The Alley Scholarship is presented annually to a Drake economics major who has a grade point average of 3.00 or higher and who has completed the sophomore year. Recipients normally receive the scholarship for both their junior and senior years provided they meet all qualifications. Winners are chosen by the Office of Student Financial Planning in September or October and normally enjoy scholarship support for two years. Recent winners are shown below.

The Herbert W. and Edna M. Bohlman Award was established by former students and friends in honor of Dr. and Mrs. Bohlman. Dr. Bohlman (left) was member of the Economics Department from 1924 to 1967. He served as Dean of the Graduate Division from 1940 to 1954, and Dean of the College of Business Administration from 1954 to 1964. Mrs. Bohlman taught economics and social studies for 64 years in the Des Moines School District, at the Des Moines Area Community College, and at Grandview College.

The income from Bohlman Award Fund is divided between two students each year: one enrolled in the College of Business and the other a major in Economics. The Economics winner, normally a junior, is chosen by the economics faculty in March. The winner then enjoys scholarship support for the following (senior) academic year. Both awards are presented at the annual CBPA awards convocation. Recent Economics winners are shown below.

This award, consisting of an engraved plaque, is given annually to the outstanding senior majoring in economics. The winner is chosen by the economics faculty in March. The award is presented at the annual CBPA awards convocation. Recent winners are shown below.