The Bud and Katherine Rae Aviation Scholarship aids in career preparation, promotes aviation safety through education, training, and research, encourages the scientific study of aviation-related phenomena, and fosters the growth of community leaders with an interest in aviation. Candidates must be residents of Saginaw County, citizens of the United States, and accepted or enrolled in an aviation-related programme at a technical institution, community college, or university in the state of Michigan. Must exhibit the qualities of character, dedication, and aptitude necessary for a career in aviation. Interest in and participation in aviation-related activities, such as Civil Air Patrol or Young Eagle, is also essential.