The Monarch Awards Foundation, Inc. Illinois College or University Scholarship is a scholarship program that is awarded to African American high school seniors who reside in Illinois and plan to attend an accredited college or university in Illinois. The scholarship is offered by the Monarch Awards Foundation, Inc., which is a nonprofit organization that aims to promote academic excellence and community service among African American youth in the Chicago metropolitan area.
The scholarship provides financial assistance to cover tuition, fees, books, and other educational expenses for one academic year. The amount of the scholarship varies depending on the availability of funds and the number of qualified applicants. It is awarded based on academic achievement, financial need, community service, and extracurricular involvement. The application deadline is typically in the spring, and the scholarship recipient is announced in the summer.