Is 'That fund would allow us to grant a $500 scholarship annually to meritorious applicants with financial need.' a clear rebuttal of the premise 'The fund has been especially set up to give us a vehicle through which we can award monetary help to worthy students.'
That fund would allow us to grant a $500 scholarship annually to meritorious applicants with financial need.###The fund has been especially set up to give us a vehicle through which we can award monetary help to worthy students.