Scholarships:
As stated in Article III ("Distributions in Furtherance of the Trust's Purposes") of the Trust Agreement of the Holmes County Education Foundation, it states: "The assets of the Trust shall be used (in the discretion of the Trustees) to provide scholarships or other financial assistance...for the pursuit of education or vocational training beyond grade school. Education beyond grade school shall mean enrollment and attendance at an educational organization which maintains a regular faculty and curriculum and normally has a regularly enrolled body of pupils or students in attendance at the place where it's educational activities are carried on...Vocational training beyond grade school may include payments or loans to Amish or Mennonite churches which such churches may use to advance the vocations of the youth of their membership...
Preference shall be given to applicants who have demonstrated financial need, but the Trustees may also consider academic promise and other non-economic criteria in making their decisions."
The primary class of eligible recipients of scholarships or other financial assistance shall be residents of Holmes County, Ohio. To the extent such applicants exist, assets shall be used for their benefit; only to the extent not enough such applicants exist to exhaust all available income, the trustees may award scholarships to graduates of high schools located in and to students who are residents of counties adjacent to Holmes County, Ohio.
Scholarships are awarded to students that are enrolled in higher education institutions that are accredited by the U.S. Department of Education.
