finance Archives | University of Central Florida News Central Florida Research, Arts, Technology, Student Life and College News, Stories and More Mon, 04 Apr 2022 15:26:28 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 /wp-content/blogs.dir/20/files/2019/05/cropped-logo-150x150.png finance Archives | University of Central Florida News 32 32 Misty Shepherd Appointed Senior Associate VP for Financial Affairs /news/misty-shepherd-appointed-senior-associate-vp-for-financial-affairs/ Fri, 30 Jul 2021 18:25:07 +0000 /news/?p=121968 Shepherd, a certified public accountant, previously served as chief financial officer for the UCF Foundation before accepting the interim position as the university 麻豆精品 S檚 COO.

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Misty Shepherd, who helped guide UCF for nearly three years as interim vice president and chief operating officer, has taken on a new leadership role: senior associate vice president for Financial Affairs.

Shepherd, a certified public accountant, previously served as chief financial officer for the UCF Foundation before accepting the interim position as the university 麻豆精品 S檚 COO.

Headshot of Misty Shepherd
Misty Shepherd is UCF’s new senior associate vice president for financial affairs.

In her new role, Shepherd will oversee the offices of finance and budget, and other strategic projects within the Division of Administration and Finance. She will report to Senior Vice President of Administration and Finance Gerald Hector, helping oversee all financial matters, the new budget model, and business processes that will shape UCF 麻豆精品 S檚 transparent reporting of financial information.

麻豆精品 S淢isty is an experienced and seasoned finance and accounting professional, 麻豆精品 S Hector says. 麻豆精品 S淗aving started her career in public accounting, she brings to this role not only those skills, but her relationships both on and off campus afford her the opportunity to meld her understanding of a plethora of UCF’s policies, practices and procedures into a strategy that can have immediate impact as we continue with our change management activities. 麻豆精品 S

Shepherd says she 麻豆精品 S檚 excited to return to the financial side of the university 麻豆精品 S檚 operations.

麻豆精品 S淭his is an amazing group of talented professionals who provide critical infrastructure and service dedicated to the success of this institution and its mission, and I am truly honored by the opportunity to lend my support and leadership at such a pivotal time, 麻豆精品 S she says.

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Misty Headshot Misty Shepherd is UCF's new senior associate vice president for financial affairs.
Healthy Eating and Travel Apps Win Big at UCF 麻豆精品 S檚 2018 Social Venture Competition /news/healthy-eating-and-travel-apps-win-big-at-ucfs-2018-social-venture-competition/ Wed, 28 Nov 2018 16:49:03 +0000 /news/?p=92490 The annual contest supports student entrepreneurs aiming to better the world through their innovative ideas.

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A pocket dietitian, road-trip-sharing service and an app designed to improve countryside travel earned top honors at UCF 麻豆精品 S檚 2018 Social Venture Competition. The competition, which took place Nov. 15 and is in its third year, rewards students who develop solutions intended to impact society 麻豆精品 S檚 biggest problems.

Senior photonic science and engineering major Rafaela Frota beat out six other finalist companies with her concept for Wawwe (We Are What We Eat.) The mobile app uses data and algorithms to help people decide whether they should eat something based on their personal dietary needs.

The competition rewards students who develop solutions intended to impact society 麻豆精品 S檚 biggest problems.

In under seven minutes, finalists had to present the problem they intended to solve, the solution they planned to offer, and a sustainable and scalable business model that could deliver the solution. Then they had up to three minutes to answer questions from a panel of three judges, who selected winners based on criterion such as concept, social impact, context, performance measures and presentation.

麻豆精品 S淭he inspiration for Wawwe came from my desire to help give confidence and support to people diagnosed with a diet restrictive illness and were feeling lost and overwhelmed, 麻豆精品 S says Frota, who came up with the idea at 14 after watching food documentaries such as Food Inc. 麻豆精品 S淢y dream is to work with hospitals across the nation to bring Wawwe to as many patients as possible and increase their health through easy access, easy to understand personalized nutrition. 麻豆精品 S

Frota was awarded a $2,500 scholarship from State Farm Insurance, which sponsors the contest. Second-place finishers took home $1,250 and third-placed earned $500 in scholarship funding.

