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You Were Asking? ABOUT SCHOLARSHIPS . ScholarshipstAwardsitheir rules and regulations seem to be the least understood of any part of the work within the Federated Women’s Institutes of On- tario. In the Ontario Women‘s Institute Story. there is an informative section on scholarships under provm- cial projects. EXCEPTION There are many scholarships presented at local level by Branch. District or County. The monies are collected. invested. administered and a presentation made by a local committee according to the terms of reference set out by the Branch. District or County. These are not to be confused with scholarships admin- istered by F.W.I.O. Note Would each Branch. County. District, pre- senting scholarships or awards to students at any level please send information regarding your project to the Editor. We know there are many projects in the eduâ€" cational field that we do not know about. ENTRANCE AWARDS Established in 1947 during FWIO‘s 50th Anniver- sary Yeariadministered by the University oquelph. A Scholarship Fund was established “in recogniâ€" tion ofthese women who pioneered Women‘s Institute work in Ontario.” This fund known as the “Adelaide Hoodless Me- rnorial Fund“ was set up to collect donations to be used as a scholarship. Also it would provide a method offinancing the expenses of a pageant “Let There Be Light" which would be the closing number at the 50th Anniversary celebration of FWIO to be held on the Guelph Campus Of OAC on June [3. 1947. However as a tribute to Ontario Women's Insti- tutes the Department of Agriculture underwrote the cost of the pageant and its filming. It was possible to donate 819000.00 in cash to be invested by OAC to provide scholarships for students entering Macdonald Institute (now Family and Consumer Studies). The interest from the investment was to provide 5 Ontario Women‘s Institute Entrance Scholarships of $100.00 each. to be offered to degree students. This money was an outright gift. and the investing to be- come the responsibility of the College. The Selection Committeeâ€"the Dean of Macdonald Institute. Direc- tor of Home Economics Branch. and President of FWIO. The Scholarships were to be regional with prefer- ence to daughters of Women's Institute members. In 1948 two scholarships of $100.00 each were awarded. However. over the years changes have taken place. as interest accumulates. the number and value of awards vary. It is important for members to understand that the initial amount was given to the University. Terms of reference are set up for the single purpose of assissting students entering the Faculty of Family and Con- sumer Studies and is not transferable. 20 SCHOLARSHIPS Established in 1949â€"Administered by FWIO on behalf of Twenty six County. District or Area Women‘s 1“. stitutes who raised $2000.00 and entrusted this dunu. tion to FWIO to invest and administer on their behalf with the understanding that the scholarship wuld' bear the donor's name. the interest would be printed and an established amount of money from the innit-51 would be made available to a worthy recipient :5. graduating from a local high school and continuity on to higher education. The rate and length of the investment is depen m on the economic situation at the time ofinvesting. .1. sequently at this point there is a range from 3% m 10% interest resulting in the decision that a $11. ll] scholarship would be given to each of tin ti recipients. FWIO‘s investment portfolio has been revicm- the financial advisers from time to time and “Kit '. vice has always been. “not to cash 'in the low int .1 investments. for you lose as much as you gain.“ Tl nance committee of FWIO meet to discuss in - merits and the scholarship portfolio is constantly h .1 reviewed and updated. ' The choosing of the committee. the mechanu. r the committee is totally the responsibility of t 1 County. District. or Area who gave the $2000.01 Scholarship Committee comprised of a Chairn Secretary. Committee members and Home Econo I will meet together and work under the guideline I the District. County. or Area Scholarship rulings It is important that this local Committee folio“ rules and completed applications arrive in the oflii the Supervisor ofJunior Extension. Home Econoi Branch. AND the ofiice of the FWIO secretary. p to the Spring Board Meeting with the exception 01 goma. Northumberland East and West and Prince ward. Their winners are ratified in the Fall because money when originally invested bore its first inte in the Fall. This Scholarship belongs entirely to the group y viding the initial funds and is only ratified by Ft‘. 1 because FWIO invested the money and issue scholarship cheques. The secretary’s name should pear on each application (cheque will be mailed Secretary). All cheques bear the scholarship recipie; name. Also. include on your application form M I the cheque is to be presented. Stale dated cheques a problem. ONTARIO WOMEN’S INSTITUTE SCI-10L! SHIPS Administered by FWIO Dorothy Futcher Ontario Women’s Institute Schol sbi After the 50th Anniverszry, donations amounli - to 51.000.00 came into FWIO after the Adela Hoodless Fund was closed. In 1943. at me 5P” ' Board Meeting of FWIO. it was decided to build ‘ an additional Scholarship Fund, during Mrs. J. =