The AIST I.E. Madsen Scholarship Fund supports MIT engineering undergraduates in fields related to iron and steel, fostering future industry leaders through the Association for Iron and Steel Technology Foundation.
Funder: Association for Iron and Steel Technology Foundation
Due Dates: February 1, 2027 (anticipated annual application deadline)
Funding Amounts: Amount varies; typically supports MIT undergraduate engineering tuition; awarded based on need and endowment income.
Summary: Supports MIT undergraduate engineering students with financial need, funded by the AIST Foundation in memory of I.E. Madsen.
The AIST I.E. Madsen Scholarship Fund is an endowment established by the Association for Iron and Steel Technology Foundation to honor I.E. Madsen. The scholarship provides financial support to undergraduate students enrolled in the School of Engineering at the Massachusetts Institute of Technology (MIT). Its primary goal is to encourage and assist students with demonstrated financial need who are pursuing studies in engineering fields relevant to the iron and steel industry. The scholarship is administered by MIT and reflects the AIST Foundation’s commitment to developing the next generation of engineers for the steel sector.