Iannotti graduated with a 3.89 GPA and a bachelor's degree in marketing from SIU in December.
He is one of 10 finalists being considered for a $5,000 post-graduate scholarship, which two players will receive.
The 52-person list consisted of seven other Missouri Valley Conference players, the second-most of any other conference. The Big Sky Conference had nine.
"Each of the nominees were required to have a minimum grade-point average of 3.20 (on a 4.00 scale) in undergraduate study and have been a starter or key player with legitimate athletics credentials," according to the FCS ADA website.