In a statement on Sunday, founder and president of the US-Ireland Alliance Trina Vargo said its board of directors had unanimously agreed to change the name of the scholarship.
“The decision was made due to new information that has come to light as part of the release of documents related to Jeffrey Epstein by the Department of Justice on Friday,” Vargo said.
“We are extremely proud of the program and the scholars, and this turn of events in no way diminishes their achievements or our commitment to keeping them connected to the island, the Alliance, and each other.
“This decision allows us to focus on our mission to strengthen the ties between the US and the island of Ireland.
“Given the current state of the relationship, that is more important than ever.”
Vargo said it would take time for the name to be changed on the website, social media accounts and other channels as conversations were needed with organisations, supporters and the Irish government.
The Alliance did not say what new information had prompted the decision