F. A. Hayek Memorial Scholarship

The F. A. Hayek Memorial Scholarship Fund was established by Adam G. Chin, a 1999 graduate from North Central College. The purpose of this scholarship is to provide financial assistance to one (1) student who meets the following criteria:

  • Must be a current, full-time student at North Central College, who will be a Junior or Senior in the upcoming fall semester
  • Must be in good standing with the College
  • Must have at least a 3.0 cumulative grade point average
  • Must have declared a major that falls within the School of Business and Entrepreneurship, including, but not limited to, Accounting, Economics, Finance, Human Resource Management, International Business, Management, and Marketing.
  • Must submit an essay that concisely describes the impact, if any, of the price mechanism on a free market and on a free society.
  • Must have financial need

This scholarship is not automatically renewable.

Award
Varies
Deadline
04/01/2026
Supplemental Questions
  1. The selected recipient for this scholarship must have declared a major that falls within the School of Business and Entrepreneurship. From the list provided, please select your major(s) that meets this criteria.
  2. Regarding your selected major(s) on the previous question: If you selected "Other", please enter your major that fits the criteria for this scholarship.
  3. Essay Required: Please concisely describe the impact, if any, of the price mechanism on a free market and on a free society.