NRF Foundation Names Top Five Finalists for Next Generation Scholarship

WASHINGTON – The NRF Foundation today announced the five undergraduate finalists of the Next Generation Scholarship, the organization’s premier scholarship competition. First created in 2014, the scholarship is for students of various and diverse academic backgrounds who have demonstrated leadership skills, previous retail experience and a passion for making an impact.

“The NRF Foundation is honored to recognize the top five finalists of the Next Generation scholarship,” NRF Foundation Executive Director Bill Thorne said. “These individuals have demonstrated incredible passion, ingenuity and creativity throughout the competition, and we look forward to celebrating their success next month at the NRF Foundation Honors.”

Presented by SAS, the program will see the top recipient receiving a $25,000 tuition scholarship; the other four finalists will each receive a $10,000 tuition scholarship. The winner will be announced on stage at the NRF Foundation Honors on Jan. 15 in New York City.

The 2023 NRF Foundation Next Generation Scholarship finalists are:

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“These individuals have demonstrated incredible passion, ingenuity and creativity throughout the competition, and we look forward to celebrating their success next month at the NRF Foundation Honors.”

NRF Foundation Executive Director Bill Thorne
  • Clay Lute (LIM College)
  • Megan Marr (LIM College)
  • Olivia Meyer (Kent State University)
  • Hiral Patadia (Fashion Institute of Design and Merchandising)
  • Lauren Schmahl (Indiana University)

The finalists were chosen from 10 semifinalists based on video interviews with NRF staff. The final round of the competition will include interviews with the NRF Foundation Board of Directors to determine the top recipient.

An earlier part of the competition included a summer case study created in collaboration with Nordstrom and two interviews with assigned retailers. Since 2014, more than $900,000 in funds have been awarded through the NRF Foundation Next Generation Scholarship.

The 2023 NRF Foundation Honors will take place on Jan. 15 at the Marriott Marquis Times Square and will be co-hosted by Bloomingdale’s Chairman and CEO and NRF Foundation Board Chairman Tony Spring and Walmart U.S. President and CEO and NRF Board Chairman John Furner.

Visit nrffoundation.org/accelerate/scholarships for more information about NRF Foundation scholarships.

About NRF
The National Retail Federation, the world’s largest retail trade association, passionately advocates for the people, brands, policies and ideas that help retail thrive. From its headquarters in Washington, D.C., NRF empowers the industry that powers the economy. Retail is the nation’s largest private-sector employer, contributing $3.9 trillion to annual GDP and supporting one in four U.S. jobs — 52 million working Americans. For over a century, NRF has been a voice for every retailer and every retail job, educating, inspiring and communicating the powerful impact retail has on local communities and global economies. nrf.com

About NRF Foundation
The NRF Foundation provides the skills and resources needed for a life-changing career. As NRF's nonprofit 501(c)(3), we connect people to an industry that’s a great place to start and a great place to grow. Together, we help people build better lives and stronger communities. nrffoundation.org