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Faculty Login
Scholarships
LDS Business College offers scholarships and awards based on academic excellence, superior business aptitude, leadership qualities, missionary service and need. These awards range from $300 to $2,800 per academic year. Students must first fulfill all admission requirements. Applicants for freshman awards must submit an ACT or SAT score.
Scholarship Categories
Freshman Scholarships: For incoming freshmen without previous college experience. Apply using an admission and scholarship application form available on the web at www.besmart.com or in the Admissions Office. Complete Parts 1 through 7, submit a high school transcript and ACT or SAT score, and pay the $35 application fee. Application deadline is March 1.
Sophomore Scholarship: For continuing students based competitively on college scholastic record. Apply using the Sophomore Scholarship Application. The student must have earned a minimum of 28 graded semester credit hours. Of the 28, a minimum of 12 credit hours must be earned from LDSBC. Not counting toward scholarship hours are pre-100 series classes, AP credits, pass/fail grades (unless required), ACT and SAT waivers, challenge exams, and other transcript credits for which no letter grade is recorded. Application deadline is April 15 for Fall Semester or December 1 for Winter Semester. For fall 2010, there is a special deadline of July 2 to accommodate changes in policy and award level. (
Sophomore Application)
Service Scholarship: For returned missionaries who apply and attend within one year of their honorable release date. Instructions are located on Part 2 of the Admission and Scholarship Application. Submit copy of mission release certificate. Application deadline is May 1 for Summer Session, August 1 for Fall Semester or December 1 for Winter Semester.
Stella Harris Oaks Horizons of Hope Scholarship: For single parents with a dependent child in the home. Apply through the Admissions Office. Deadline is May 1 for Summer Semester, August 1 for Fall Semester or December 1 for Winter Semester. ( Horizons Application )
Program-Specific and Other Scholarships: The College provides scholarship funds for students in a variety of circumstances. Contact the Admissions Office at admissions@ldsbc.edu or (801) 524-8145 for details.
Transfer Scholarships: For graduating students who plan to transfer to a four-year university. Students must apply by their LDS Business College graduation date and provide an acceptance letter from the transfer institution. Other requirements are included on the application.
Sophomore Scholarship: For continuing students based competitively on college scholastic record. Apply using the Sophomore Scholarship Application. The student must have earned a minimum of 28 graded semester credit hours. Of the 28, a minimum of 12 credit hours must be earned from LDSBC. Not counting toward scholarship hours are pre-100 series classes, AP credits, pass/fail grades (unless required), ACT and SAT waivers, challenge exams, and other transcript credits for which no letter grade is recorded. Application deadline is April 15 for Fall Semester or December 1 for Winter Semester. For fall 2010, there is a special deadline of July 2 to accommodate changes in policy and award level. (
Sophomore Application)Service Scholarship: For returned missionaries who apply and attend within one year of their honorable release date. Instructions are located on Part 2 of the Admission and Scholarship Application. Submit copy of mission release certificate. Application deadline is May 1 for Summer Session, August 1 for Fall Semester or December 1 for Winter Semester.
Stella Harris Oaks Horizons of Hope Scholarship: For single parents with a dependent child in the home. Apply through the Admissions Office. Deadline is May 1 for Summer Semester, August 1 for Fall Semester or December 1 for Winter Semester. (
Horizons Application )Program-Specific and Other Scholarships: The College provides scholarship funds for students in a variety of circumstances. Contact the Admissions Office at admissions@ldsbc.edu or (801) 524-8145 for details.
Transfer Scholarships: For graduating students who plan to transfer to a four-year university. Students must apply by their LDS Business College graduation date and provide an acceptance letter from the transfer institution. Other requirements are included on the application.
Important Tax Information
Under the Tax Reform Act of 1996 any funds received by students from scholarships, benefits, fellowships and grants from LDS Business College or any other source, which combined exceed the cost of tuition, fees, books, and required equipment and supplies, are considered taxable income. Taxable income may include grants and scholarships but not federal loans (see IRS publication 520).
Since students are required to report to the Internal Revenue Service scholarship and grant income above the cost of tuition and books, it is vital for students to keep detailed records (including cancelled checks and/or receipts) of all expenditures for tuition, fees, books, and required equipments and supplies.
Due to the new federal Hope Scholarship, which is a federal tax credit, the institution is required to report certain tuition, scholarship, grant and other information to students and to the IRS on form 1098T. Questions regarding the Hope Scholarship and the Lifetime Learning Credit can be obtained from the Accounting Office.
Since students are required to report to the Internal Revenue Service scholarship and grant income above the cost of tuition and books, it is vital for students to keep detailed records (including cancelled checks and/or receipts) of all expenditures for tuition, fees, books, and required equipments and supplies.
Due to the new federal Hope Scholarship, which is a federal tax credit, the institution is required to report certain tuition, scholarship, grant and other information to students and to the IRS on form 1098T. Questions regarding the Hope Scholarship and the Lifetime Learning Credit can be obtained from the Accounting Office.