Over the weekend I attended a scholarship brunch. There was not much diversity in the high schools the recipients attended. Two scholarship given out were personal ones. Next year when I am a part of the organization I want to have my own scholarship too.

1) Seems kind of cool
2) a student from my area will receive the award thus opening up the possibility for other deserving students from my area to receive other scholarships
3) Fairly simple to set up

Do you have a personal scholarship for college - college bound or returning students?

What would be your criteria?