September 28, 2016

Douglas C. Iles Memorial Scholarship

Douglas IlesThe Douglas C. Iles Memorial Scholarship has been established by his wife, Sandy, and his children, Ryan, Jeffrey, and Kristen, with the hope of honoring Doug’s incredible legacy. Doug was a lifelong Saginaw resident and loved giving back to his community. Doug touched countless lives and his influence has reached not only those in Saginaw and the state of Michigan but many throughout the United States as well. In his 34 years at Merrill Lynch, he served many great people, and he truly had a knack and a passion for assisting others in the management of their financial affairs. His colleagues, clients, friends, and family can all attest to his great knowledge and skill in his profession.  

Doug carried that same passion with him as he sought to foster and mentor the next generation of financial service professionals. He was actively involved as an adjunct professor at his alma mater, Central Michigan University, where he was also the chair of the Personal Financial Planning Program. Doug strongly valued education and was passionate about helping students achieve their educational goals. He was proud of his students and always showed up excited to pass on his knowledge and experience to scores of Chippewas at Central Michigan University (CMU). In honor of Doug’s love for helping others, both at CMU and the community at large, this scholarship has been developed to help foster the next generation of business students at CMU.  

Doug’s sudden and unexpected passing left a permanent void in the lives of those that he touched. It is the hope of his family that this memorial scholarship will help others to remember Doug’s zest for life and his innate ability to find the perfect way to quietly help others with his time, talents, and treasures. In this small way, Doug’s legacy will live on in the lives of students that share his passion for business as they further their education at CMU. 


  • Minimum 2.5 GPA
  • Graduating high school senior or currently enrolled at Central Michigan University
  • Pursuing undergraduate degree within College of Business at Central Michigan University
  • Part- or full-time enrollment

Evaluation Criteria

  • Essay (30)
  • Overall involvement (30)
  • Scholastic record (20)
  • ACT/SAT score (20) 

Special Attachment Required

Please refer to the online scholarship application for more information