State
Vol. 1, No. 16,
Meeting of Board of Trustees.
At a meeting of the Board of
Trustees, held -at Harrisburg on
Tuesday, Jair. 24, regulations for
the administration of the various
funds at the disposal of the Board,
were adopted.
One fund is to be known as “The
Andrew Carnegie Beneficiary Loan
Fund.” All re-payments by stu
dents are to be added to the Princi
pal until the same reaches $lOO,OOO
and then in addition to the interest,
these re-payments may be used for
beneficary purposes or expended
in such other ways affecting the
welfare of the whole body of stu
dents, as the Board may direct,
provided that the principal sum of
$lOO,OOO shall never be impaired or
encroached upon.
The selection of beneficaries, the
amount to be awarded, time and
conditions of re-payment, and other
details are all left with the President
of the College or some officer or
committee appointed by him. Not
more than one hundred dollars is to
be awarded for one year to one stu
dent and in making awards no dis
tinction of race or creed shall ever
be allowed.
Another Fund is designated as
“The Louise Carnegie Scholarship
Fund.” Twelve scholarships for
the benefit of students in good
standing in a regular four years
course are established as follows:
Four for members of the Sopho
more class at one hundred dollars
each ; four for members of the Jun
ior class at one hundred dollars
each ; four for members of the Sen
ior class at one hundred dollars
each. The remaining fifty dollars
is be used in the preparation of some
Coll
STATE COLLEGE, PA., FEB. 2, 1905
suitable form of permanent certifi
cate designating the donor, the basis
on which the scholarships are award
ed and the name of the individual
recipient. Any surplus over the ex
pense of such certificates shall ac
cumulate until it is sufficient to per
mit an additional Sophomore
scholarship.
Awards are to be made on the
three-fold basis of (1) scholarship,
(2) conduct while in college and (3)
personal quality as giving greater or
less promise of an honorable career.
In making the awards, no distinc
tion of race or creed shall ever be
allowed.
Awards to members of the Soph
omore Class are to be made on the
basis of the record of the preceding
year; to members of the Junior
Class on the basis of the record of
the two preceding years; to mem
bers of the Senior Class on the basis
of the record of the three preced
ing years. In order to assure the
requisite standard of Scholarship,
only such students shall be eligible
to appointment, as rank in the high
est or first fourth of their respective
classes during the entire time upon
the basis of which the scholarships
are awarded. The qualifications of
conduct and'personal quality shall be
carefully considered by the Faculty
in the selections of appointees from
among those of the rank specified.
The third fund is “The Trustees
Beneficiary Loan Fund.” This is at
present a small fund amounting to a
few hundred dollars, made up of
loans and allowances to students.
It is to be hereafter administered as
nearly as may be in the same man
ner as “The Andrew Carnegie
Scholarship Fund ’ ’ except that un
til further ordered by the Board of
egian.
Trustees the principal as well as the
interest may be used in whole or in
part.
The fourth is known as “The
Trustees’ Scholarship Fund.” Ten
Freshman Scholarships are to be
awarded in three parts each year as
a concession of room rent and inci
dentals. The Scholarships are to
be awarded to the ten students mak
ing the highest general average in
examinations for admission to the
Freshman Class, including in such
exams, these held locally in dif
ferent parts of the State as welt as
those held at the College ; and with
permission to any student entering
on—certificate to compete in such
exams, if he shall so desire.
The value of these scholarships at
the present rate of charges is : $B5
a year each.
Japan and Russia.
Prof. Eijiro Takasugi, PL. .D.,
graduate of Boston University and
late Professor of English Literature
in the imperial College at Sapporo,
Japan, will lecture in the College
Chapel, Monday evening, Feb. 13th,
on the present Russia-Japan war.
Dr. Takasugi comes highly recom
mended as a lecturer. He speaks
English fluently and is thoroughly
familiar with the prominent -figures
in the great war of the East.'. His
lecture, in general, is a discussion
from the view point of a Japanese
scholar of the civilization of the two
great races now in conflict; the
characteristics of the two peoples,
their governments and religions to
gether with the causes of the present
war. The lecture is illustrated with
many beautiful lantern slides of
Japanese manners, customs, war
scenes, etc.
This lecture will be in charge of
the Y. M. C. A., the proceeds to go
to the Association Missionary fund.
Admission 25 and 35 eents. Chart
at Meek’s.
Price Five. Cents.