Frank T. Hughes Memorial Scholarship Fund

미국 장로교 총회

자금 제한

To be used for scholarship assistance for needy seminary students who plan to serve the Church in the gospel ministry, with first preference given to students who plan to serve in small towns of under 30,000 population for a period of three years. It is understood that in the even the student recipient does not comply with the terms of the previous sentence, shall return said money to the Foundation with interest. The rate of interest to be that same as what a Certificate of Deposit would earn at the time of the grant/loan is made to the student. This is to be administered by the Foundation and the United Presbyterian Seminary.