STUDENT LOAN APPLICATION IS AVAILABLE FROM THE OFFICE IN STANTON, TX OR MILLHOLLON.COM WEBSITE. THE APPLICATION DETAILS THE INFORMATION REQUIRED. CRITERIA FOR APPROVAL OF THE STUDENT LOAN APPLICATION ARE FINANCIAL NEED, PRESENCE OF FINANCIAL ASSISTANCE FROM OTHER SOURCES, GOOD CHARACTER, EVIDENCE OF ABILITY TO LEARN AND DESIRE TO FURTHER ONE'S EDUCATION. NOT ALL APPLICANTS WILL BE APPROVED. ALL OTHER GRANTS TO QUALIFIED CHARITABLE ORGANIZATIONS ARE BY INVITATION OF THE TRUSTEES AND APPLICATION IS PROVIDED WHEN INVITED.

THE EDUCATIONAL TRUST MAKES STUDENT LOANS TO DESERVING APPLICANTS, PER ABOVE REQUIREMENTS. THE PROCEEDS OF THESE LOANS ARE TO BE USED SOLELY FOR PAYMENT OF TUITION AND REQUIRED FEES, ROOM AND BOARD AND SIMILAR LIVING EXPENSES AND FOR INSTITUTIONAL EQUIPMENT. IN ADDITION, THE EDUCATIONAL TRUST GRANTS FUNDS TO QUALIFIED CHARITABLE ORGANIZATIONS SELECTED BY THE TRUSTEES WHICH ARE EXEMPT FROM FEDERAL INCOME TAX UNDER SECTIONS 501(C)(3) AND 170(C) OF THE INTERNAL REVENUE CODE WHICH ARE ESTABLISHED FOR RELIGIOUS, EDUCATIONAL OR OTHER CHARITABLE PURPOSES, WITH PRIMARY CONSIDERATION BEING GIVEN TO ORGANIZATIONS LOCATED IN MARTIN COUNTY, TX OR THOSE PROVIDING EDUCATIONAL OPPORTUNITIES FOR POST-SECONDARY EDUCATION FOR STUDENTS FROM MARTIN COUNTY, TX. ADDITIONAL GRANTS MAY BE MADE TO PROVIDE SUPPORT FOR SUPPLEMENTAL CURRICULAR AND / OR EXTRACURRICULAR PROGRAMS IN MARTIN COUNTY, TX.