Local student Elizabeth (“Monroe”) Flowers was among four recipients when the Tennessee Mortgage Bankers Association awarded $8,000 in college scholarships for 2019, according to Karley Bond, president-elect of TNMBA, who directed the association’s scholarship program this year.
Ms. Flowers will graduate from Silverdale Baptist Academy in May of 2020 and begin attending the university of Tennessee Chattanooga in the fall of this year. She is on the Honor Roll at her school, is a participant in the Chick-Fil-A Leadership Academy, and involved in multiple community service organizations, including the Chattanooga Food Bank.
“These scholarships are part of TNMBA’s annual commitment to support and encourage students who represent the future of the mortgage profession,” said Ms. Bond. “The applicants this year were all very impressive. The recipients are always very thankful for the financial support, and even more appreciative in these uncertain times. It is a pleasure to be able to provide this support for them as they prepare for careers in this rewarding profession.”
There were four scholarships awarded this year, each valued at $2,000. Besides Ms. Flowers, they were awarded to Paul Arrowood, of Johnson City; Sarah Ngernwathana, of Martin; and Tiffany Search Wright, of Mt. Juliet.
In addition to its ongoing college scholarship offerings, TNMBA introduced two new scholarships in 2020 as part of the celebration of the association’s 60th anniversary. Ms. Flowers is the first recipient of the new scholarship for any high school graduating senior whose parent or company is an active member of the TNMBA.
According to Ms. Bond, the qualifications for college scholarship applicants include:
• Current Tennessee residency;
• Junior, senior or MBA status in a four-year accredited college/university or master’s program in Tennessee;
• Demonstrate course interest and direction related to the mortgage and financing profession (business, finance, economics, real estate, banking, etc.);
• Demonstrate a GPA of at least 3.0 on a 4.0 scale. (Provide most recent transcript); and
• The ability to provide three references.
Ms. Bond says “TNMBA looks forward to continuing this initiative and building an even stronger future for our profession as these students develop their careers in the coming years, here in Tennessee.”