Eligibility: Applicants must be currently enrolled full-time students who are enrolled in a program related to cost engineering/cost management. These programs include:
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.
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.
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.