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Texas Bankers Foundation Announces New Tom Frost Memorial Scholarship for SWGSB Students

February 2021

AUSTIN (Feb. 5, 2021) – The Texas Bankers Foundation, the charitable arm of the Texas Bankers Association, is pleased to announce a new banker education scholarship, the Tom Frost Memorial Scholarship. Named for the late Tom Frost of Frost Bank, the scholarship is available to junior and senior students enrolled in the SW Graduate School of Banking at Southern Methodist University (SWGSB).

“We’re very honored that the Foundation has established this memorial scholarship, and it’s fitting that it would go to a student who has demonstrated a devotion to community service and engagement,” said President Pat Frost of Frost Bank. “Frost and the Frost family have a strong commitment to the communities where we do business. All of us at Frost extend our congratulations to this year’s recipient.”

The Tom Frost Memorial Scholarship honors this legendary Texas banker and former Texas Bankers Association Chairman by making a scholarship award to a deserving SWGSB student that exhibits Mr. Frost’s deep commitment to community service. The $2,500 award will be applied to the recipient’s tuition and is available to students for the 2021-2022 academic year with an application deadline of March 31, 2021.

Chris Furlow

“We greatly appreciate the generosity of TBA in establishing the Tom Frost Memorial Scholarship,” said S. Scott MacDonald, Ph.D., president and CEO of the SWGSB Foundation. “This unique scholarship will complement SWGSB’s other scholarship offerings and spotlight the important role community service has always played in banking. I know that this year’s recipient and those who follow will be grateful for this special recognition and the underwriting of their leadership development at SWGSB.”

“Tom Frost left a lasting example of community engagement for generations of bankers to come,” said TBA President and CEO Chris Furlow. “We are proud that this scholarship, through the exceptional work of SWGSB and the commitment of its students, will honor Mr. Frost’s legacy.”

SWGSB students interested in applying for the Tom Frost Scholarship can learn more by contacting Foundation Director Jocelyn Carby via email at and can download the application online. For more information about the work of the Texas Bankers Foundation, visit


About Texas Bankers Foundation

The Texas Bankers Foundation, the philanthropic arm of the Texas Bankers Association, serves and supports Texas banks, their employees and communities through various programs, including financial literacy, scholarships, food bank support and disaster relief funds.

Texas Bankers Association
Sara Ryan: