1. Name
This scholarship shall be known as the "Boy Scout Troop 158 Scholarship."
2. Committee
The selection committee will be comprised of a member of the Boy Scout Troop 158 Committee, an Eagle Scout of Troop 158, and an administrator of the Tekamah-Herman Public Schools or Tekamah-Herman Public Schools Foundation. Members of the selection committee will not be related to any applicant.
3. Eligibility
4. Preferences
A. Eagle Scout
B. Applicant who is not a current or past recipient
of this scholarship
C.
Applicant
who is currently active in some aspect of the Scouting program
5. Money
The funds for this scholarship will be made available through the Tekamah-Herman Public Schools Foundation.
6. Amount
The amount of this scholarship shall be determined by the selection committee. The amount will under no circumstances exceed the interest earned on the principal of the scholarship fund.
7. Frequency
8. Disbursement
The scholarship recipient will be announced at senior graduation. The monies will be paid for second semester enrollment, usually in January. The recipient shall return any portion of the scholarship amount which exceeds direct educational expenses (tuition, fees, and books).
9. Changes
Any changes governing this scholarship will be made by a 3/4 vote of the Boy Scout Troop 158 Committee.