About the Competition

UCF 麻豆精品 S檚 Social Venture Competition differs from other business contests because at the core of each business is a greater purpose to serve individuals or a community. Cameron Ford, director of UCF 麻豆精品 S檚 Center for Entrepreneurial Leadership and Blackstone LaunchPad, created the competition in 2015 to provide a platform for students to learn how to utilize entrepreneurship to address complex, social problems.

麻豆精品 S淥ne of the challenges with social ventures or enterprises is evaluating their success,” Ford says. 麻豆精品 S淚t 麻豆精品 S檚 a little bit different from a standard corporate [measurement,] like sales, revenue, number of customers and stuff like that. Here you 麻豆精品 S檙e looking at things a little more broadly, like impact, which can be pretty difficult to measure. 麻豆精品 S

麻豆精品 S淯CF has really paved the way for us to have access to so many more opportunities … and we 麻豆精品 S檙e incredibly grateful for that. 麻豆精品 S 麻豆精品 S撎David Thomas Moran 麻豆精品 S14MFA

Last year, texts and technology doctoral studentDavid Thomas Moran 麻豆精品 S14MFA听and听art major听Nathan Selikoff 麻豆精品 S04,听a Burnett Honors Scholar,听were able to overcome this challenge. They won the competition with their transportation tech startup Omnimodal. The platform merges real-time public transportation information with already existing navigation apps so users can use their phones to get around easier. Their win at UCF led them to even greater success in the local community as they went on to win Central Florida 麻豆精品 S檚 Rally Social Enterprise Accelerator.

麻豆精品 S淭he [Social Venture Competition] reminded Nathan and I that it 麻豆精品 S檚 so important to break out of our innovation silos and actively engage with all the incredible opportunity spaces across the Central Florida startup community here at UCF and beyond, 麻豆精品 S says Moran.听 麻豆精品 S淯CF has really paved the way for us to have access to so many more opportunities since we won last year and we 麻豆精品 S檙e incredibly grateful for that. 麻豆精品 S

This Year 麻豆精品 S檚 Winners

About thirty minutes before this year 麻豆精品 S檚 competition, two finalists realized they had similar ideas for their long-distance ride sharing app 麻豆精品 S down to the same statistics used in their presentation.听 Rather than compete against each other, senior information technology major Eliecer Vera and junior computer science major Breezy Baldwin recognized an opportunity to be more successful through partnership

麻豆精品 S淚t was really bizarre how identical they were. We both realized that neither of us would be likely to win the competition if we had the exact same pitch, but that it applied to our companies as well. We both can 麻豆精品 S檛 go head-to-head in the exact same market, 麻豆精品 S says Baldwin.

麻豆精品 S淲e both realized that neither of us would be likely to win the competition if we had the exact same pitch. 麻豆精品 S 麻豆精品 S撎鼴reezy Baldwin, UCF student

Within minutes Baldwin, who has been working on her idea for 18 months and Vera, who developed his four months ago, managed to successful merge their presentations and companies under the name Hchhkr (pronounced 麻豆精品 S渉itchhiker 麻豆精品 S.) So much so that they earned second place. They plan to continue working together.

Third place was awarded to Connected Wise, a smart onboard device that aims to improve safety in rural areas by allowing drivers to communicate with one another about road conditions. The company 麻豆精品 S檚 founders, Enes Karaaslan and Burak Sen, developed the idea from the areas of focus in their civil engineering doctoral studies.

The Food Exchange, developed by junior finance major Aurora Pavlish-Carpenter and first-year environmental engineering major Talia Gratz, earned an honorable mention and received $250. The app focuses on reducing food waste by allowing users to trade their unwanted food with other users nearby.

