ARTICLE I

The Scholarship Committee will be nominated by the Irving Quilt Guild Nominating Committee Chair. It will consist of three members, with the President and Secretary being ex-officio members of the Committee with voice and vote. There will be a total of five members on the Committee.

The scholarship will be offered to graduating senior high school students from the four high schools in the Irving Independent School District: Irving High School, MacArthur High School, Nimitz High School, and Jack E. Singley Academy.

Should any Scholarship Committee member be a relative of a graduating senior applicant of an Irving school, they should tender their resignation to the committee for that year only, and the Committee shall appoint someone to replace them for that year only.

ARTICLE II

The designated $1,000.00 for the IQG Scholarship will come from the sale of Raffle Tickets, and shall be deposited in the general fund. Checks to be written only on warrants signed by two members of the Scholarship Committee.

ARTICLE III

This fund shall be audited at the same time and by the same people who audit the IQG records.

ARTICLE IV

The Scholarship Committee will receive the names of students by February 15^th and shall be screened according to the requirements, (as stated in the Application Procedures)

before presenting the recipient and alternate’s names to the Board of Directors. The recipient will be notified of the award by the first of April by mail. The recipient will also be posted on the IQG website (Irvingquiltguild.com). Although not required, the recipient is strongly encouraged to attend a general meeting of IQG (the third Thursday of each month—meeting location available on the web site.) so the membership can meet the scholarship recipient.

ARTICLE V

The IQG scholarship of $1,000.00 will be sent directly to the institution so the funds are credited to the student’s account.

ARTICLE VI

In the event there are no qualified applications for the scholarship, the allocation of funds would be dispersed to a charitable organization in Irving, related to women or children.

ARTICLE VII

The Scholarship Committee of the Irving Quilt Guild will decide on additional scholarships and amount of each scholarship grant to be awarded according to the amount of funds available each year.

The recipient and alternate must be a current graduating senior. (Any consideration of a deviation from this rule must be given in writing to the Board of Directors for approval, before taking action, stating the reason for the request.)