Students who are enrolled full-time in the Iowa State University’s College of Business as freshmen, sophomores, juniors, or seniors are eligible for the Benjamin and Patricia Allen Scholarship. Priority is given to first-generation students, who are the first members of their family to complete their higher education.
The Benjamin and Patricia Allen Scholarship requires full-time enrollment in the Ivy College of Business from applicants. First-generation students—defined as those whose parents did not earn a four-year degree from an institution of higher education—shall be given preference. The recipients of this prize must be undergraduate students. If beneficiaries continue to receive it, this scholarship may be extended for an additional three (3) years.