2009 Policies Adopted

The Board of Directors continues in our efforts to develop policies and procedures to address concerns and issues that arise periodically. On May 12, 2009, the Board of Directors adopted the following default policy:

Any student receiving financial assistance from the Richard (Yogi) Crowe Memorial Scholarship Fund who does not finish the school term for which funding was provided will be expected to repay the original grant amount within three (3) months of withdrawing from school. Any student withdrawing from school must immediately report this to the Board of Directors.

On December 1, 2009, the Board of Directors adopted the following policy for waiver of GMAT, GRE, LSAT, MCAT when the accepting institution has waived their own requirement:

One of the eligibility requirements to receive funding from the Richard (Yogi) Crowe Scholarship Fund is to have been accepted by a graduate or doctoral school and that graduate school must require one of the following for admission: GMAT, GRE, LSAT, MCAT. MFA students have different acceptance requirements.

This policy addresses the instances when the accepting school that normally requires one of the admission examinations (GMAT, GRE, LSAT or MCAT) waives the requirement for a specific reason (i.e. exceptional undergraduate performance). In these cases, the applicant must:

1. Provide written proof from the college or university to the Richard (Yogi) Crowe Memorial Scholarship Fund Board of Directors that the graduate school has waived their standard policy requiring the GMAT, GRE, LSAT, or MCAT according to their own criteria for waiver stating the reason for granting the waiver.

2. The Board of Directors will review these exceptions on a case by case basis with decisions based upon their own discretion.