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GEORGE H LAUFENBERG
Scholarship Fund
RULES AND REQUIREMENTS
Article I
PURPOSE
The purpose of the Fund is to provide college scholarships to eligible full-time students who qualify.

Article II
ELIGIBILITY AND APPLICATION PROCEDURES
Eligibility - To qualify, an individual must be the son, daughter or grandchild of a member affiliated with the New Jersey Regional Council of Carpenters, who will be a full-time student at an accredited four-year college or university.

Criteria - In awarding scholarships, the Scholarship Fund Application Committee may consider any or all of the following: prior academic performance; S.A.T. scores; extracurricular activities; letters of recommendation; character, personal statement or interview.

Statement of Non-Discrimination - The awarding of scholarships shall be non-discriminatory, and shall be made without regard to race, religion, ethnicity, national origin, gender, sexual preference, age or physical handicap.

Application Procedure - Applications for scholarships shall be made on forms and in accordance with the procedures developed by the Application Commitee. With the exception of the initial two scholarships, it is anticipated that notices inviting applications will be made in the fall, and that all applications should be completed by April 15th of the next year. Scholarships will be awarded after a student has been accepted to a school, but in no event later than the August 1st preceding the academic year to which the scholarship pertains.

Suspension, Expulsion, etc. - If a Recipient of a scholarship is suspended, expelled or otherwise terminated from the college, voluntarily or involuntarily, during an academic year, any scholarship provided will be revoked as of the first day after termination, and the Trustees shall inform the Recipient and the college in writing of such revocation.

Article III
EXPENSES AND PAYMENTS
Qualifying Expenses - Scholarships will be awarded only for tuition, books, educational supplies, fees, room and board.

Payment - Scholarship payments will be made directly to the institution providing education or education related services to the Recipient. Scholarship amounts will not be paid to the Recipient.

Article IV
RECIPIENT'S REPORTS
A Recipient will be required to furnish to the Scholarship Fund an annual summary of his/her activities at the College or University, and will be required to submit official, verified copies of grade reports, academic credit hours and other reports as the Trustees deem appropriate within 30 days after such reports become available. For example, at the close of each semester the Recipient shall send to the Trustees a verified, official transcript of his/her grades and courses taken for that academic period. Recipients will be required to maintain at least a B-average each semester, and must maintain full-time student status. If a Recipient fails to furnish the required reports, or if the Trustees become concerned with the authenticity and/or frequency of such reports, the Trustees shall immediately suspend all payments to the Recipient, investigate the Trustees concerns, and take any other appropriate action.

Article V
RENEWAL
Except if indicated at the time of the award, a scholarship will be for each of the four years of the Recipient's college education, provided they continue to meet all eligibility rules and requirements.

Article VI
REVOCATION
A Recipient may have his/her scholarship revoked for any of the following:
a. Poor Academic performance;
b. Expulsion or suspension by the College;
c. Voluntary withdrawal by the Recipient;
d. Conviction of the Recipient of a felony or misdemeanor;
e. Falsification in the application process or reports thereafter;
f. Failure to file reports under Article IV after notification of such failure.

Article VII
RULES
The Scholarship Fund's Trustees shall adopt any Rules necessary or helpful to carry out the objectives of the Fund.