AFGLC has established and awarded the following scholarships:<br><br>
1. The Dr. Demetrios G. Halkias Annual Scholarship. The initial endowment of
$26,000 remains fixed, as only investment returns are utilized for the scholarship.
Any shortfalls are underwritten by the AFGLC-CAC. This scholarship is legally
structured for operation in perpetuity.<br><br>
2. The AFGLC-PK scholarships - $220,000 donated by Peter Kourmolis for
scholarships in six different communities within the United States. The initial
endowment remains fixed, as only investment returns are utilized for the
scholarship, which is structured for operation in perpetuity.<br><br>
3. AFGLC financed (100%) the M.S. Degree (two years) of one student from Greece
in public health at USF.<br><br>
4. AFGLC financed (80%) the M.S. Degree (two years) of one student from Greece
in business administration at USF.<br><br>
5. AFGLC financed (50%) the B.A. Degree (four years) of one student from Greece
at Pennsylvania State University.<br><br>
6. AFGLC annually provides three monetary awards for the best papers presented by
graduate and undergraduate students at the Annual Classics Forum at USF.<br><br>
<b>The AFGLC-Dr. Demetrios G. Halkias Scholarship</b><br>
This has a present endowment of $40,000, which remains fixed, as only investment returns are 
utilized for the scholarship. Any shortfalls in the fulfillment of the annual scholarship commitment 
are underwritten by the AFGLC Headquarters.  This scholarship is legally structured for operation in perpetuity.<br><br>
<b>The AFGLC-Peter Kourmolis Scholarships</b><br>
These are based on an initial endowment of $220,000 donated by Peter Kourmolis for scholarships in six different 
communities within the United States. The initial endowment remains fixed, as only investment returns are utilized 
for the scholarship, which is structured for operation in perpetuity. Any shortfall in the scholarship commitments 
are underwritten by AFGLC.<br><br>
<b>The AFGLC-Dr. John U. Balis Scholarship</b><br>
This has a present endowment of $30,000, which remains fixed, as only investment returns are utilized for the 
scholarship. Any shortfalls in the fulfillment of the annual scholarship commitment are underwritten by the 
AFGLC Headquarters.  This scholarship is legally structured for operation in perpetuity.<br>