scholastic standards; provided, that scholarship
awards may not be extended for more than three
additional years. In order to receive awards for
second, third, or fourth years, the personal and
scholastic standing of a student must be satisfac-
tory to The Committee. The Committee shall have
the right to withhold scholarship funds from any
student whose conduct or whose work at college
or university shall be unsatisfactory.

7. Holders of scholarship awards called into
active military service shall not forfeit their schol-
arships by reason of such service. Awards to such
holders, or any extension thereof, may be sus-
pended from year to year at the discretion of The
Committee until such time as such active military
service shall have been completed. Except as to
holders called into active military service, awards
shall be for consecutive years only, except that
The Committee may, in its discretion, and upon
request of any holder of an award, suspend such
award or any extension thereof, for a period not
to exceed one (1) year.

8. The authorities of the college attended by
any student who shall have received a scholar-
ship award will be asked by The Committee for
at least two reports each year. More frequent re-
ports may be asked for, if deemed necessary or
desirable. The Committee shall not be limited to
information obtained from such reports, but may
make such independent investigations as it may
see fit. Each holder of a scholarship will be re-
quired to maintain passing grades in all subjects
each year, except that failure in not more than
one-third of the total semester hours completed
in any one semester shall not forfeit the scholar-
ship if the work is made up the following year.
Failure in more than one-third of the total semes-
ter hours completed in any one semester will
forfeit the scholarship, except that The Committee
may make exceptions to this rule, if absence from
classes on account of illness, certified to by a
physician, or for other exceptional reasons, shall
have been the cause of such failure. The holder
of a scholarship must take enough semester hours
each year to receive the Bachelor’s Degree in not
more than four years.

9. The right of the holder of a scholarship to
continue to receive funds shall not be affected by

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