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In determining who shall be awarded the Edward Wilmot Blyden Scholarship, the Virgin Islands Board of Education shall annually cause to be administered to any student attending the high schools of the Virgin Islands and applying therefor a standardized college entrance test, and shall award such scholarship on the basis of the outcome of this test and such other factors as it may establish, including but not limited to:\n1. Length of attendance in the schools of the Virgin Islands.\n2. Scholastic standing and record as shown through annual transcripts.\n3. Statement from applicant regarding educational objectives and plans for the future.\n4. Financial need.\n5. Ties to the community and likelihood that applicant will return to the Virgin Islands after completing his education.\n6. Qualities of good citizenship exhibited by the student.