Calendar: 1974-1975 Page 176

Studentships Scholarships Exhibitions Bursaries and Prizes 187 Undergraduate Awards CENTENARY SCHOLARSHIPS AND BURSARIES University of London King's College The Centenary Scholarships and Bursaries Fund was established in 1929 out of moneys subscribed to the Centenary Appeal Fund and earmarked for Scholarships and Bursaries The first charge upon the income of the Fund is that of the Henry Neville Gladstone Exhibitions in Arts Any surplus income in the Fund may be allotted by the Committee of Deans for Bursaries for Holders of Entrance Scholarships and ii Promising students who have completed their first year provided the circumstances of the applicant make such grant necessary subject to revision annually Loans for needy students on the following conditions That the applicant has completed his first year in College ii That he is considered to be of sufficient promise iii That the loan shall be repaid within two years of the time when the student has completed his course and that no interest shall be charged in respect of repayments made within that period The Committee of Deans may however if they think fit extend the time for repayment to maximum period of five years in all on the condition that if such an extension is granted interest at the rate of per cent per annum on amounts outstanding after the end of the second year shall be charged Any surplus remaining in the Fund at the end of any academic year after meeting the costs under and shall be applied in the first instance to meeting any deficit which may arise on the Sambrooke Scholarship and Exhibition Fund and the remainder shall be invested and added to the capital of the Centenary Scholarships and Bursaries Fund Postgraduate Awards TUTORIAL STUDENTSHIPS Each year the College offers Tutorial Studentships in various departments They are renewable annually up to maximum of three years' tenure so that the departments in which they are offered vary from year to year The vacancies are advertised generally in the Lent term The emoluments are £795 year together with tuition and registration fees