The Cresson Traveling Scholarship, also known as the William Emlen Cresson Memorial Traveling Scholarship, is a two-year scholarship for foreign travel and/or study awarded annually to art students at the Pennsylvania Academy of the Fine Arts in Philadelphia, Pennsylvania.
Awarded for excellence, the prize was funded by Emlen and Priscilla Cresson in memory of their son William Emlen Cresson, an Academy alumnus who died in 1868 at the age of 23. He had been a child prodigy painter who began exhibiting at the Academy at the age of 11.
The first Cresson Traveling Scholarships were awarded in 1902. Initially, they were $1,000 one-year scholarships, renewable for a second year, and sometimes beyond. Multiple awards were given in painting, along with one in sculpture and one in architecture. Awards in illustration were added later.
Cresson European Scholarships of $5000 for summer travel, were also awarded annually. These were not as prestigious as the two-year scholarships, with which they are often confused.
Laura Wheeler Waring, the first African-American woman to win a Cresson Traveling Scholarship, was studying in Paris in 1914 when World War I broke out. Subsequent winners were allowed to postpone their travel until the conflict was over.