NCAA Postgraduate Scholarships are awarded to student-athletes who excel academically and athletically and who are at least in their final year of intercollegiate athletics competition. Scholarships fund full or part-time graduate study.

The one-time non-renewable scholarships are awarded three times a year corresponding to each sport season (fall, winter and spring). Students must be nominated for a scholarship by their undergraduate institution. All former student-athletes who earned an undergraduate degree from an NCAA member school are eligible to be nominated by that school for an NCAA graduate degree scholarship, regardless of when they received their undergraduate degree.