Acceptance to the Scholarship Program shall be subjected to the following conditions:

• Each employee seeking educational assistance through the scholarship program shall apply to the M. L. King Scholarship Committee. This application shall be presented along with an acceptance letter from the College/University, which the employee is scheduled to attend, or from the course providers.
• To be eligible for acceptance in the program, each prospect must be a full time employee working with the Company for a period of not less than two (2) consecutive years (with the exception of Warren Tyson Memorial Scholarship Students).
• Each scholarship award must be approved by the Executive Directors upon recommendation of the Scholarship Committee.
• Each area of study to be pursued must be relevant to the Company’s business.
• Each student pursuing full time studies abroad must satisfy the Company that all necessary arrangements have been put in place to provide full financial backing for tuition and living expenses whilst abroad on study leave.