Complete the Renewal Application if you are a prior receipient of the J. Sherman Pelt Scholarship and there is no change in your academic institution. The same selection criteria used for first time applicants remain applicable for the renewal process. Prior seminary (Category I) awardees are eligible to apply and may receive scholarships for a maximum of two (2) years. Prior LBC-Atlanta (Category II) awardees are eligible to apply and may receive scholarships for a maximum of four (4) years. The Scholarship amount is $1,000.00. Applicants will be eligible for only one award per year and must submit an application either as a Seminary Student (Category I) or LBC Atlanta Member (Category II).