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    ISTAT Foundation Scholarship Program

    The ISTAT Foundation is actively engaged in helping young people develop careers in aviation by offering scholarships typically up to $10,000 to college-level students who are academically qualified and in need of financial support. The program is administered by the Scholarship Committee of the ISTAT Foundation Board of Trustees in conjunction with accredited universities who recommend qualified students.Click here to access the ISTAT Scholarship Program Overview.

    ISTAT_AreasOfStudy.jpgApplications: The committee is no longer accepting applications for the 2017 ISTAT Scholarship Program. Please visit our website in the first quarter of 2018 for more information on next year's program. 


    Students interested in applying for a scholarship must secure a nomination from a faculty member at a qualified university (see below). Click here to access the ISTAT Scholarship Program FAQ for more information.

    All past scholarship recipients are welcome to join ISTAT on our ISTAT Foundation Scholarship Alumni Network on LinkedIn.

    Universities InfographicPieces7 (1).png

    Qualified institutions are invited to submit one (1) candidate (unless requested otherwise) for consideration on an annual basis. For qualified institutions that have more than one aviation-related course/program, the university can submit one candidate per course/program.

    If you are a university representative and would like more information about how your institution can provide aviation scholarships to students, please contact the ISTAT Ambassador assigned to your university. Click here to access the list of ISTAT Ambassadors. If your university is not listed, please contact:


    Candidates shall meet the following criteria:

    Aviation Scholarship Students

    • Completion of at least two years of undergraduate (bachelors) studies or be enrolled in graduate (masters) or post graduate (doctoral) studies;
    • Students must hold an academic ranking within the top 25% (75 - 100%) (United States Grade Point Average requirement: 3.0 or above on a 4.0 scale);
    • Need of financial support for university tuition-only fees. The student’s financial need must be noted in the financial aid section and personal statement;
    • Enrolled in one of the following programs: aviation finance, aviation law, aeronautical engineering, aviation management, aeronautical science, aviation computer science, aviation maintenance, airport management, air traffic control, or related field. At this time, we are not accepting applications from flight/pilot candidates;
    • Commitment to a career in aviation;
    • Involvement in extra-curricular/community activities indicating leadership qualities.


    Named Scholarships 

    In addition to ISTAT Scholarships, the ISTAT Foundation grants special scholarship awards to specific universities as requested by the individual donors; so-called Named Scholarships. Certain Named Scholarship funds include donations that were matched by ISTAT.

    Steven F. Udvar-Hazy Scholarship Award

    This scholarship is awarded to two students annually;
    one (1) from Embry-Riddle Aeronautical University 
    and one (1) from Purdue University.

    Jon Batchelor Scholarship Award

    This scholarship is awarded to two students at
    universities in Florida, USA annually.

    Michael Metcalf Scholarship Award

    This scholarship is awarded to one
    Broward College student annually.

    Hafthor Hafsteinsson Scholarship Award

    This scholarship is awarded to one student at
    a universityoutside of the USA studying aviation
    aviation economics, aviation law
    or equipment finance.

    Gilbert W. Speed Memorial Scholarship Award  

    This scholarship is awarded to one
    student annually.

    Joseph Nadol Memorial Scholarship Award

    This scholarship is awarded to one 
    student with a concentration in aviation
    research and/or finance annually.

    GECAS Africa Scholarship Award

    This scholarship is awarded to African students
    at an African university annually.

    Norman C.T. Liu Greater China
    Scholarship Award

    This scholarship is awarded to 17 students at
    three universities in Greater China annually.

    ISTAT Foundation/Omni Air International
    Scholarship Award

    This scholarship is awarded to one
    Oklahoma State University annually.


    ISTAT Foundation/Diane K. Ballweg
    Scholarship Award

    This scholarship is awarded to four Lewis University students annually.


    2017 Scholarship Recipients Will Be Announced Before 1 July, 2017.


    Scholarship Program Committee

    The 2017 Scholarship Committee is comprised of Andy LaStella (Chairman), Julian Balaam, Kristen Chmielewski, Peter Huijbers, Mohamed El-Boraï, Amy Li, Satoru Ohki, Murrae Ross-Eskell, Betsy Snyder, Mark Streeter, and Konrad Walters.

    Scholarship Program History

    The 2016 Scholarship Program
    The 2015 Scholarship Program

    The 2014 Scholarship Program
    The 2013 Scholarship Program
    The 2012 Scholarship Program
    The 2011 Scholarship Program
    The 2010 Scholarship Program
    The 2009 Scholarship Program
    The 2008 Scholarship Program
    The 2007 Scholarship Program
    The 2006 Scholarship Program

    International Society of Transport Aircraft Trading

    330 N. Wabash, Suite 2000, Chicago, IL 60611 USA

    Tel: +1.312.321.5169 Email: