The Rotary Club of Madison, Indiana awards scholarships to graduating seniors from Jefferson County and Madison high schools through its Madison Rotary FoundationScholarship Program:
- Jefferson County: The club awards $10,000 in scholarships annually to graduating seniors.
- Madison high schools: The club awards over $350,000 annually to support four-year college scholarships for students who demonstrate academic success, financial need, and outstanding character and leadership. Students must also show a strong sense of community responsibility and have achieved a 3.0 GPA or been accepted to an accredited four-year college or university. In addition to financial support, some students may be paired with a Rotarian mentor to help them transition to college and provide guidance throughout their coursework.