Finances:
Objects:
to give financial assistance by way of scholarship or sponsorship to encourage young people with residential and/or family ties in the north devon district or torridge district council areas to help them obtain professional qualifications either at higher educational level or seeking formal qualifications with a recognised professional body making awards only where state or other funding is either not available or in the opinion of the governors inadequate and with a declared preference in making such awards for favouring those applicants who can show and whom the governors believe are most likely to return to the two foregoing areas to practise their profession and which professional expertise or skills at the relevant time are scarce in the above areas.
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