Chicago Executive Pilots Association will award one or more scholarships to individuals who are Illinois residents and are also members of CEPA.
| Academic Scholarship | Flight Training at Chicago Executive Airport |
| You are attending an accredited school located in Illinois pursuing a course of study in a recognized professional aviation program as a college sophomore, junior or senior. | You are training for your Private Pilot certificate or advanced rating or certificate at an approved flight training facility at Chicago Executive Airport. |