The purpose of the Trust is to promote and advance education and learning by the provision of an annual scholarship, to be known as “The Bank of Scotland Tercentenary Travel Study Scholarship”, payable out of the income of the Trust Fund, to a pupil or former pupil of George Watson’s College in Edinburgh (“the school”) who is in either years S5 or S6, or their equivalents in the year in which the award is made, and who, in the opinion of the School’s Principal, has shown distinction in his or her academic studies.

The individual will use that award:

• to assist with the financing of a period of study outwith the United Kingdom but within Europe, with that study being connected with the economic structure, commerce or finance of the country or countries in which it is carried out, and lasting for a minimum period of two months and a maximum period of six months, or
• to assist with the financing of the obtaining and carrying out of work experience or management instruction in any part of Europe other than the United Kingdom, for a period not exceeding three months

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