AACE International is dedicated to
advancing the study of cost engineering, and cost management through the integrative
process of total cost management. To promote this objective, AACEI awards academic
scholarships to full-time students pursuing a related degree in engineering, construction
management, building construction, computer sciences, business, quantity surveying,
information technology, etc. The cost engineering profession uses the process of total
cost management to identify and define those areas of business in which the discipline of
cost engineering and cost management principles may be applied to plan and control
resources, assets, costs, profitability, and risk. The major elements of the cost
engineering discipline include estimating, project/product controls, planning and
scheduling, business sciences, and project/product management.
AACE International scholarships are
available in amounts ranging from $750 to $3,000. Specific awards will be determined based
on your overall scholarship and collegiate accomplishments.
Applicants must be currently
enrolled full-time students who have achieved at least second-year academic standing in a
program related to cost engineering/cost management. These programs include:
Agricultural Engineering
Architectural Engineering
Building Construction
Business Administration
Chemical Engineering
Civil Engineering
Industrial Engineering
Manufacturing Engineering
Mechanical Engineering
Mining Engineering
Electrical Engineering
Quantity Surveying
Applicants in their final undergraduate year must have
been accepted to attend a full-time graduate program in the next academic year to qualify
for a scholarship.
AACE International scholarships are awarded for use in
the fall term of the next academic year. The process follows this cycle each year:
September 1 to October 15 - Obtain an application on
campus or use one of the electronic applications below
October 15 - By this date, applications must be turned in
to your campus collection point or mailed to the local section contact on the list below
November 15 - After the local sections' judging committees
have reviewed all applications received, they submit the semi-finalists to AACE
International Headquarters office by this date
November 15 to December 1 - AACE Headquarters distributes
semi-finalists applications to Education Board for second round of judging
Winter Education Board Meeting - Education Board
identifies finalists, and makes determination of awards
February 1 - All candidates are notified of the results of
the judging
August 1 - scholarship checks are mailed to the schools of
the winners
Scholarship recipients are selected
on the basis of academic performance (35%), extracurricular activities (35%), and an essay
(30%) on the value of study of cost engineering or total cost management. The essay should
explain why cost management will be important in your career goals.
We are currently in the process of changing the Scholarship Application process. Your patience is appreciated.
If you have any questions or require further
information, please contact:
Charla Miller
Phone: 800.858.COST or +1.304.2968444
E-mail: cmiller@aacei.org