Other Finalists

Three more companies qualified to present at the competition:

  • Artificial Islands: Created by sophomore environmental engineering major Sache Fernandez, this social venture aims to protect urban coastal cities from tsunamis by building barrier islands off their coasts. These barrier islands will slow the tsunami down to reduce the wave 麻豆精品 S檚 destruction and death.
  • juujuuECO: Senior Nick Brown and sophomore Zach Rinker began noticing more and more people were improperly disposing plastic pods used for JUUL, an electronic cigarette, and wanted to do something to address the issue. juujuuECO is a platform that encourages JUUL users to turn in their used pods in return for free items or discounts on items from their tech-accessory company juujuuBox.
  • RadFlex Prosthetic Accessories: In 2017, senior finance Radley Gillis was in a motorcycle accident that necessitated him to have his legs amputated. The accident inspired Gillis to start a business that would help him and other amputees. The company 麻豆精品 S檚 purpose is to produce products that help reduce inconveniences related to cleaning and attaching prosthetics for amputees.
  • Students who are interested in pursuing any venture, social or otherwise, are encouraged to visit the Blackstone LaunchPad on the first floor of the Student Union to get one-on-one coaching from someone with experience or expertise.

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    Matchmaking for Brands and Bloggers /news/matchmaking-brands-bloggers/ Mon, 06 Aug 2018 18:00:59 +0000 /news/?p=89239 Two UCF alumni have launched an Orlando-based startup that helps companies and social media influencers find the perfect partners.

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    Kristen Wiley 麻豆精品 S14听never imagined that just a few years after graduation she would be choosing between a dream job offer and starting her own business.

    Had she accepted the offer, Wiley 麻豆精品 S檚 salary would have been almost unheard of for recent graduates in the marketing field. Instead, she chose the title of CEO for her own company 麻豆精品 S .

    As a result, the startup, which matches companies with social media influencers, has proven itself to be a leading innovative platform among Orlando 麻豆精品 S檚 emerging tech startups in just two years. Wiley credits the region 麻豆精品 S檚 growing entrepreneurial community and coworking spaces for much of her success and is looking forward to the possibilities in Orlando 麻豆精品 S檚 upcoming innovation district.

    Finding a Niche

    As an advertising and public relations major, Wiley was paid small amounts to advertise products for companies such as Hershey 麻豆精品 S檚 chocolates on her personal blog 麻豆精品 S a now-common practice in the marketing world known as influencer marketing. The experience landed her an internship at an advertising agency where she later accepted a full-time position upon graduation.

    麻豆精品 S淭hey thought of me as this social media savvy graduate, so they allowed me to build influencer marketing relationships with brands, 麻豆精品 S Wiley says.

    麻豆精品 S淏loggers need a lot of content and products to post about, but they get expensive, 麻豆精品 S says听Kristen Wiley 麻豆精品 S14.

    She was soon tasked with leading the endeavor for the agency when she noticed there was something missing from the relationship between brands and bloggers.

    麻豆精品 S淏loggers need a lot of content and products to post about, but they get expensive, 麻豆精品 S says Wiley, who was a Honors Scholar. 麻豆精品 S淎nd sometimes brands don 麻豆精品 S檛 send you products that match your interests. 麻豆精品 S

    Wiley 麻豆精品 S檚 idea to use a curated subscription box for influencers in exchange for blog postings seemed like it could fill the gap. It was a fresh idea, but she wasn 麻豆精品 S檛 sure if it would work. Wiley bought joinstatus.com and continued working full time at the agency.

    About a year later, Wiley was attending networking events around town when she was inspired by entrepreneur Suneera Madhani, CEO of the successful Orlando-based payment-processing company Fattmerchant.

    麻豆精品 S淪he was one of the first people who made me feel like I could do it, 麻豆精品 S says Wiley. 麻豆精品 S淪he had this confidence and strength in her business presentation, and something about that moment was a big turning point for me. 麻豆精品 S

    Wiley then made a promise to herself: If she applied to a local business incubator program called StarterStudio and was accepted, she would pursue the venture full time.

    Soon after, Statusphere was born in downtown Orlando.

    Statusphere’s curated subscription boxes allow influencers to pick the types of products they’ll receive in exchange for promoting companies online.

    StarterStudio Program Director Dayle Moore mentored Wiley in a variety of areas such as business model development, market strategy, fundraising and getting down her pitch.

