The 423 Fund
2025 Scholarship Program
Application Is Now Open. Deadline is June 15th, 2025 by 11:59pm.
Dear Scholarship Applicant,
Alpha Phi Alpha Fraternity, Inc., Rho Iota Lambda Chapter and The 423 Fund are excited to provide two one-time scholarships in the amount of $1,500 for two eligible students in their noble pursuit of higher education. Scholarship funds will be awarded upon evidence of matriculation in an accredited technical, vocational, two-year, or four-year institution and will be paid directly to the institution’s bursar office or the department that manages financial accounts.
Below, you will find information regarding the criteria and eligibility, submission requirements, and deadlines for our 2025 scholarships.
Criteria & Eligibility
Applicants must be a graduating high school senior from Chesterfield County Public Schools in the year of the award, with the exception of undergraduate applicants of The Sphinx Award;
Applicants must meet all of the criteria for the award in which they are applying;
Applicant must possess at least a 2.5 grade point average;
Applicants must demonstrate community involvement, academic excellence, and plan to attend an accredited technical, vocational, two-year, or four-year institution;
Applicants may not be related or a dependent of any board member or staff of the 423 Fund.
Application Submission Requirements
Application packets must include the following in order to be considered:
Completed and typed application;
Two (2) letters of recommendation from a teacher, administrator, counselor, or an individual with significant knowledge regarding the applicant’s experience and involvement;
A resume outlining employment, extra curricular activities, honors, awards, and/or community service;
An official and recent transcript with your cumulative grade point average. Transcripts can be unsealed and uploaded with your application.
A personal essay of no more than 500 words, double-spaced and 12 point font in Times New Roman. Please review your essay before submission.
2025 Scholarship Awards
The Sphinx Award
Alpha Phi Alpha Fraternity, Inc. develops leaders, promotes brotherhood and academic excellence, while providing service and advocacy for our communities. This award will be granted to a current undergraduate student or the dependent of an active and financial member (provide Alpha ID #) who has exemplified exceptional leadership abilities, academic excellence, and a demonstrated track record of community service.
The President and Chairman's Scholastic Achievement Award
The President and Chairman's Scholastic Achievement Award is a prestigious scholarship recognizing outstanding academic excellence, leadership qualities, and a commitment to intellectual growth. This award will be granted to applicants pursuing a career in public service, the nonprofit sector, social justice oriented work, science, technology, engineering, mathematics, or education.
Application Deadline
The deadline for scholarship applications is June 15th, 2025 by 11:59 PM, no exceptions. Applicants will be notified by July 5th, 2025. Incomplete or late applications will not be considered.
Please do not hesitate to contact our scholarship team if you have any questions, concerns, or need additional information at education@rhoiotalambda.org or info@423fund.org. We look forward to reading your outstanding materials and we wish you the best as you pursue higher education.
Best regards,
Marquis W
Director of Educational Affairs
2025 Scholarship Committee
423 Fund Board of Executives
2025 Scholarship Committee