waged by Karla Scherer for control of the company her father founded in 1930. Initially the Foundation supported women at both the undergraduate and graduate levels as they pursued degrees in Economics or Finance at schools around the world.
With no geographic strictures, the Foundation's goal was to target those women they believed would be tomorrow's business leaders in a world where free trade and more open borders were becoming a reality. In 2003 it was decided to alter the course and focus of the Foundation. The offshore applicants comprised nearly one-third of the applicant pool. Their strong educational backgrounds in the humanities, particularly among those applicants from the newly emancipated nations of the former Soviet bloc,
were clearly superior to their American counterparts, giving them a distinct advantage by any measure of future success.
Karla Scherer completed her MA in the Humanities at the University of Chicago in 1999, and this exposure solidified her view that this nation's schools must once again stress the humanities if we are to educate the critical thinkers necessary for leadership in every discipline. As a result, The Karla Scherer Foundation now offers scholarships ONLY to women accepted into the Master of Arts Program in the Humanities at the University of Chicago.
Host Institution: University of Chicago, Chicago, Illinois
Areas of Study: Humanities
Open to Students from: no expressed restriction, nationals from countries of former Soviet bloc are preferred
Award Deadline: deadline of application for MA programs at University of Chicago
Eligibility Requirements: Select women accepted into the Master of Arts Program in the Humanities at the University of Chicago will be invited to apply to The Karla Scherer Foundation following their acceptance by the University.
Application packages contain all information regarding requirements and deadlines.
The Foundation does not set dollar limits on the amount of each scholarship, nor do they grant a predetermined number of scholarships. International students must already have a United States visa for study to be considered.
When an application is accepted by the Board for further consideration a personal interview is then scheduled, either at the Chicago office or on campus. Please note that this is a requirement that cannot be waived for any reason.
Further Information
http://www.karlasch erer.org/
Contact
The Karla Scherer Foundation
737 N. Michigan Avenue
Suite 2330
Chicago, IL 60611
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