Hello chmeparent,
I believe that most universities have scholarships for undergraduate Chemical Engineering students. The best source of information is the university for which you (or your child) is applying. There are usually certain conditions which need to be met in order for the scholarship(s) to be awarded. Since each school and each scholarship is unique in its own right, you should check out the 'student union' to find out more information.
Also, most universities have various scholarships posted on their website.
I hope this helps,
Eugene