    麻豆精品 S淚 麻豆精品 S檝e helped hundreds of startups, but it 麻豆精品 S檚 not every day you meet a founder like Kristen, 麻豆精品 S says Moore. 麻豆精品 S淪he brings a strong market understanding and passion to the table, while having an innovative idea and strategy to back it. 麻豆精品 S

    Within the first year, Wiley had clients including Freeman Beauty, Safeway and Barnie 麻豆精品 S檚 Coffee and Tea Co. She also brought another Knight on to the team, Theresa Joseph 麻豆精品 S17, as director of operations. Joseph 麻豆精品 S檚 previous experience included a finance internship at NASA. Much like Wiley, Joseph, a , realized that she wanted to pursue creativity and flexibility in her work. The alumni say the best part about running a startup is the ability to bounce ideas off each other and implement new concepts quickly.

    麻豆精品 S淚 think Kristen and I both have the same policy on things, 麻豆精品 S says Joseph. 麻豆精品 S淛ust say yes to new ideas and new opportunities, and then we 麻豆精品 S檒l figure the rest out. 麻豆精品 S

    Diminishing听Doubt

    For Wiley and Joseph, the path to funding hasn 麻豆精品 S檛 been easy. Without investors, startups can 麻豆精品 S檛 scale the company up to a size effective enough to carry out its vision.

    麻豆精品 S淛ust say yes to new ideas and new opportunities, and then we 麻豆精品 S檒l figure the rest out, 麻豆精品 S says听Theresa Joseph 麻豆精品 S17.

    On trips to Silicon Valley to pitch potential investors, Wiley had to fight her way through the criticisms of Statusphere. Investors liked the concept but said her location wouldn 麻豆精品 S檛 work. Jason Calacanis, a former New York City tech kingpin and well-known angel investor who was one of the first to fund Uber, was one of those critics.

    He recommended Wiley take her company to cities such as Los Angeles, New York and San Francisco, suggesting they would be more beneficial to networking and company growth.

    Wiley 麻豆精品 S檚 quick response? Orlando fits the job, and her dollars stretch further here. Orlando International Airport is one of the most affordable international airports in the country. There is a large talent pool of college graduates specializing in STEM. And the cost of living in Central Florida is significantly lower in comparison to San Francisco.

    A strong case was made for keeping the company in Orlando to grow. Calacanis found the argument convincing enough to grant Statusphere a $100,000 investment and acceptance into the LAUNCH program, based in San Francisco.

    With these new funds, Wiley and Joseph have been working on the logistics of the company and growing the team. They now have a staff of five, plus three interns 麻豆精品 S攁ll are UCF graduates and students.

    A Bright Future

    The momentum for Statusphere is high and the startup movement in Orlando is not likely to slow down anytime soon. As digital technology permeates more of the world 麻豆精品 S檚 economy and social media remains a channel for brand innovation, opportunities for startups continue to grow.

    UCF Downtown will place students in closer proximity to accelerator programs such as StarterStudio, and give them more opportunities to collaborate with high-tech and creative companies in downtown.

    麻豆精品 S淯CF Downtown will be thought of as a pipeline into the entrepreneurial community that 麻豆精品 S檚 already rooted downtown, 麻豆精品 S Joseph says.

    麻豆精品 S淯CF Downtown will be thought of as a pipeline into the entrepreneurial community that 麻豆精品 S檚 already rooted downtown, 麻豆精品 S says Joseph. 麻豆精品 S淏etween the space coast and the university, Orlando is primed for something really cool. 麻豆精品 S

    For the two alumni, growing their company from Orlando couldn 麻豆精品 S檛 be a better decision.

    麻豆精品 S淭he bigger the tech culture grows, the bigger it will feel for everybody in it, 麻豆精品 S says Wiley.

    麻豆精品 S淲ithout this welcoming community here, it 麻豆精品 S檚 hard to envision what we would be attached to. There are benefits financially, but the benefits of having the support of the Orlando community are bigger than we could have possibly imagined. 麻豆精品 S

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    From Boots to Loafers: Alumnus Helps Fellow Veterans Transition from Military to Business /news/from-boots-to-loafers-alumnus-helps-fellow-veterans-transition-from-military-to-business/ Wed, 08 Jul 2015 19:19:55 +0000 /news/?p=67122 Joining the military was never a question for John Phillips, 麻豆精品 S82. It 麻豆精品 S檚 been in his family 麻豆精品 S檚 blood for more than two centuries, tracing his heritage back to William Harper, a Scotch Irishman, who traveled from Belfast to Charleston, S.C., on the ship Earl of Donegal in the mid-1700s, settling in Lancaster County.

