The purpose of the fund is to provide one or more annual scholarships to the graduates of Argos High School, Argos, Indiana, who have attended Argos High School for at least their junior and senior year. The scholarship recipient(s) must reside I Green Township or Walnut Township, located in Marshall County, Indiana. The scholarship recipient(s) must have achieved a final cumulative high school grade point average of at least 3.0 on a 4.0 scale. The scholarship recipient(s) must have demonstrated and documented financial need as determined by the Scholarship Advisory Committee. The scholarship may not be used by recipient(s) to obtain post-secondary education from colleges and universities offering courses exclusively through internet services (i.e “on-line”), or to pay for any courses offered through internet services. The Max and Lois Edmonds Scholarship is renewable annually to previous recipients at the discretion of the Scholarship Advisory Committee as long as all other recipient qualifications are met.