The IBCA offers financial support for the families of selected IBCA scholarship winners each year.
In 2020, because of the COVID-19 pandemic, the IBCA awarded only 11 seniors in the amount of $500 each. In previous years, about 40 seniors each received grants of $750 each. If funding for the scholarship program allows, the IBCA would like to return to the earlier level of awards (both in number and amount) for the 2020-21 school year.
IBCA Junior Mannies, Marion Crawley and Pat Aikman Scholarships were awarded last spring to deserving young people who helped perpetuate our great game of basketball in Indiana. These are students who help make coaching a great profession.
The Mannies Scholarship is presented to students who have a physical handicap but have contributed to their respective school's athletic program.
Criteria for the Crawley Scholarship include achievement in basketball, achievement in academics, participation in extracurricular activities and service to one's school and community.
Criteria for the Aikman Scholarship include achievements and contributions in basketball, scholastic achievement, extra-curricular activities, and service to school and community. Also, those considered for the Aikman Scholarship are students who plan to enter the fields of journalism, sports management, athletic training or physical therapy.
Through the years, the IBCA has awarded more than $730,000 in scholarships to our young people. The following 11 students were awarded scholarships in 2020.
JUNIOR MANNIES AWARD
| Student | School | Coach | Position |
| Baylee Foor | Hagerstown | Chris Oliger | manager |
MARION CRAWLEY AWARDS
Boys Players
| Student | School | Coach |
| Evan Barr | Mt. Vernon (Fortville) | Ben Rhoades |
| Drew Luce | Wapahani | Matt Luce |
| Dylan Stafford | Muncie Central | Chandler Thompson |
Girls Players
| Student | School | Coach |
| Tessa Lomax | Columbus North | Pat McKee |
| Olivia Shearer | Columbia City | Amy Shearer |
| Alyson Spaulding | Eastern Hancock | Shari Doud |
Student Managers
| Student | School | Coach |
| Ryan Huggler | Winamac | Alan Huggler |
| Elizabeth Langdon | Blackford | Jerry Hoover |
| Haileigh Nonte | Barr-Reeve | Josh Thompson |
PAT AIKMAN AWARD
| Student | School | Coach | Role |
| Colton Monday | Shenandoah | David McCollough | player |
