IAC Charitable Foundation awards scholarships to high-achieving, high-performing students from historically and systemically underrepresented communities. The program's independent scholarship selection committee will award scholarships up to $10,000 for specific academic related purposes as informed by the student’s application and approved by the committee. 

Please note that if awarded, the candidate is responsible for any U.S. federal, state or local income tax obligations in connection with receipt of the Scholarship. 

The 2025 IAC Charitable Foundation Scholarship Application will open August 1, 2025 and close September 19, 2025. Please note that candidates' recommendation letters will be due Wednesday, September 24, 2025. Applicants will be notified of committee selections and funds will be disbursed by December 31, 2025. 

Eligibility Requirements

• Federal Pell Grant eligible as indicated on your FAFSA Student Aid Report (SAR). [Following award notification, recipients  will be required to provide a copy of their eligibility letter.] 
• Enrolled at an accredited college or university and will still be enrolled in the Spring 2026 semester. 
• U.S. citizen or eligible noncitizen as defined by FAFSA.

In evaluating applications, the Foundation will consider the following factors in addition to financial need:

• Cumulative GPA.
• Record of enrollment and success in rigorous courses,  e.g., honors, AP, IB, dual credit, or concurrent enrollment courses (if available).
• Scores on the PSAT, SAT, PLAN, and/or ACT (if taken).
• Intellectual curiosity and devotion to study. 
• Hunger to learn and achieve academically.
• Evidence of analytical reading and writing skills.
• Employment and volunteerism opportunities. 
• Leadership abilities.
• Responsibilities to family and community. 
• Ethics, integrity, and strength of character. 
• An interest in STEM.
• First-generation college status.

For scholarship related inquiries, email iacfoundationscholarship@iac.com.