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Caption: Course Catalog - 1893-1894
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PRIZES AND SCHOLARSHIPS. I51 ject to the same conditions as the HONORARY SCHOLARSHIPS heretofore established, except as noted below: 1. Examinations for the accredited school scholarships will be held at the several accredited schools, by the principals thereof, on the third Thursday and Friday in May. 2. There need be no advertisement of the examination, further than by principals to all pupils eligible to pass the same. 3. The term of each scholarship will be for the two school years next after the examination upon which it was awarded, and vacancies will not be filled, except that if any person to whom a scholarship has been awarded shall be unable to accept the same, then the next highest in the competition may be awarded the scholarship. 4. Scholarships will be awarded on these examinations to such persons only as shall be full graduates of their several accredited schools, either of the current or some preceding year. CHICAGO CLUB LOAN FUND. The CHICAGO CLUB OF THE UNIVERSITY OF ILLINOIS offers two loans of $250.00 each, payable to the beneficiary, $100.00 the first year, $75.00 the second year, $50.00 the third year, and $25.00 the fourth year. The loans are offered to residents of Cook County, Illinois, only, and are to be awarded upon competitive examination to those obtaining the highest average grades. The loans are due six years after matriculation. They bear no interest while the student is in school, but six per cent after graduation. The examination questions are prepared at the University and cover the same subjects as those for the honorary scholarships. MILITARY SCHOLARSHIPS. Students who have gained six term credits in class room military instruction and six such credits in drill practice are eligible for appointment as commissioned officers of the battalion. Those attaining this rank may have awarded them special scholarships, good for one year and equal in value to the University term fees for the same length of time.
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