St. Xavier's Institution, Penang (SXI) was well known for her academic successes. Many of her students were recipients of prestigious scholastic awards like the Penang Centenary Scholarship and the Coronation Scholarship. Her students proved their academic worth and standing in the highly coveted and very competitive Queen's Scholarship founded in 1885 in honour of Queen Victoria. Annually, only two of this prestigious award were offered to students of the Straits Settlements. Later this number was increased to four and also opened to scholars of the Malay States. Its recipients were given the privilege to pursue tertiary studies in whatever field of their choice in any university in England.

The first award was made in 1886 and in 1888 Dunstan A. Aeria became the first Queen Scholar of St. Xavier's Institution. Of the eighty-eight scholarships awarded between the years 1886 and 1939 for the straits Settlements and the Malay States, fourteen were won by Xaverians.

Dunstan A. Aeria        1888       Engineering

J.C.J. Da Silva            1895       Medicine

R.E. Smith                  1899       Arts

M. Foley                     1900       Law

Tan Seng Suan            1902      Medicine

J.R. Aeria                   1906      Medicine

Khaw Oo Kek              1907      Medicine

Leong Yew Koh          1908       Law

Ooi Khye Tuan           1925       Law

Tan Ah Bok                1926       Law

Cheah Soon Hock      1928       Law

Keong Siew Tong      1933       Medicine

Lau Fook Khean        1934       Medicine

Oliver Phipps            1939        Law

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