The HII Scholarship Fund was established in 2016 to provide financial assistance to dependent children of HII employees who are pursuing a post-secondary college or technical/vocation degree and to dependent children who are enrolled in qualifying pre-kindergarten school readiness programs. Individual award amounts range from $3,000 for selected students enrolled in a four-year college program to $1,500 for selected students enrolled in two-year programs; the post-secondary awards are renewable for recipients who remain in good academic standing. The fund also awards scholarships of up to $3,000 for pre-school education costs.
Children of all HII employees are eligible to apply, with the exception of children of senior executives and those employees who have been with the company for less than two years. The HII Scholarship Fund is administered by Scholarship America. No employee or officer of HII plays a part in the selection process.