AIST I.E. Madsen Scholarship Fund
Forecasted
AIST I.E. Madsen Scholarship Fund supports MIT engineering undergraduates through an endowed scholarship that provides educational assistance to advance their undergraduate engineering education.
Funder: Association for Iron and Steel Technology Foundation
Due Dates (Anticipated): January 2027 (Application deadline)
Funding Amounts: Need-based scholarship support funded through an AIST endowment
Summary: Supports undergraduate engineering education at MIT through a scholarship endowment honoring I.E. Madsen.
Key Information: Restricted to undergraduates enrolled in MIT’s School of Engineering; MIT awards and administers the scholarship.
Description
The AIST I.E. Madsen Scholarship Fund provides educational assistance to undergraduate students enrolled in the Massachusetts Institute of Technology’s School of Engineering. Established in 1966, the endowment honors I.E. Madsen, who served as AISE research and standards engineer from 1945 to 1965. Its purpose is scholarship support for engineering education, rather than funding a specified research program or project.
AIST donations fund the endowment, while MIT is responsible for awarding and administering the scholarship based on individual need. The fund remains part of AIST’s endowment scholarship offerings, for which students apply directly at their institution. MIT’s financial aid information is the point of reference for current procedures and timing.
