CLASS OF 1956 SCHOLARSHIP

SCHOLARSHIP RULES

1. NAME

A. This scholarship shall be known as the "CLASS OF 1956 SCHOLARSHIP".

2. MONEY

A. The funds for this scholarship shall be deposited in a Certificate of Deposit in the First National Bank Northeast in the Tekamah-Herman Public Schools Foundation account under the name "CLASS OF 1956 SCHOLARSHIP".

3. CONTROL

A. This scholarship shall be controlled by a committee composed of a member of the administration team and the high school guidance counselor.

4. NUMBER OF SCHOLARSHIPS

A. There shall be at least one (1) recipient of this award each school year.

5. AMOUNT

A. The amount of the scholarship shall be the total amount of the interest accumulated in the Class of 1956 Certificate of Deposit found within the Tekamah-Herman Public School Foundation.

6. FREQUENCY

A. This scholarship shall be awarded to a graduate or a past graduate of the Tekamah-Herman Community Schools.

7. ELIGIBILITY

A. The applicant must be a senior at the Tekamah-Herman Community Schools or a graduate of Tekamah-Herman Community Schools.

B. The applicant must plan to attend and be accepted at some type of approved education beyond high school. This could include a four year college (or two year vocational school.)

C. The applicants who are being considered for this scholarship shall have a cumulative grade point average of 2.5 or above.

D. The applicant's community-wide citizenship will be considerations for the award of this scholarship.

E. The applicants must make formal application. Forms are available by clicking on Application Form at the bottom of this application. All applications must be returned to the Tekamah-Herman Counselor's Office by April 15.

F. The Tekamah-Herman Board of Education shall have a notice printed in the PLAINDEALER (Tekamah newspaper) each spring so that former graduates will know that this scholarship is available.

8. DISBURSEMENT
A. This scholarship shall be awarded at senior graduation. Funds for this award will be dispersed at the beginning of the second term of the school year, usually in January. The check will be made payable to the student and the school he/she attends. Scholarships awarded but not used will be canceled and the amount thereof returned to the Certificate of Deposit housing the Class of 1956 funds.

9. SELECTION

A. The committee will determine who the recipient of this scholarship will be. This shall be done prior to the date of commencement exercises.

10. CHANGES

A. Any changes governing this scholarship will be made as necessary by the committee.

APPLICATION FORM