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The W. Chester S. McLure Memorial Fellowship is awarded to one or more graduating UPEI students to assist in continuing studies in the areas of Business Administration or Political Studies. The fellowship provides financial support of up to $10,000 to help students pursue graduate-level education at prestigious institutions. Preference is given to students studying at York University, Boston University, Harvard University, Oxford University, Cambridge University, London School of Economics (London, England), Dalhousie University or University of Prince Edward Island. This memorial fellowship honors the legacy of W. Chester S. McLure and supports outstanding students as they advance their academic careers in business or political studies.