There shall be a Continuing Education Grant Committee whose sole purpose shall be to award two (2) annual education grants in the amount of One Hundred Fifty and 00/100 ($150.00) Dollars each.

The committee members shall be the president, the treasurer and the representative to the Continuing Education Committee. The president may designate an alternate member if duplication in membership exists.

Any active member of the Association shall be eligible to apply for an education grant to be awarded based upon need of the applicant as well as potential benefit to the individual and to the Association.

The application period shall be open for the calendar year or until said education grants are awarded. If no education grants are awarded, any monies remaining shall revert to the general fund of this Association.