Iota Phi Lambda Sorority, Inc. promotes business education throughout the nation by offering scholarships on our local, regional, and national levels. The sorority believes that education is a key component which opens the doorway to pursuing and achieving career goals in lasting professions or entrepreneurial endeavors. Gamma Chapter supports these pursuits by awarding merit and need based scholarships to young women and men driven to earn degrees in business or related professional fields. (Gamma Chapter sponsors scholarships for residents of the DC, MD, and VA, metropolitan area ONLY.)