The foundation offers scholarship money to fund college courses, travelling abroad and placements in commercial production.
Concern was raised at last week's trustees meeting that students are suffering along with City bankers and estate agents in the current financial situation.
Garden writer Peter Seabrook said: "Students need to know that there are cash grants available to help pay for fees, books or travel."
Trustee Brian Crosby said: "Perhaps students do not realise the funding that is available as there have been fewer applications over the past few years."
Six horticultural colleges are currently part of the scheme: Capel Manor, Hadlow, Pershore, Welsh College of Horticulture, Writtle and Greenmount College. Students can apply through their colleges to be supported by foundation money.
The foundation also offers:
- The David Colegrave-Ed Markham International Scholarship Award $4,500 (about £3,000) to help a student work for a horticultural business in North America;
- The Wyevale Garden Centres Scholarships Two students can receive £1,500 a year to help them enter the garden retail sector;
- The Floranova Ornamental Horticulture Research Scholarship £1,500 for a student to undertake R&D work;
- The Ball Colegrave Scholarship £2,500 for a member of staff in the early stages of their career at a commercial bedding plant nursery, to fund travel to Europe to develop their knowledge of bedding plant production and marketing.
The deadline is 31 January and students are urged to apply now.
For more details, visit www.davidcolegravefoundation.org.uk
www.HorticultureWeek.co.uk/forums to comment on this story.