Austin D. Sprague Endowment Fund

Year Founded
1992

Purpose of Fund

The Purpose of the Fund shall be to provide a source of funds to be distributed as directed by the then-head of the DePauw University Physics Department with the advice of the other members of the Physics Department teaching staff. It is the desire and intent of the Grantor that said funds will be utilized to provide financial assistance to one or more DePauw students meeting the following criteria:

1. Each recipient shall be a junior, senior or graduate student, enrolled full-time in DePauw University, majoring in Physics and having a demonstrable need for financial assistance.
2. Each recipient shall have maintained a minimum 3.0 overall cumulative grade point average, in special cases and upon the recommendation of the Physics Department teaching staff.
3. The teaching staff of the DePauw University Physics Department will recommend qualified nominees to the then-head of the Physics Department who will made the awards based upon the staff recommendations and the monies available.
4. Awards will be made for a one-year period only. Current award recipients will be given favorable consideration for renewed award providing said student continues to meet criteria.

History of Fund
To be added at a later date.