The scholarships are named in honor of the late Dr. Prentice Gautt, a former Big 12 Conference staff member and student services' pioneer who passed away in March 2005. The list of all-time recipients has grown to 225 since the inception of the league in 1996-97. Starting in 2002-03, additional funding increased scholarship award winners to two per member institution.

To date the Big 12 has provided $1,385,600 for postgraduate education. The individual grants began at $2,500 in 1996-97, were raised to $5,000 in 1999, increased to $6,900 for 2004-05 and climbed to $7,500 in 2006-07.

Criteria for the awards includes a cumulative grade point average of 3.500 on a 4.000 scale, participation in at least two years of intercollegiate athletics at the nominee's respective institution and completion of athletics' eligibility. The student-athletes also must graduate from their respective member institutions within 15 months of their selection for a postgraduate scholarship and are expected to enroll in graduate/professional schools within two years of graduation. Three faculty representatives, one senior woman administrator and one director of athletics form the selection panel for the awards.

2008-09 Dr. Prentice Gautt Postgraduate Scholarship Recipients