One of the primary functions of the Society has been the continuous support of the educational endeavors of deserving students, through a scholarship fund created in 1977. Each year, the Society awards scholarships to qualified undergraduate and graduate full-time students. Applicants are eligible for a scholarship if they are currently attending or have been accepted by a college or university in Texas, have shown excellent scholastic performance in their corresponding field of study, and are of Hellenic heritage. High School students of Hellenic heritage who have been accepted to a University in Texas are also eligible to apply. Dollar amounts for the scholarship will vary.