Each year, the Foundation will award a scholarship to one applicant. The amount of the full scholarship to each recipient will be a maximum amount of $10,000 and may be used exclusively for tuition at post-secondary educational institutions that normally maintain a regular faculty and curriculum, as described as Internal Revenue Code ยง 170(b)(1)(A)(ii), and for fees, books, supplies, and equipment required for courses at such institutions, or for room and board expenses payable to the institution. Provided that the recipient continues to maintain its eligibility and enrollment at such institution, the scholarship may be paid over the enrollment term of the recipient.
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