The Combat Veterans Motorcycle Association Auxiliary (CVMA®-A) administers a scholarship program for CVMA or CVMAA members and their spouses, children, and grandchildren. This scholarship fund is supported by Auxiliary dues and donations. The Auxiliary Scholarship awards are unrestricted other than the requirement to attend an institute of higher learning seeking an Associate's or higher degree during the year of the award. The applicant must be a CVMA or CVMAA member, spouse, widow, legal child, stepchild, or grandchild of a CVMA or CVMAA member.

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All CVMA member types are eligible as scholarship sponsors (Full, Support, or Auxiliary). Members must be in good standing at the time of submission to sponsor an applicant. Each year the total amount awarded, and the number of awards given is determined in relation to the dues and donations received.