Established by the bequest of Mary Elizabeth Wallace (UC 1931), daughter of Malcolm Wallace. To be awarded at admission for excellence in any subject.The award has a value of approximately $2,000 cash with a total possible value of $4,000, for excellence in any subject. The scholarships include tuition allowance of $500 per year which is renewable with an annual grade point average of at least 3.50 on a course load of 4 full course equivalents (FCEs) from September to September.