During the spring 2016 College of Business and Economics (CBE) honors celebration, finance majors Kelly Mayid ’17 and Ashish Erasani ’17 (center) were each awarded a $25,000 Harold S. Geneen Scholarship from the Geneen Charitable Trust. With the students are Emily Ford (left), assistant dean of CBE undergraduate programs, and Katrina Zalatan, associate dean and director of CBE undergraduate programs.
The Harold S. Geneen Charitable Trust awarded two students each with a $25,000 scholarship for the 2016-17 school year. Kelly Mayid ’17 and Ashish Erasani ’17, both finance students in the College of Business and Economics (CBE), are the first recipients of the Geneen Scholarship.
The goal of the scholarship is to allow outstanding CBE students to reach their full potential without being limited by the burden of tuition. The Geneen Trust intends to reduce the amount of debt owed after graduation by awarding a scholarship that replaces student loans. Recipients are selected based on academic accomplishments, interest in corporate governance and business, leadership on campus, and financial need. This gift celebrates the shared commitment of the Geneen Charitable Trust and CBE to educate graduates who contribute to strong corporate governance and ethics in business.
“The Harold S. Geneen Scholarships give us the opportunity to both celebrate and support the development of students who demonstrate ethical and responsible behavior and hold great potential for future leadership and positive impact,” said Katrina Zalatan, associate dean of CBE undergraduate programs. “We are grateful to the Geneen Charitable Trust for providing this opportunity for our students and our CBE community.”
Mayid ’17 remarked about the tremendous generosity the Geneen Trust has shown her and said, “Receiving this scholarship has not only lifted my financial burden, but has also further encouraged my academics and work ethic — making the efforts I’ve put in this year all the more worthwhile. I am grateful to be one of its first recipients and hope to showcase this level of generosity one day in the future.”
Mayid is highly involved on campus. She has been a member of the Women and Business Club since her sophomore year and served as its president during the 2015-16 year. She was also purchasing coordinator and later vice president of finance in her sorority, Alpha Gamma Delta. In addition to working at the Center for Career and Professional Development since her sophomore year, Mayid serves as a manager of the Lehigh Liners, a phonathon program that she has been involved with since her freshman year. She also spent seven weeks interning in the marketing department at VC Group in Portugal during the summer of 2015 through the Lehigh Iacocca International Internship program. Mayid said that being awarded the Geneen Scholarship will allow her to pursue a CBE winter study abroad program in Dubai and Singapore.
Erasani also expressed gratitude for the Geneen Trust and said, “I am humbled and grateful to receive the Harold S. Geneen Scholarship. It is very encouraging to be recognized, and I am thankful to all of my advisors and professors who have encouraged me these past three years to follow my passions and get involved at Lehigh. I really appreciate the generosity of the Geneen Charitable Trust and hope to continue to make a positive impact on the Lehigh community.”
Erasani is active on campus as well, serving first as assistant treasurer and now assistant social chair in his fraternity, Psi Upsilon. He is currently in his third year as a mentor for the CBE H.A.W.K.S. Peer Advising Program. He was also involved with the Residence Hall Association during his sophomore year and has been a member of the Indian Student Association since freshman year. Another participant of the Iacocca International Internship program, Erasani worked as an international sales intern at Skoda in the Czech Republic in the summer of 2015. This past summer, he was a financial analyst intern at JP Morgan.
Mayid and Erasani were officially awarded the Geneen Scholarship during the 2016 CBE honors celebration, where Mayid was also given the 1904 Award for showing promise of future leadership, and Erasani was recognized for having a GPA above 3.60.
The Geneen Charitable Trust was created with funds provided by Harold S. Geneen, an American businessman and CEO of ITT Corporation.