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In 1973, in honor of the ideals and principles of equal opportunity and social justice in education, a group of Chicana/os comprised of members from the community and University of Utah students, staff, and faculty initiated the Chicana/o Scholarship Fund at the University of Utah. Committed to all students of diversity who promote the cultural pride and tradition of the Chicana/o-Latina/o community, the Chicana/o Scholarship Fund recognizes and assists students in their undergraduate and/or graduate education endeavors. The Chicana/o Scholarship Fund awards a total of eight scholarships in an academic year. Four scholarships in the amount of $2500 are awarded to graduating high school seniors who will be entering their freshman year at the University of Utah. Three scholarships in the amount of $2000 are awarded to undergraduate students at the University of Utah. One scholarship in the amount of $1500 is awarded to graduate students at the University of Utah.

Eligible students are selected on the basis of family background, life challenges, scholastic effort and involvement in community activities that promote cultural pride and strengthen the Chicana/o-Latina/o community. Financial need may strongly influence the final selection.