Scholarship Committee

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About

The Committee must consist of the Superintendent of the Town Schools or designee thereof, and no fewer than four residents of the Town.

The Scholarship Committee is responsible for:

Selecting the recipients of and amounts of financial aid from the scholarship fund and shall be guided by any criteria established by the Scholarship Committee subject to any ordinance or by-law and further subject to the following criteria:

The recipients of financial aid must be residents of the Town at the time the financial aid is first awarded and have been accepted to pursue education beyond the secondary school level at an institution deemed accredited by the committee.
The committee shall take into consideration each recipient's financial need, character, scholastic record and involvement in community work as well as extracurricular school activities.

The Scholarship Committee may distribute financial aid from both interest and principal of the fund, without further appropriation. Scholarship Committee shall establish a procedure for determining at least on an annual basis the amounts or percentage of the funds that shall be authorized for distribution and for notifying the investing officer or agency so that the funds may be made available in a timely manner and with a minimum of penalties.

The Town voted at its STM of April 24, 1993 to accept the provisions of Chapter 194 of the Acts of 1986 to establish a Groton-Dunstable Scholarship Fund.