Print Page | Contact Us | Sign In | Join



In 1972 the Pope Scholarship Fund was established.  It has provided over $170,000 in financial assistance to 80 deserving students at colleges and universities in North and South Carolina.

Named in memory of industry pioneer Claude E. Pope, the scholarships are offered to college students studying mortgage banking, finance or a related field.  The scholarships are funded entirely by donations from members and the Scholarship and Recognition Committee's fund-raising efforts.

The $3,000 scholarships are offered annually to rising college juniors.  The committee awards one scholarship to a North Carolina student and one to a South Carolina student each year.

To qualify, students must have a minimum GPA of 3.0 and an interest in a career in mortgage banking or finance.  The scholarships are a way to encourage talented young people to seek careers in our industry.

Claude E. Pope was actively involved with the Mortgage Bankers Association of the Carolinas, Inc. and was involved with scholarship opportunities for students through MBAC efforts.  He served as president of the Mortgage Bankers Association of America.  He served as North Carolina's Secretary of Commerce from January 8, 1987, to January 24, 1989.

To apply for the Pope Scholarship please click on this link.

During the 1989 Session of the General Assembly of North Carolina the Resolution shown below was ratified:










The Dee McCandlish Scholarship Fund was established in 2008 and was first announced at the 52nd Annual Convention of MBAC in Hilton Head, SC on the retirement of former Executive Director McCandlish.  The scholarship was created to honor McCandlish for her excellence in service to MBAC over a 20 year period.

The scholarship fund is designed for employees of MBAC member firms or MBAC individual members whose studies are directed towards the mortgage banking or mortgage financing field and will enhance the recipients' career opportunities within the mortgage lending industry.  Applicants must apply and state why they are seeking the scholarship and they must identify what mortgage banking goals have been set.  Preference will be given to women applicants.

Applicants must currently be employed by a MBAC member firm or be a MBAC individual member in either North Carolina or South Carolina.  Applicants must reside in either North Carolina or South Carolina.  They may attend a school or course not necessarily in the state where they reside.

The financial need of the scholarship will not be the basis for the decision of the committee. 

Applications will be reviewed by the Scholarship and Recognition Committee twice yearly.  Awards will be made in March and September.  Applications for March awards must be submitted prior to February 1st, and applications for September must be received prior to August 1st.

Awards are limited to tuition, registration, class materials, or lodging for applicants wishing to further their careers in Mortgage Banking.  Travel and meals will not be covered.