Phi Beta Kappa fosters and promotes the liberal arts through the scholarships and awards it bestows upon those who have excelled in the liberal arts and sciences. This is done through fellowships, service awards and literary awards.
- The Sidney Hook Memorial Award recognizes national distinction by a single scholar in each of three endeavors - scholarship, undergraduate teaching, and leadership in the cause of liberal arts education.
- The Mary Isabel Sibley Fellowship, established by a bequest from Miss Isabel Stone in honor of her mother, is awarded annually to young women who wish to study Greek or French language and literature.
- The Walter J. Jensen Fellowship, aimed to help educators and researchers improve the study of French in the U.S., is awarded annually for six months of study in France.
- The Award for Distinguished Service to the Humanities is given to recognized individuals who have made significant contributions in the field of the humanities.
- The Romanell-PBK Professorship is awarded annually, on a nonrenewable basis, to scholars in the field of philosophy, without restriction to any one school of philosophical thought. The professorship is intended to recognize not only distinguished achievement but also the recipient’s contribution or potential contribution to public understanding of philosophy.
- The Phi Beta Kappa Book Awards, which are sponsored by the Phi Beta Kappa Society, are given annually in December to outstanding scholarly books that have been published in the United States in the fields of the humanities, the social sciences, the natural sciences and mathematics.
Further information about these scholarships and awards may be obtained through the PBK website.