Students at The College of Saint Benedict and Saint John's University are eligible to be considered for scholarships granted by the Department of Economics.

Information on scholarships is typically available by early spring semester. Eligibility requirements are listed below and applications can be accessed here.

Scholarship recipients are then selected by two faculty members from the Department, and formal presentation of the awards occurs during the Celebrating Scholarship and Creativity Day celebration.

Applicants will be considered for all the scholarships for which they are eligible. Eligible students must be Economics majors who have earned or are currently enrolled in at least eight credits in economics courses at CSB/SJU. No student may win a second scholarship in the same category, i.e. only one Merrill per student.

The intent is to award the higher dollar scholarships to the recipients deemed most qualified. Academic achievement is the prime consideration in making these awards. However, extracurricular and service activities will be considered as important factors. Students will need to upload an unofficial copy of their transcripts (PDF) to the application form.

The following table summarizes scholarships available to Economics majors:

Scholarships Available if Student is a: Available to Students at:
Charles E. Merrill Sophomore SJU
Charles E. Merrill Junior SJU
Dennis Watkins Junior CSB
Karl C. Fruth Memorial Sophomore


Fr. Gervase Soukup



Women In Economics

Sophomore, Junior, or Rising Senior


Two or three Charles E. Merrill Scholarships have been made available through a grant from the Charles E. Merrill Trust to reward students for excellence. One or two of these awards will be made to Economics majors who will graduate from Saint John’s during the following academic year, and the other to an Economics major who will graduate from Saint John’s during the two academic years hence.

One Dennis Watkins Scholarship has been made available through a grant to reward students for excellence. This award will be made to an Economics major who will graduate from the College of St. Benedict during the following academic year.

The Karl C. Fruth Memorial Scholarship Fund was established in memory of Karl C. Fruth (class of 1986) by Terence Fruth, father of Karl C. Fruth. This scholarship is intended to encourage students at CSB/SJU to pursue a rigorous academic program in preparation for graduate or professional education at schools of repute. This scholarship is available to CSB or SJU students who are completing their sophomore year and are planning to major in Economics. Junior recipients who have maintained a minimum GPA of 3.0 are eligible to renew their award if they continue in the Economics major and their academic performance indicates that they are candidates for graduate or professional education.

Fr. Gervase Soukup has been made available in alternating years among SJU Accounting, Economics or Global Business Leadership majors with need. (not available for 2017-18) 

One Women in Economics Scholarship has been made available from the College of Saint Benedict Endowed Fund contributed to by faculty and alums of the Department of Economics. The scholarship is available for students of the College of Saint Benedict who are in good academic standing and plan to complete a major in Economics. Scholarship recipients are only eligible to receive this scholarship once.