The Study Field Foundation was established in 1948. The scholarships were directed at first toward high school and college students with high grades. In 1956 they were limited to college and university students, and they were extended to doctoral candidates in 1981.
學田基金會創立於民國卅七年，當時的獎助對象為操行與學業成績在八十分以上的大專及高中學生，每人每月可獲得舊台幣十萬元的獎勵。