In 2011 SACAC launched the Extend the Dream Scholarship as a way in which to honor deserving students with scholarship assistance to help cover some of the costs in attending a post-secondary institution. The scholarship has been limited to students who attend high schools located within the nine member states and the Caribbean.
In 2018 SACAC renamed the scholarship the Horizon Award and re-purposed the funding to better reflect the mission of SACAC. While there remains a need to support students in pursuing a post-secondary education, the Horizon Award will now also acknowledge deserving college counselors and CBO advisors in a similar manner.
In 2019 The Horizon Award will be awarded to five high school students in the amount of $1,000 for one-time use. As a matching award, a college counselor or Community Based Organization advisor who has been nominated by the chosen students will receive $1,000 to be used towards professional development opportunities, such as conference registration fees, annual membership dues for SACAC, or fees associated with participation in any SACAC- or NACAC-related event.