Every year Quantum College holds a mathematics contest based on which some of its best current and prospective students are nominated to receive fee waivers from the College. Students receive funding based on the contest results, as well as academic progress and their need.

Students who receive a fee waiver from the College are then nominated for the Quantum Alumni Scholarship. Our Board of Trustees then begins the difficult process of decision making and selects students based on both academic merit and financial need. 

A stipend cycle spans the entire academic year, starting in September and ending in August, with stipends disbursed monthly. If a student is selected as a Quantum Alumni Scholarship recipient, they will receive the stipend for the rest of their education at Quantum College. This is conditional upon excellent academic progress verified at the end of each academic year.