The Iota Alpha Chapter Scholarship was established in 2018 by the Iota Alpha Chapter. The 2022-2023 recipient was Jennifer Mills, Gamma Chi.
The Rosemary House Brevard Leadership Fund for Iota Alpha Chapter was established in 2019 by Rosemary House Brevard, Delta—University of Texas, Austin, as part of her commitment to the We Believe Campaign. This fund will provide the opportunity for a member of Iota Alpha Chapter to attend a leadership program offered by Alpha Delta Pi Sorority.