Welcome to IAMAW Mechanics Union Local 701
“Ours is the skill that keeps the Nation moving forward!”
IAM Scholarship Competition
Scholarship Competition Overview
This scholarship competition is open each year to members of the IAM and their children throughout the United States and Canada under procedures and rules of eligibility explained in this Announcement. The IAM Scholarship Fund, which is used exclusively to make possible these awards, was established by the delegates of the 1960 IAM Grand Lodge Convention.
The Scholarship Competition
Scholarships to make possible the attainment of a Bachelor’s degree or a two-year vocational/technical certification are determined in a competition among eligible applicants that is judged by a special Selection Committee.
Amount of the Awards
Awards to members are $2,000 per academic year. They are granted for a specific period from one to four years to enable the member to earn a Bachelor’s degree or a two-year vocational/technical certification.
Awards to Children of Members are:
-College – $1,000 per academic year. All awards are renewed each year until a Bachelor’s degree is obtained up to a maximum of four years.
-Vocational/Technical School – $2,000 per year until certification is reached up to a maximum of two years.
Please click HERE to visit the IAM Scholarship website for full details.