    More recently, his uncle David Phillips served in the U.S. Navy during World War II; his aunt Marion Phillips Scherer served as U.S. Navy nurse stationed at Walter Reed Hospital and in Panama, also during World War II; another uncle, Charles Phillips, served in the U.S. Air Force; and his father, Steve Phillips Jr., served as an officer in the U.S. Army Infantry for 30 years, fighting in World War II and the Vietnam War.

    麻豆精品 S淭he tradition lives on with the newest addition, my nephew Steve Phillips IV, who currently serves in the U.S. Naval Reserve (and is an Orange County Deputy Sheriff), 麻豆精品 S he says. 麻豆精品 S淢y family has established a proud history of service and love of liberty, which is now simply a part of our DNA. 麻豆精品 S

    Phillips began his military journey after graduating from Oviedo High School. He was in the field artillery and spent a year in Oklahoma and two years in Augsburg, Germany. After receiving an honorable discharge two weeks after returning home, he started college at Valencia, with a concentration in business administration.

    When he transferred to UCF, he joined the Army ROTC program 麻豆精品 S eventually becoming its corps commander 麻豆精品 S and was commissioned into the U.S. Army as a field artillery officer. During his career, he was stationed in Oklahoma, Germany, Colorado, Kentucky, Georgia and Saudi Arabia.

    Through his experiences, he says he learned he can endure hostile weather and conditions and still come out just fine on the other end.

    Retired from the Army, Phillips works as director of finance for the System of the Future at The Coca-Cola Company 麻豆精品 S an organization that has a long-standing relationship with the Armed Forces, dating back to World War II.

    He credits his UCF business degree as the reason he 麻豆精品 S檚 worked in corporate finance at Coca-Cola for the past 16 years, as well as the reason that allowed him to be selected as a U.S. Army comptroller.

    Now, he 麻豆精品 S檚 sharing his military and business experiences in his first book, 麻豆精品 S淏oots to Loafers: Finding Your True North. 麻豆精品 S

    麻豆精品 S淚 麻豆精品 S檝e had [the book] in my mind for more than a decade, 麻豆精品 S he explains. 麻豆精品 S淸It] details how our veterans, who have fought the good fight, can now find a new 麻豆精品 S榯rue north 麻豆精品 S to help guide them through the journey toward their second life, or new normal, outside the gate. 麻豆精品 S

    Phillips had the opportunity to speak with fellow veterans about his book and experiences during the UCF Book Festival in April.

    麻豆精品 S淚 麻豆精品 S檓 an avid veterans 麻豆精品 S advocate, and helping those who will follow in my tracks is what I love to do, 麻豆精品 S he says. 麻豆精品 S淚 didn 麻豆精品 S檛 have anyone doing that for me when I retired, and I wish I did. 麻豆精品 S

    REPORTING FOR Q&A DUTY

    Q. What 麻豆精品 S檚 your least favorite word?

    A. I have three off the top of my head. One is 麻豆精品 S渄ude. 麻豆精品 S I hate it. And, if anyone says it to me, I correct them quickly. I 麻豆精品 S檇 also say 麻豆精品 S渘o 麻豆精品 S is not one of my favorites either. It takes three 麻豆精品 S渘o 麻豆精品 S漵 to make me go away, and then there 麻豆精品 S檚 no guarantees. And last, 麻豆精品 S渟upposed to 麻豆精品 S or 麻豆精品 S渟hould. 麻豆精品 S I hate it when people say this, because they are assuming something.

    Q. If you could learn to do anything, what would it be?

    A. Play the guitar like Stevie Ray Vaughn!

    Q. What/who makes you laugh out loud?

    A. Another 1982 UCF graduate and my best friend, Jim Lilly. We met on the practice football field at Oviedo High School trying to get the starting position on the team. We 麻豆精品 S檝e been best friends for more than four decades, and he lives right down the road from me here in Georgia!

