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Official News From the Office of Communications

SouthEast Bank Awards Accounting Freshman with 4-Year Scholarship

SouthEast Bank ScholarshipEdSouth Chairman Ron Gambill and SouthEast Bank Scholarship Director Tommy Schumpert presented on Monday the first of four SouthEast Bank $7,000 checks Hannah Turner will receive during her tenure at Belmont University. She is the first Belmont student to receive the SouthEast Bank Scholarship, which awards $28,000 over four years to a business student.

“The stress has been taken away. I was so excited to find out about the scholarship, and my parents were too. This has helped greatly,” said Turner, a freshman from Hixson, Tenn. studying accounting.  With receipt of the SouthEast Bank Scholarship, Turner said was able to cancel a student loan.

The SouthEast Bank Scholarship is given to a student from Tennessee studying finance, accounting or banking with at least a 3.25 high school grade point average and 23 ACT score as well as the financial need and evidence of community involvement. It is a reoccurring scholarship awarded biennially to a new student.

Schumpert said, “We are just glad to keep good students in Tennessee. There are so many great institutions like Belmont, and we know if we can get them to stay in state, then we know they will become great leaders here.”

Belmont University and SouthEast Bank’s parent company EdSouth previously partnered to award EdScholar, a general scholarship to incoming freshman. Since 2003, 14 students have been awarded a four-year $7,000 scholarship.

“It has been great to see the change that occurs in a student when they are able to be the first to go to college,” said Gambill, the first in his family to purse higher education.  A former high school guidance counselor and college financial aid administrator, Gambill said he has a passion for enabling education and is dedicated to ensuring the state has a well-prepared workforce through students.

EdSouth, having commenced full operations in the spring of 1988, is a nonprofit, public benefit corporation organized for the purpose of promoting access to higher education by acquiring postsecondary education loans under Title IV of the Federal Higher Education Act of 1965.  With assets of approximately $6 billion, EdSouth has funded the educational pursuits of over 1 million postsecondary students.