Hearld and Marge Ambler Scholarship

$6,000Award Amount
2Number of Awards
3/13/2023Submission Deadline

The Community Foundation of the Ozarks is a nonprofit organization committed to improving the quality of life of Missouri residents. It offers grants, resource development, and public leadership training services to other nonprofits in Missouri. Among those grants is the Hearld and Marge Ambler Scholarship to support college students with financial need.

The annual $6,000 scholarship is awarded to two college students each, pursuing business-related degrees with preference given to accounting majors. Juniors, seniors, and fifth-year students can apply for the scholarship. Applicants must be attending a university in Missouri or its neighboring states.

Applicants must be employed while in college and have a minimum GPA of 3.0. Applicants are required to submit a one-page essay, two recommendation letters, and an official transcript. A FAFSA Expected Family Contribution (EFC) should be indicated on the application.

Key Information of Hearld and Marge Ambler Scholarship

Study Details

Area of Study

  • Accounting
  • Business
  • Business Accounting

Country of Study

United States

Specific Schools


Scholarship Details

Intended Level of Study


Award Amount


Number of Awards


Hearld and Marge Ambler Scholarship Timeline

February 2023

Application Opening Date

Applications open on February 1.

March 2023

Submission Deadline

The submission deadline is on March 13.

April 2023

Awards Announcement Date

Winners are announced in April.

Scholarship Eligibility

To be eligible to apply, applicants must meet the following criteria.

  • Eligible Grade: Undergraduate
  • Maximum Age: Any
  • Required GPA: 3
  • Geographic Eligibility: Arkansas, Illinois, Iowa, Kansas, Kentucky, Missouri, Nebraska, Tennessee, Oklahoma
  • Gender: Any
  • Race/Ethnicity: Any

Application Requirements

Here’s what you need to submits besides your application.

  • Grade transcript
  • Short Answers
  • Essay
  • Financial Information
  • Recommendation letters
  • Present Work Experiences

How to ace the Hearld and Marge Ambler Scholarship


Renew your FAFSA early

Renewing your FAFSA doesn't take much time. Ensure you do it early enough so you can focus on other aspects of the application. You can renew your FAFSA as early as October.


Select recommenders wisely

A glowing recommendation letter comes from someone who knows you well. Select supervisors and instructors who have worked with you closely and can give accurate and detailed information about your abilities. Request them early enough to give them ample time to write and review the recommendation letter.


Create an essay outline

Your essay should give insights into your personal goals, your work experience, community and school activities you're involved in as well as a bit about yourself. Plan the structure of your essay in an outline to enable you to write with a clear focus. Include any anecdotes you may want to use.


Write a winning essay

Write the first draft and proceed to edit it till it's clear, cohesive, and error-free. This may require multiple sessions but all the effort you put in will be worth it. When your essay feels perfect, schedule two more sessions at least three days apart to help you view it with fresh eyes. Remember to seek feedback from a few friends.

How the Hearld and Marge Ambler Scholarship is Judged

Applicants are judged based on academic merit, work experience, community engagement, and leadership skills. Demonstrated financial need is also considered.

Why We Love the Hearld and Marge Ambler Scholarship


It can be used in many universities

The scholarship can be used in any of the universities in Missouri and its neighboring states.


Applying is free

Applicants are not charged any application fees.


Open to all

Eligibility includes all despite race, ethnicity, gender, religion, etc.

5 Facts About Hearld Ambler


He was Managing Partner of BKD LLP

He served as the first managing partner of BKD accounting firm from 1976 - 1986.


He was one of CFO's founders

Hearld was of the 11 founders of CFO


He's been volunteering for over 30 years

Hearld has been helping the elderly file taxes for over 30 years.


He received the 2016 Humanitarian Award

The CFO Humanitarian Award is given to people who excel at serving others.


He served in Friends of the Zoo

Hearld was on the board of Friends of the Zoo.

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