The Young Radiator Company established this scholarship in memory of the company's founder, Fred M. Young, Sr. Mr. Young started the company in 1927 and saw it grow to become a major force in the field of Heat Transfer. He had a high regard for the value of engineering in terms of its contribution to the success of society. He felt that the profession's nobility lay in its' focus on building rather than allocating the assets of the world and improving rather than administering the product of our work. Fred M. Young, Sr. was a life member of SAE and was elected to the Fellow grade of membership in 1982.

Applicants must have a 3.75 grade point average, rank in the 90th percentile in both math and critical reading on SAT I or composite ACT scores, and pursue an engineering degree accredited by ABET.