The recipient(s) must be a full-time undergraduate student accepted to Eastern Illinois University. The recipient(s) of an initially granted scholarship should be an incoming freshman. Financial need is the primary consideration, giving opportunity for student(s) to attend college who may not otherwise be able to attend college. The recipient(s) shall receive a minimum of $3000 or an amount not to exceed one-half of the cost of tuition and fees to attend Eastern Illinois University. The recipient(s) may be eligible to receive the College Access Foundation of California Scholarship for all four years provided the student(s) meet the academic standards of the university. In order to be considered for renewal, the recipient must re-apply each year. The award shall be payable one-half in the Fall semester and one-half in the Spring semester to be applied against tuition and fees.