The scholarship is awarded to Post-secondary students who have completed at least one year of Bachelor of Commerce (BCom) education, achieve an average GPA of 3.3 or higher and are still enrolled in post-secondary studies. Students must also be either a visible minority, or a recent immigrant to Canada, or both, as well as demonstrate community service to be eligible for this scholarship.

This $5,000 scholarship was created by the family of the late Iyshie Mariam Kazeil in her memory. The scholarship is awarded to the top female applicant in all categories. There is no application process for this award. The AREF adjudicating committee decides on the winner of this scholarship after reviewing all applications.

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