The Foundation's scholarship program will assist students with financial difficulties arising from having limited income or another hardship. The scholarship program will provide up to four annual scholarships of not more than $15,000 per year per recipient to individual students to attend a college, university, community college, technical or trade school, or school for the arts. These scholarships will be paid directly to the educational institution to pay for the scholarship recipient's tuition. The Board will coordinate with school guidance or career counselors in order to publicize the scholarship program. The Board will deliver to the counselors a copy of the Scholarship Application that must be filled out and submitted to the Foundation by December 1 of each year. To be considered for a scholarship, an applicant must satisfy the following requirements: graduate from high school;maintain a cumulative GPA of 3.0 ("B" average) or equivalent (as determined by the Directors) during h

ANY RESTRICTION OR LIMITATIONS ON AWARDS SUCH AS BY GEOGRAPHICAL AREAS, CHARITABLE FIELDS, KIND OF INSTITUTIONS, OR OTHER FACTORS ARE FULLY DESCRIBED IN 2B.