A. This scholarship shall be known as the "CLASS OF 1937 SCHOLARSHIP".

A. The funds for this scholarship shall be deposited in the First National Bank

Northeast in the Tekamah-Herman Public Schools Foundation under the name "CLASS OF 1937 SCHOLARSHIP".

A. This scholarship shall be controlled by a committee composed of the principal and guidance counselor of the Tekamah-Herman Community Schools and a member of the Tekamah-Herman Board of Education.

A. There can be one or more scholarships awarded each year.

A. The amount of the scholarship shall be determined annually by the committee according to the amount of interest earned each year on the certificate of deposit labeled "CLASS OF 1937 SCHOLARSHIP" and after 3.5% of the interest has been left in the fund to protect it from inflation.

A. This scholarship shall be awarded annually. The recipient may receive it from one to four years if the committee so approves and upon reapplication of the recipient.

A. The applicant must be a senior at or a former graduate of the Tekamah-Herman Community Schools. An applicant who attended the Tekamah-Herman Community Schools for only three years and has obtained a GED certificate may also be considered.

B. The applicant must plan to attend and be accepted at some type of approved education beyond high school. This could be some type of college, vocational, trade, business or cosmetology school. Preference should be given to the applicants who have been out of high school one or more years and now want to pursue education beyond high school.

C. The applicants who are being considered for this scholarship shall have or did have a cumulative grade point average of 2.0 or above.

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

E. The applicant's financial need shall be a major qualifying factor in awarding this scholarship.

F. 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.

G. 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.

A. This scholarship shall be awarded at senior graduation.. The committee will decide when the money will be paid.

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

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

APPLICATION FORM