IACM-FORTH issue Scholarships to students with extraordinary marks. Students can renew the prize up to the fourth year if some criteria are met.
Students who successfully sit entry exams at University of Crete are eligible. Only students enrolled in the first year at the Department of Mathematics will be considered. In addition, some candidates will be chosen among students with the best marks in their first postgraduate year. Furthermore, the best undergraduate students at the Computer Science Department will be awarded with similar Scholarships. Such Scholarships can be renewed every year if the recipients earn the expected credits and marks.