These scholarships, offered annually by the Newfoundland and Labrador Hydro Corporation, are valued at $1000.00 each. They are tenable in the Faculty of Business Administration at Memorial University of Newfoundland and are distributed as follows:
- Two to students entering Term 7
- Two to students entering Term 6
- One to a student entering Term 5
The scholarships will be awarded on the basis of academic excellence, taking into consideration such factors as financial need and character. The awards will be made by the Senate Committee on Undergraduate Scholarships, Bursaries and Awards, acting on the recommendation of the Dean, Faculty of Business Administration.
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