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WVU alumni create six new scholarships for business school students

Students walk across the pedestrian bridge from the WVU College of Business and Economics.

Students walk across the pedestrian bridge from the WVU College of Business and Economics.

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New scholarships will spark innovative thinking and enable students at the West Virginia University College of Business and Economics to dive into new experiences through their courses, internships, study abroad programs, student organizations and beyond.

“It truly comes full circle when our passionate alumni reflect on their own experiences at WVU and, in turn, give back to the College, creating new opportunities for current and future business students,” said B&E Milan Puskar Dean Javier Reyes. “We are deeply grateful for the generosity, support and character-driven leadership of these true Mountaineers.”

The following B&E scholarships were awarded for the first time this 2017-2018 academic year: 

The Patsy Cunningham and David A. Brown Scholarship was established by Patsy Brown, a 1978 accounting graduate, and her husband David Brown. Patsy, who is currently the director of accounting for Chesterfield County, Virginia, is a native of St. Albans, West Virginia. With her West Virginia roots and affinity for the accounting profession, first preference is given to graduates of St. Albans High School majoring in accounting.

Philip Compton, who currently serves as the chief financial officer for SingleSource Property Solutions in Pittsburgh, is a 1983 accounting graduate and also a member of the B&E Visiting Committee. His endowment created the Philip A. Compton Accounting Scholarship, which provides undergraduate scholarships for West Virginia resident students enrolled in the accounting program at WVU, with first preference given to residents of Harrison County.

A Roane County-based business founded in 1907, Hardman Supply Company recently established the Hardman Supply Company Scholarship through a generous gift. The Hardman family is well-engrained in B&E with five members having graduated from the College over three generations. Scholarship recipients must be undergraduate students enrolled in B&E who are West Virginia natives, with first preference going to residents from the seven counties where Hardman Supply stores are located – Calhoun, Gilmer, Hardy, Jackson, Nicholas, Roane and Wood.

In early 2017, William and Mala Harker generously endowed the William and Mala Harker Scholarship. William is a 1994 accounting graduate and the co-founder and president of Ashe Capital Management in the New York City area. First preference for this scholarship is given to persons of color as allowed by law and institutional policy that are residents of Harrison County, West Virginia.

John Wilson, a 1989 Master of Accountancy graduate and a partner at Schmidt & Wilson LLC, made a generous gift earlier this year to establish an endowed scholarship fund, the Professor Robert Maust Scholarship. Maust, now a professor emeritus, was a staple of the WVU Department of Accounting and made a tremendous impact on the lives of countless accounting students. Recipients of the Professor Robert Maust Scholarship must be undergraduate students enrolled full-time in B&E and majoring in accounting.  

The John and Mary Ann Stockhausen Scholarship was also awarded for the first time this past semester. The Stockhausens created the endowment to provide scholarships to undergraduate students from Pennsylvania who enrolled full-time at WVU in the College of B&E. First preference is given to graduates of Peter Township High School in McMurray, Pa. John is a 1977 graduate of the College and currently serves as president and chief operating officer of Snavely Forest Products. Mary Ann earned her Bachelor of Fine Arts from WVU and now owns The Cob Collection, an interior design company in McMurray.

The contributions to these endowed scholarships were made in conjunction with A State of Minds: The Campaign for West Virginia’s University, which ends December 31, 2017. To date, the campaign has raised more than $1.15 billion for the University.

Applications are also now open for B&E scholarships for the 2018-2019 academic year. The deadline to apply is December 31, 2017. For more information or to apply, visit



CONTACT: Blair Dowler, WVU College of Business and Economics or 304.293.7760

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