190v

(a) There is hereby established the Gene Edmund Cerge Scholarship, which scholarship shall be awarded to outstanding athletes, who plan to pursue a career in physical education, recreation or any other sports related field.\n(b) The Gene Edmund Cerge Scholarship shall be administered by the Virgin Islands Board of Education. The Board shall adopt rules and regulations governing the granting of the scholarship, the purpose of which shall be the establishment of minimum performance standards upon which the scholarship grant shall initially be awarded and thereafter be renewed.\n(c) The Virgin Islands Board of Education may adopt forms to be used by applicants for the Gene Edmund Cerge Scholarship Fund and fix a date on which the scholarship is to be awarded annually.\n(d) Each scholarship awarded shall be in the amount of $1000 per year with said sum to be applied to the payment of tuition, academic fees, book purchases, and living expenses.\n(e) There is authorized to be appropriated during each fiscal year such sums as the Legislature may determine for deposit in the Gene Edmund Cerge Athletic Scholarship Fund. Upon appropriation, the sums shall remain available until expended.