The John T. Petters Foundation is a private foundation that works to advance the educational experiences by providing scholarships of deserving students. The Foundation focuses its scholarships to support international business study abroad and social entrepreneurship service programs. The Foundation is based on six core values which carry forward John T. Petters' legacy: 1) Passion: We pursue our mission as exuberantly as John T. Petters pursued his dream of helping students in financial need to study abroad. 2) Integrity: Our values guide our work, without compromise. 3) Excellence: We strive for the highest quality in all that we do. 4) Inclusiveness: We support a diverse group of students from all walks of life. 5) Courage: We strive to meet the challenges of exploring new countries, new thinking, and new skills. 6) Caring: We demonstrate concern and respect for the needs of the students, families, institutions and benefactors with whom we work.
The applicant must be an undergraduate college student in good academic standing. The program is restricted to study abroad programs focusing on international business. The study abroad program must be eligible for credit by the student's home institution. The applicant must have financial need. The applicant must be a US citizen.