Costello Scholarship Luncheon showcases growth in named scholarship funding

The Costello College of Businessat George Mason University recently announced a significant increase in scholarship money awarded to students-$1.3 million for the 2024-25 academic year-$500,000 of which went to named scholarships. Over the past five years, both the total amount of scholarship funding and the number of students who have received Costello scholarships have more than doubled.

As outlined by Ajay Vinzé, interim provost and executive vice president of George Mason University, priority number one at Costello is student readiness and career preparedness. "Scholarships play a huge role in the success of our students," he said.

Costello celebrated donors and scholarship recipients on November 18 at the annual Costello Scholarship Luncheon. The luncheon featured an inspiring lineup of speakers whose lives and careers have been shaped by scholarship support. Mitchell Cho, founder and CEO of FedWriters, Inc. (FWI), and a proud George Mason alum, shared his journey. As a student, he said, he was not the overachiever some might assume. What he did have was persistence and grit. Today, as a member of the Corporate and Community Partners Program, Cho views scholarships as an investment in the future. "Supporting scholarship is not just about philanthropy for us," he said. "It's about investing in the future."

Longtime donor Jim Beers, retired managing partner of Beers & Cutler, encouraged students to keep pushing forward toward their dreams. "It's so important what you're doing now-and it will be even more important after you graduate," he said.

Current students also shared their heartfelt reflections.

"Something I really appreciate about Costello is how it helps us grow," said Iman Choudry, recipient of the Robert Amy Scholarship.

Historian of the Costello Alumni Chapter Sandra Flores, BS Business Analytics '23, MS Business Analytics '25, credited her donor's generosity for making her dreams possible. "I made a promise that I would give back when I can," she said.

"I made a promise that I would give back when I can," she said.

- Sandra Flores, BS Business Analytics '23, MS Business Analytics '25, Historian of the Costello Alumni Chapter

While the speeches inspired and provided valuable insights, the luncheon's greatest asset was bringing students and their donors together to express gratitude, network, and to ask questions. Many of the donors once stood in the shoes of the recipients, facing similar challenges.

The Costello Scholarship Luncheon is a proud tradition, celebrating both student achievement and the generosity of donors. With the named scholarship funding continuing to rise, the Costello College of Business is sending a clear message that their business is student success.

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