    Q. What 麻豆精品 S檚 your favorite movie?

    A. I have three: 麻豆精品 S淒irty Dozen, 麻豆精品 S 麻豆精品 S淛eremiah Johnson 麻豆精品 S and 麻豆精品 S淭he Great Escape. 麻豆精品 S

    Q. What 麻豆精品 S檚 the best concert you ever attended?

    A. Eagles, 1977, Munich Olympia Halle. An incredible concert.

    Q. What 麻豆精品 S檚 your favorite place to visit?

    A. Three places come to mind: British Virgin Islands, St. George Island, and the great state of Idaho.

    Q. What 麻豆精品 S檚 something you learned in the past week?

    A. Patience. Go on vacation with six children and you learn to exercise a tremendous amount of patience and understanding. What we take for granted, they are just learning. Coach, teach, and mentor 麻豆精品 S just like I learned in the U.S. Army 麻豆精品 S holds true with kids.

    Q. What 麻豆精品 S檚 the best piece of advice you 麻豆精品 S檝e ever received?

    A. From my father: 麻豆精品 S淎lways take the harder right! 麻豆精品 S

    Q. What or who inspires you?

    A. I was inspired by my father. The things he did in his lifetime were incredible. He was one of the Greatest Generation 麻豆精品 S He was raised on a farm in rural South Carolina and went to Clemson College (was not a university back then) on a Sears & Roebuck scholarship, was in World War II and Vietnam, and retired from the U.S. Army as a Colonel. After his military career, he sold brick across the state of Florida, and much of UCF is his brick.

    Q. What do you do for fun?

    A. My wife and I love the British Virgin Islands. I also head west with my brother and close friends, and we either whitewater raft or canoe in remote locations through the western U.S. I 麻豆精品 S檓 an avid outdoorsman and love being in very remote and primitive locations.

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    Eminent Scholar Named in Dr. P. Phillips School of Real Estate /news/eminent-scholar-named-in-dr-p-phillips-school-of-real-estate/ Thu, 24 Feb 2011 17:46:34 +0000 /news/?p=20663

    Geoffrey K. Turnbull has been named the inaugural professor and Jim Heistand-NAIOP Eminent Scholar Chair in the Dr. P. Phillips School of Real Estate and the Department of Finance.

    Geoffrey K. Turnbull has been named the inaugural professor and Jim Heistand-NAIOP Eminent Scholar Chair in the Dr. P. Phillips School of Real Estate and the Department of Finance in the College of Business Administration.

    In this role, he will teach and continue his current research on real property markets, focusing on property rights issues in developed and developing countries, regulation effects on urban land use, and housing and real estate brokerage.

    Turnbull joins UCF from Georgia State University where he served as a professor of economics since 2001. Prior to that, he was the C.J. Brown Distinguished Professor of Real Estate at Louisiana State University.

    Turnbull has published extensively in scholarly journals on a range of topics in real estate economics. He is a fellow of the Weimer School of Advanced Studies in Real Estate and Land Economics and serves on the editorial boards of the Journal of Urban Economics, Real Estate Economics, Journal of Real Estate Finance and Economics, and Journal of Housing Economics. Additionally, he advises local governments and firms and organizations in the business services, energy, and hospitality industries.

    麻豆精品 S淚 look forward to being a part of the UCF College of Business Administration and the opportunity to help develop the Dr. P. Phillips School of Real Estate as a top tier center of real estate research and education in the U.S., 麻豆精品 S he said.

    The Jim Heistand – NAIOP Chair was made possible through the generosity of听James R. Heistand, Chairman and CEO of Eola Capital, and NAIOP, the Commercial Real Estate Development Association.

    UCF graduate and CBA Hall of Fame member听Nan B. McCormick, 麻豆精品 S83, past chair of NAIOP, played an integral role in securing industry investment in the UCF real estate program. “We are very excited that Geoffrey Turnbull has joined UCF. He has an outstanding research record and will be a great addition to the real estate program, 麻豆精品 S she said.

    The Heistand and NAIOP gift, combined with a matching grant from the State of Florida, creates an endowed fund of more than $1,000,000 to provide long term support for this important academic position.

