Preference to sons, daughters, grandsons, or granddaughters of Acacia Fraternity members or Freemasons. $5,000 per year. Recipients of the Acacia Scholarship may renew the award each year until graduation if they remain in good academic standing. A maximum of three Acacia Scholarships at UCLA are awarded, though this scholarship is not available every year. Any eligible undergraduate may apply for the award in any year (freshman through senior.) Funding is renewable through the senior year only.