One of the stated purposes of this Society shall be to award an annual scholarship(s) to a student(s) in good standing at the CIA. The Board of Directors, with the assistance of the CIA Staff, will select one or more students to be scholarship recipients. The Scholarship(s) shall be presented at the January Dinner held at the CIA.The student(s) must have lived in the Mid Hudson Region prior to entering the CIA. The number of recipient(s) as well as dollar value of the scholarship(s) shall be determined by the Board of Directors. The scholarship program is funded by membership dues and a surcharge added to the monthly events.