Applications shall be submitted to the office of application origin. Representatives of the WMU Executive Office in cooperation with WMUF staff will evaluate applications to present to the WMU Endowment Committee for recommendation to the WMU Executive Board. That this scholarship be awarded for the senior year to students distinguished for high scholastic standing, leadership, personality, and character. Nominations should include transcripts and letters of endorsement. . The corpus of the funds is to remain intact and kept in interest bearing securities.
Scholarships are to be granted for special scholarships to sons and daughters of home missionaries.
The original stipulation was that the interest be used for medical students who go into missions. This fund is to be used for medical students who are sons or daughters of foreign missionaries. The grant will normally continue for each semester that the student is in medical school, provided the grade requirements are met and the student continues to express a need for the grant. Margaret Fund Endowment Grants are made for special scholarships. An advisory committee consisting of a representative from WMU Executive Office and WMU Foundation shall recommend to the WMU Endowment Committee the prime candidates for the committee s endorsement and approval of the WMU Executive Board unless otherwise specified.