Aviation Major Scores Second NAFA Scholarship

For the second year in a row York College/CUNY student, Muhammad Khattak has won an impressive scholarship from the National Aircraft Finance Association (NAFA).

The Aviation Management major at York won $3,400 in the spring of 2012 and recently won the organization's highest scholarship, in the amount of $5,000.

Khattak, who maintains an outstanding grade point average (GPA), was surprised by the repeat scholarship.

“I didn’t think I’d get it two years in a row, but it was worth a shot,” he remarked. “It’s always the guys like Embry Riddle Aeronautical University who get these awards; but we’re moving up. I think Aviation at York is moving forward at a high pace.”

According to the organization , the NAFA Corporate Aviation Business Scholarship award was established to benefit full-time college students enrolled in bachelors, masters/MBA or PhD degrees for business careers in corporate aviation, “specifically within the corporate aircraft Finance, Legal and Insurance community with an emphasis on aviation business management.”

Dr. Chun-Pin Hsu, Khattak's Finance professor who is also director of the CUNY Aviation Institute at York College, consistently informs his students about scholarship opportunities.

"I always promote the scholarship in my class," said Hsu. "It’s very competitive. It is the highest standard association in aviation finance. They only give out three to four scholarships per year and they usually go to institutions like Embry Riddle Aeronautical University, Florida Institute of Technology, University of North Dakota…and they don’t get it every year. It’s almost impossible for the same student to get it two years in a row." NAFA explains that it all depends on the credentials of the applicant and the availability of the funds.

"The amount of NAFA Scholarship funds bestowed to any individual applicant is based on donor contributions received by NAFA, and each applicant’s credentials," says Anthony Kioussis, of the (NAFA) Scholarship Committee. "NAFA is committed to providing Scholarships on an annual basis to worthy candidates majoring in Accounting, Business Marketing, Economics, and/or Finance, with a focus on Aviation Business/Management.  As such, Muhammad Khattak's GPA, major coursework, and specific courses taken earned him high marks, and placed him within the group of recipients."

Kioussis added that, based on his performance while attending [York], CUNY, "Mr. Khattak should have a bright future – in whatever sector of business aviation he elects to pursue – and our industry looks forward to his contributions. "

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