NSERC's Experience Awards (previously Industrial Undergraduate Student Research Awards [IUSRA]) are meant to stimulate the students' interest in research in the natural sciences and engineering and to encourage them to undertake graduate studies and to pursue a research career in these fields. They are also meant to foster the development of companies' innovation capacity and to improve employment prospects for recent college graduates through university-industry partnerships.

Starting from 2016, the FRQNT will offer a supplement to NSERC'S Experience Awards scholarship by awarding an extra $ 2,000 to the Experience scholarship holders enrolled at an eligible university in Quebec. To receive the FRQNT supplement, the Experience award holder must complete the FRQNT online form after having received his or her award NSERC letter indicating that he or she is eligible to the supplement.

The Experience Awards Program is managed by NSERC and clarification on the rules and procedures of the program are available on the NSERC website.