Smith School Scholarships

Son is a rising sophomore in the Smith School and applied for departmental scholarships. I was wondering what types of qualifications generally result in this type of scholarship, and the amounts? He is in Honors and has a 3.5 GPA in Accounting. He received a 5k per year Presidential scholarship as an incoming freshman. Thanks!

He may get one but usually people with 3.7 or higher in the honors program are more competitive. Hopefully he has good extracurriculars.