The Memorandum of Understanding between Delta Chi Omega and Alfred State College states the following:
"The sisters of Delta Chi Omega Sorority at Alfred State College created the Scholarship to provide financial support to active Delta Chi Omega sisters enrolled at Alfred State.
To be eligible for consideration, an applicant for this scholarship must be:
a current qualified Delta Chi Omega member
Eligible for financial assistance
In good academic standing with a 2.8 GPA or higher
Exhibiting outstanding moral character "
The corpus for the fund was raised by November 2017. After the college vests the money for one year, the eligible sisters receives the interest earned from the money.