Student-funded scholarship is a first

The student organization, Undergraduate Women in Business (UWiB), recently established an endowed scholarship–a monumental achievement. UWiB is the first student organization to establish an endowed fund and they raised $32,000 in a little over 2 years. Additionally, this initiative was completely student driven and a team effort.

Foster undergrads Amber Waisanen and Raychael Jensen started UWiB in 2005. They were inspired by a similar organization at the Wharton School, University of Pennsylvania. Their core mission in starting UWiB was to connect and prepare the future generation of female business leaders. They are very pleased with how the organization has grown and evolved over the past eight years.

“UWiB was founded on the premise of serving others and giving back, with an underlying mission to connect and prepare the future generation of female business leaders.

As founders, we feel extremely proud of how far UWiB has come. We are strong supporters of this fund and look forward to securing a long-term future for the organization.

For UWiB to reach an endowment status is truly a dream come true, as it was part of our list of things we hoped to accomplish one day. To see that goal come to fruition is a very rewarding and exciting opportunity for us, our members, the Foster Business School and the community at large.”

– Amber Waisanen & Raychael Jensen, Co-Founders of UWiB

The recipient of scholarship for the 2012/2013 academic year is Amanda Hamilton. She is junior at the Foster School pursuing marketing and a certificate in international business. According to Amanda, “The scholarship will help me further my international interests as I study abroad in Spain.” Last year Amanda served on the executive committee for UWiB as the fundraiser associate.

You can learn more about UWiB by visiting their website: http://uwuwib.com/