Hoffman Permanent Fund

McCormick Theological Seminary

Fund Restriction

For scholarship purposes for students of such Seminary selected by the President thereof. The recipients of such scholarships are to have demonstrated and shall continue to demonstrate themselves as meritorious scholars with a dedication to the purposes upon which Seminary is predicated and shall further be dedicated toward the preparation for the ministry of the United Presbyterian Church. So as to make said funds available to as many students as reasonably possible, it is directed that the amount of such scholarships be limited to no more than two-thirds (2/3) of the tuition and fees for the recipient.