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R6.28 - HARBISON-HIGINBOTHAM RESEARCH SCHOLARSHIP

Recitals-

1. The Harbison-Higinbotham Research Scholarship was established in 1913 following the University's receipt, in 1912, of a donation of £2,500 from the administrators of the estate of one William Harbison. Prior to his death Mr Harbison, a timber merchant, had expressed his intention of founding a scholarship in the University to perpetuate the memory of George Higinbotham, a former Chief Justice of the Supreme Court of the Colony of Victoria. No other conditions were attached to the gift and the scholarship, which has always been administered by the faculty of Arts, has been open to competition in the areas of History, Economics, Politics, Administration, Government and Sociology. Its value in 1994 was $1,000.
   
   
2. Prior to the late 1980s the scholarship was open to the best thesis in the listed fields and attracted entries ranging from published books to theses from other institutions.
   
   
3. At 31 December 1994, the scholarship fund, comprising both capital and accumulated income, totalled $27,572 and the publication fund, comprising identical elements, totalled $141,196. The combined total of these two funds is $168,768 and forms the 'Harbison-Higinbotham Research Scholarship Fund'.
   
   
4. On 24 March 2003 the Supreme Court of Victoria made an Order enabling the University, on the recommendation of the Dean of the School of Graduate Studies, to award a scholarship to a student enrolled for a higher degree by research in history, economics, politics, administration, government or sociology.
   
   
5. At 31 December 2002 the capital was $181,743.49 and the cash balance was $50,221.36.
   

It is provided as follows-

1. The sum of $181,743.49 and any accumulations and additions to the sum forms a fund called the 'Harbison-Higinbotham Research Scholarship Fund' ('the fund') and must be paid into an investment pool and remain there until the Council directs otherwise.
   
   
2. The scholarship is to be awarded by Council on the recommendation of the dean of the school of Graduate Studies ('the dean') to a student enrolled for a higher degree by research in history, economics, politics, administration government or sociology.
   
   
3. The term of the scholarship is to be determined by Council on the recommendation of the dean provided that such term will not exceed three years.
   
   
4. The scholarship has in any year the value of the net annual income of the fund for that year.
   

[s. 2 am. 7/7/97, Edit. am. 15/8/97, Edit. am. 19/11/99.Recitals C and D deleted, Recital E re-lettered C,
Recitals D and E made, s. 1 am., ss. 2-3 subst., s. 4 made 13/10/03.]