130 The American Geologist. Feb.uary. lyos. 
There is contemplated in the completed system the estab- 
lishment of two classes of fellowships and two classes of 
scholarships. The first named g'rou]) inclndes ordinary fellow- 
ships expected to yield annually about $300.00 each, and the 
traveling fellowships to yield about $500 and $1000. 
The Board of Trustees has already established 90 scholar- 
ships divided into two groups. 
Fifty scholarships, each yielding about $100 annually, are 
open to students living in the United States. They are held 
for one year. These scholarships are assigned during the 
first semester of each academic year. 
There is one scholarship for each state in the Union. The 
student from each state passing the best examination for en- 
trance to the School, or to advanced standing, or furnishing 
evidence of best qualifications to carry on the work in this in- 
stitution, is awarded the scholarship for that state. The 
state scholarships are bestowed upon the following conditions : 
1. The application must be .made in writing before May 
I of the academic year preceding that in which the scholar- 
ships are awarded. 
2. Accompanying the application should be a short state- 
ment of the candidate's previous training, and an indication 
of the course he wishes to pursue. 
3. Applicants for the state scholarships are expected to 
proceed to the engineer's degree. 
4. Holders of scholarships are not exempt from labor-" 
atory fees. 
In case in any one year worthy condidates do not ofifer 
themselves from any one state, the Board at its option, re- 
serves such appointments, or awards them to applicants from 
other states, preference being given to students who already 
hold college degrees, or who present evidence of unusual at- 
tainmnts in mining studies. 
Forty scholarships, each yielding $25 a year and open to 
students who are actually residents of New Mexico. They 
are good for one year ; and are bestowed at the beginning of 
each academic year. 
These scholarships are awarded to the two students from 
each county in New Mexico passing the best examinations for 
entrance, or for advanced admission to the School, on pre- 
senting evidence of the best qualification for carrying on the 
work of the course selected. 
Examinations must be taken at the regular time at the end 
or at the beginning of the academic year. As in the case of 
the state scholarships, the New Mexican scholarships are 
bestowed as honors, as incentives to good work. Holders 
of scholarships are expected to proceed to a degree. 
