Summary of Scholarships and Fellowships Available at THE 674 INSTITUTIONS INCLUDED in the 1936 edition of Scholarships and Fellowships Available at Institutions of Higher Education reported a total of 66,708 scholarships worth $8,863,082, and 5,797 fellowships valued at $2,577,478. The 1,198 institutions included in table 1 of the present study reported 141,554 scholarships available valued at $31,056,754.86, and 124,223 scholarships awarded valued at $27,000,963.49; 15,369 fellowships available, worth $10,642,324.70, and 13,659 fellowships awarded, worth $9,266,965.71. The incomplete nature of these totals warrants a brief explanation. Many of the institutions reported monies available and awarded without reporting the number of scholarships represented by these sums. Other institutions reported numbers of scholarships and fellowships available and awarded, but failed to report the sums represented by these awards. The failure of other institutions to report results in totals considerably less than the actual number and value of all scholarships and fellowships available at institutions throughout the country. The apparent difference between total funds reported as scholarships and fellowships "available" and the total funds for those "awarded" does not accurately reflect the amount of unused funds which were actually available for award during the year. Some institutions reported as awardable funds surpluses which had been accumulated during the war when enrollments were low, and which had not been depleted at the time of the report. Other institutions explained the unawarded scholarships and fellowships on several grounds: The conditions of the grant establishing the fund were such that, in the year 1949-50, no applicant was found who qualified within the restrictions imposed; the conditions of the grant required that the income from the fund be added to the principal for a designated period of time or until a specified total had accumulated; all or a portion of an award was canceled by default of the original recipient; or, what appeared to be an unawarded balance reflected the fact that the total amount awarded could not be reported until after the end of the fiscal year. The difference between the amounts available and the amounts awarded, as reported in this summary, should therefore be interpreted with caution. There is no basis for concluding that these data indicate net amounts of money which were actually usable as aid to students during the academic year 1949-50. Furthermore, it should not be assumed that the number and value of awards or conditions under which they were made are necessarily applicable during a subsequent year. Awards available to both undergraduate and graduate students have been included in the table as undergraduate unless the institution reported usable totals showing the actual distribution. Several institutions reported figures for 1948-49 with the explanation that the 1949-50 awards would be similar in numbers, amounts, and distribution. Narrative Summaries of Scholarship and Fellowship THE MATERIAL COMPRISING this portion of the bulletin was obtained primarily from the questionnaires returned from the 1,198 institutions reporting scholarships and fellowships available during 1949-50. Supplementary material was obtained from letters, catalogs, pamphlets, circulars, and other printed matter issued by the institutions and reporting details of awards available. Of the institutions not included, 274 reported no scholarships, some of the others found it impossible to furnish the information, and the rest did not reply. An effort was made to obtain information regarding the sources of scholarship and fellowship funds available at and administered by the institutions. So few of the institutions reported on this item, however, that no definitive statement can be made. From the 829 institutions which did furnish information indicating the sources of scholarships and fellowships, the percentages for scholarships were: 16.6 from State funds, 1.7 from local government funds, 25.6 from endowment earnings, 22.3 from gifts, and 33.8 from unrestricted income used for scholarships; and for fellowships: 19.3 from State funds, 1.4 from local government funds, 19.3 from endowment earnings, 24 from gifts, and 36 from unrestricted income used for fellowships. Each institution was requested to furnish the following information about scholarships and fellowships available at and administered by the institution for 1949-50: Name of scholarship or fellowship; total amount available for disbursing; total amount granted; number of grants; value of grants to individual recipient; if the award was renewable or continuing; for what level and sex available; if free, requiring |