IKY gives incentives to the best students by rewarding their excellence through scholarships in their first academic steps.
IKY finances scholarship holders within the context of its collaboration with CERN. Pre-graduate students are given the opportunity to participate in retraining programmes in physical and theoretical sciences (Geneva, Switzerland).
The State Scholarships Foundation implements a Scholarships programme in order to support the best and the financially weak students in order to make their pre-graduate studies in a Greek Higher Education Institution. It is important to note that the funding of 440.933,68 € is given from the Ministry of Education and Culture of Cyprus and that the money was collected after a fundraising o Cypriot students in 2012.