AACE International is dedicated to advancing the study of cost engineering, and cost management through the integrative process of total cost management. To promote this objective, AACE awards academic scholarships to full-time students pursuing a related degree in engineering, construction management, building construction, computer sciences, business, quantity surveying, information technology, etc. For more information and to get applications forms go to the Scholarship area of the AACEI website.

In addition to the competitive scholarships awarded through AACE International, the Calgary-Chinook section has set up scholarships funds at the University of Calgary and SAIT and make regular, yearly contributions.