Academic Scholarship Thinkstock Share: Academic Program European Fund Academic Program The European Fund (EF) Academic Program is established to recognize the academic accomplishments of students graduating from high school who are dependants of European Fund Members and to encourage students to continue towards post-secondary studies. VALUE The EF annually allocates a sum of euros in support of the European Fund Academic Program. All students accepted and attending a recognized post-secondary institution will receive up to €500. Click here for the application form. Must be completed and submitted to PSP(E).