The deadline is fast approaching for 2012 educational scholarships administered by the Permanent Endowment for Martha’s Vineyard. All scholarship applications must be postmarked by March 15.

The permanent endowment will award 17 scholarships this year to both high school seniors and Vineyard students currently enrolled in college or graduate school. Last year, $144,300 in scholarships were awarded to 63 Island students, with awards ranging from $500 to $5,000.

Information on the criteria for each scholarship fund and application materials may be found on the permanent endowment’s Web site at endowmv.org, or by calling 508-338-4665.