F. A. Hayek Memorial Scholarship

The F. A. Hayek Memorial Scholarship Fund was established by Adam G. Chin, a 1999 graduate from North Central College. The purpose of this scholarship is to provide financial assistance to one (1) student who meets the following criteria:

  • Must be a current student at North Central College, who will be continuing their undergraduate studies for the 2020-21 academic year
  • Must be in good standing with the College
  • Must have at least a 3.0 cumulative grade point average
  • Must have declared a major that falls within the School of Business and Entrepreneurship, including, but not limited to, Accounting, Economics, Finance, Human Resource Management, International Business, Management, and Marketing.
  • Must submit an essay that concisely describes the impact, if any, of the price mechanism on a free market and on a free society.
  • Must have financial need

A letter of gratitude is requested to the Donors from the recipient of this scholarship.

Supplemental Questions
  1. As a Continuing Student (currently attending North Central College), what will be your academic standing or classification at the start of the Fall 2020 Semester?
  2. Do you currently have a cumulative GPA of 3.0 or greater?
  3. Have you filed the 2020-21 Free Application for Federal Student Aid (FAFSA)? If you have U.S. Citizenship or are an Eligible Non-Citizen, then filing the 2020-21 FAFSA is required for this scholarship. (Please file your 2020-21 FAFSA as soon as possible using 2018 tax information.) Please pick the answer that best describes your status.
  4. If you are selected as a recipient of this scholarship, will you be FULL-TIME (12-18 credit hours per semester) for the 2020-21 academic year?
  5. The selected recipient for this scholarship must have declared a major that falls within the School of Business and Entrepreneurship. From the list provided, please select your major(s) that meets this criteria.
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