Funds to the amount of over one million two hundred thousand dollars are held in trust by Harvard university, for the benefit of deserving students with limited means. The income of these funds, for the year 1890-91 will amount to about ten thousand dollars and will be distributed in the form of Fellowships, Scholarships, Price Greenleaf Aid and Beneficiary Money. The Fellowships are twenty-two in number, the Scholarships one hundred and sixty-two; of the former twenty are intended for graduates only; of the latter twenty are for graduate students 105 for undergraduates, and the remainder for students in the profession al schools. Some of the Fellowships are assignable to Harvard graduates only, but not more than half. The annual income of the college Scholarships is $29,590, but none of it is ever promised previous to the student's coming to Cambridge and entering upon his college work.

The Price Greenleaf Aid has been established for two distinct classes of students, for promising students of other colleges who are anxious to continue at Harvard special lines of study, and for promising students of preparatory schools who are unable to come to college unless assured of pecuniary aid. It may be safely said that any graduate or student of another college who desires to come to Cambridge as a cendidate for B. A. may-provided his rank has been distinctly high-feel sure of getting from $150 to $250 from this fund during his first year in Cambridge.