    UCF offers an undergraduate as well as a professional master of real estate degree. The Dr. P. Phillips School of Real Estate was created in 2005 with a generous donation from Dr. Phillips Inc.

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    Recent Honors Business Grad Lalita Booth Wins Exclusive, High-Dollar Jack Kent Cooke Scholarship /news/honors-business-grad-lalita-booth-wins-exclusive-high-dollar-scholarship/ Thu, 09 Jul 2009 15:24:12 +0000 /news/?p=4212 Lalita Booth, '09, who graduated summa cum laude from UCF in May with dual degrees in finance and accounting, has won the nationally prestigious Jack Kent Cooke Graduate Scholarship.
    Lalita Booth, ’09, who graduated summa cum laude from UCF in May with dual degrees in finance and accounting, has won the nationally prestigious Jack Kent Cooke Graduate Scholarship.

    Lalita Booth, ’09, who graduated summa cum laude from UCF in May with dual degrees in finance and accounting, has won the nationally prestigious Jack Kent Cooke Graduate Scholarship, worth $50,000 per year for up to six years, funded by the Jack Kent Cooke Foundation.

    Bound for Harvard University this fall, Booth is one of only 30 students nationwide to receive the 2009 scholarship. Booth is the only recipient from a Florida university and is the sole recipient in the lower southeastern United States.

    Jack Kent Cooke Foundation scholarships are considered among the most competitive 麻豆精品 S攁nd the most generous 麻豆精品 S攁vailable.

    The Jack Kent Cooke Foundation’s Graduate Scholarship Program enables a select group of high-level achievers with demonstrated financial need to pursue graduate or professional study. The Foundation is known to recognize the accomplishments of students with compelling triumph-over-tragedy personal stories.

    A formerly homeless and single teenage mother, Booth turned her life around through vigorous commitment to her studies, and a strict adherence to her “make no excuses” work ethic. In her vow to help youth who are struggling in poverty, Booth, a former welfare recipient, combined her financial acumen and her passion for public service to create Lighthouse for Dreams, a financial literacy program aimed at educating and empowering high school students.

    “Founding Lighthouse for Dreams and working with high school students has been a deeply rewarding experience,” Booth said. “I love knowing that I can make a difference, and hopefully prevent other teens from going through the same challenges that I did.”

    The Jack Kent Cooke Graduate Scholarship distinction adds to the list of impressive scholarships Booth already has won. She was honored last year with the Harry S. Truman Scholarship, one of the nation’s most prestigious public policy awards. She is the first UCF student to win the $30,000 scholarship that each year recognizes up to 75 outstanding college student leaders devoted to public service.

    Booth’s name is not new to the Jack Kent Cooke Foundation. In 2006, she won a Jack Kent Cooke Foundation Undergraduate Transfer scholarship, which fully paid for her UCF undergraduate studies after transferring from Seminole Community College.

    This fall, she plans to pursue a joint Master of Public Policy and Master of Business Administration at Harvard’s Kennedy School of Government and the Harvard Business School. Her long-term career goal is to implement a variety of creative, empowerment-based reforms to welfare to help stem poverty in the United States.

    Booth credits the University of Central Florida in helping to pave the road toward her success.

    “At UCF, I felt tremendously supported. UCF really nurtured me. Everyone from the top down genuinely cared about my well-being and success and that is what made the difference.”

    She was a member of the UCF Order of Pegasus, the highest honor the university bestows upon students. During her undergraduate studies, she interned with two Florida state legislators and a United States congressman.

    “The story of Lalita is a great one and all of us can find inspiration in her exceptional will to succeed,” said Alvin Wang, dean of UCF 麻豆精品 S檚 Burnett Honors College. “Lalita shows us that ‘UCF stands for opportunity’ is not just a tagline but a reality for students who take advantage of the opportunities that are available to them.”

    To read an in-depth feature of Booth’s homeless-to-Harvard story published in UCF Today, visit /news/escape-artist/.

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    Lalita Booth Lalita Booth, '09, who graduated summa cum laude from UCF in May with dual degrees in finance and accounting, has won the nationally prestigious Jack Kent Cooke Graduate Scholarship.