The Dr. R. Lee and Louella Smith Memorial Scholarship was established on September 25, 2006, by Terry and Patty Smith and Mona Bea (Smith) Kelly, as a memorial for their parents.

It is to be awarded to a graduating senior from Jac-Cen-Del High School who wishes to pursue a degree in the field of medicine (a doctor, nurse, pharmacist, medical researcher, or physical therapist). If there is no qualified student entering the medical field, the scholarship is to be awarded to any qualified student who desires to attend college.