The IEEE Jack Keil Wolf ISIT Student Paper Award is given to up to 3 outstanding papers for which a student is the principal author and presenter. This author must be a registered student of an educational institution at the time of paper submission to be eligible. The criteria for the award includes both content and presentation. The award consists of a $500 honorarium to be divided equally between all student authors of the paper, and a plaque for each student author.

The Awards Committee is responsible for selecting the winners with the support of the ISIT TPC. The ISIT TPC recommends between 8 and 12 papers as finalists to the Awards Committee. The Awards Committee selects up to 6 papers as finalists. The Awards Committee judges the presentations, selects the winners, and announces the winners at the ISIT banquet.

Prior to 2013, this award was known as the ISIT Student Paper Award.