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February 19, 2002

Ammerman first recipient of $500
Old National Bank Scholarship

Indiana State University junior Beth Ammerman, of Terre Haute, is the first recipient of a $500 Old National Bank scholarship.

Ammerman, an accounting major with an insurance minor, was presented the scholarship recently during a ceremony at Old National Bank, 701 Wabash Ave.,  by William R. Britt, president and chief executive officer, Northwest Region, Old National Bank.

Ammerman said she is honored to be the first recipient of the scholarship and plans to use the money to help pay for books this semester. She is a graduate of Terre Haute North Vigo High School and is the daughter of Jack L. and Bonnie Ammerman of Terre Haute. She is employed by Old National Bank and First Congregational Church.

“We are delighted that Beth, who began her employment with Old National while still a high school student, was selected as the first recipient of the Old National Scholarship,” said Britt. “One component of the scholarship is an internship experience with the bank. We hope the combination of financial support and hands-on financial experience will prepare students like Beth for successful careers in business.”

“The School of Business is pleased and thankful for Old National’s investment in the education of our students, said David Hopkins, interim dean of ISU’s School of Business. “The School is dedicated to becoming an exciting ‘intersection’ for  the real  world and the education of our students. This endowed scholarship will help us to do that by attracting outstanding students, enhancing affordability, and providing an excellent internship learning environment.”

The scholarship is offered through the ISU Foundation and is the result of a $50,000 endowment designed to target ISU business students who will benefit from an education subsidy and a hands-on internship within the Old National system.

“The Old National Bank scholarship marks an important new development in ISU/ONB relations,” said ISU President Lloyd W. Benjamin. “At ISU, we take pride in providing students with opportunities to be successful. The ONB scholarship helps support that growth both on campus and in the world of work. We thank Mr. Britt and the ONB organization for their generous support.”

Scholarships are awarded to selected undergraduate students who are interested in a career in financial services. Recipients are selected on the basis of academic record, scholastic aptitude test scores, potential to succeed, leadership and participation in school and community activities, honors, work experience, a statement of educational and career goals and an outside appraisal. An applicant must be a U.S. citizen, reside in an Old National market area, provide evidence of community service, be enrolled or planning to enroll as a full-time undergraduate student in the School of Business at ISU.

Recipients are selected based on the recommendation of a scholarship committee appointed by the dean of the ISU School of Business following review of each application. Recipients may seek to renew the scholarship for a maximum of eight consecutive semesters providing academic achievement is maintained (3.0 GPA) and declared major remains in the School of Business.

Applications for the scholarship for the next academic year are available through the School of Business, SB1109, Office of the Dean, Terre Haute, IN 47809. Call (812) 237-2000 for more information.


Jennifer Kearns, assistant director, public affairs
(812) 237-3743 or

ISU Public Affairs:
(812) 237-3773 or