Orlando Calderon Memorial Scholarship

Students of St. Mary’s who are MS I (freshman) cadets may submit their application for this scholarship to the Selection Board which shall be appointed by the President in the spring semester of each year and composed of the four following members: the Professor of Military Science as Chairman of the Board, the deans of the School of Arts & Sciences and of the School of Business, and the Cadet Colonel commanding the Corps of Cadets. This scholarship is to provide financial assistance for Freshman ROTC students who meet the following requirements: 1.) The Selection Board shall give priority consideration to those candidates who have the minimum qualifications for the award for a Distinguished Military Student and successfully complete a type of physical examination that would permit them to enter into the Advanced Military Program, and whose scholarship, leadership and moral character show competence in acquiring a university education. 2.) One principal recipient, a first alternate and second alternate shall be selected. 3.) Military Science students who have been awarded the Department of Army ROTC Scholarship are not eligible for this scholarship. 4.) The scholarship shall be for one academic year, and shall carry an amount approximately equivalent to 84% of the net income from the principal amount of the scholarship fund earned in the preceding academic year, to be applied in two equal parts at the beginning of the fall semester and of the spring semester in pro-tanto payment of the tuition of the principal recipient at St. Mary’s University. 5.) In the event the principal recipient fails to enroll for MS II (sophomore) for the academic year for which the award is made or a semester thereof, the unused portion of the scholarship shall go to the first alternate, or to the second alternate if the principal recipient and the first alternate both fail to enroll. 6.) The remaining 16% of the net income from the principal amount of the scholarship fund shall be used for the purpose of purchasing and presenting a suitable award to the Most Outstanding Cadet at St. Mary’s University during his four years of ROTC training. The selection of the MS IV Cadet shall be made by the Professor of Military Science under criteria established by him. 7.) Should there be any profit from investment of the scholarship fund or any undistributed income, the same is to be accumulated and added to the fund for reinvestment. 8.) If at any future time and for whatsoever reason the ROTC training program is discontinued at St. Mary’s University, St. Mary’s University shall use the net income from the principal amount of the scholarship fund to establish a scholarship to an outstanding male student in the Freshman class to be selected by the President of the University.