What is a scholarship? “A scholarship is a form of financial aid awarded to a student for further education, based on his or her academic achievement or other criteria.”Why is a scholarship given in memory of a loved one? It provides a heart-warming way for a family to honor their loved one while carrying on his or her legacy forward.The Amy Shofner Memorial Scholarship was started in 1984-1985 to be presented to a Klondike School senior.Billy and Sharon Shofner started this scholarship in memory of their daughter, Amy, who passed away at the age of six from having Acute Lymphoblastic ...