The Cave Conservancy Foundation provides funding in support of cave and karst related research by students. Research on caves and karst in any field are eligible, including but not limited to archeology, biology, engineering, environmental science, geography, geology, hydrology, and social science. The research may involve caves and karst areas anywhere in the world, but applicants must be full-time students at a U.S. college or university.

Both Master's and PhD students may apply, but Master's students will receive $10,000 in funding, whereas PhDs will receive $20,000.