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The Pioneer Fund established a college scholarship program in 2010 to assist eligible current and former amateur and professional ice skaters who dedicated their lives to skating and now wish to pursue a college education. Scholarships are offered each year for full-time undergraduate study at an accredited institution of the student's choice. Eligible individuals are skaters who have competed at least once in a U.S. Figure Skating qualifying competition at the novice level or higher in either a Men's, Ladies, Dance or Pairs event.

This scholarship program is administered by Scholarship Management Services, a division of Scholarship America. Awards are granted without regard to race, color, creed, religion, sexual orientation, age, gender, disability or national origin. A total of $240,000 in scholarship will be awarded ranging from $4,000 to $8,000 per scholarship recipient and scholarship awards will be announced in June, 2017.

Applications are open and the deadline to apply is February 17, 2017.