The University of Athens will grant four scholarships from the proceeds of Heritage Sotiriou Papazafeiropoulos students in all faculties and departments of Greek universities originating in the Municipality Andritsainas, the Province Olympia or end of the Prefecture of Ilia hailing from the City Andritsainas, the District of Olympia or the end of the Ilia. The monthly amount of the scholarship is Euro 300,00.
Fellows are required each year to produce certificates with progress of a satisfactory rating. If the scholarship is interrupted by the fault of fellows or if fellows do not receive the degree within one year of the expiry of the time of their studies, they must repay the amount of the grant received by then. The scholarship may be interrupted if, for whatever reason, wanted bring about a reduction of the annual revenue of the Endowment. In this case, no right shall be acquired for the fellow whose scholarship was discontinued. The maximum family income of the applicant, when the criterion for the award of the fellowship is defined, must not exede, Euro 25,000 (income from liberal professions, etc.) and euro 35,000 (employment income) increased by euro 1,500 for each child in excess of two.