One or more scholarships are offered each year under the terms of the Ebbutt Memorial Trust which was established by the late Dr. Arthur J. Ebbutt in memory of his wife, Helen MacNaughton Ebbutt. Dr. Ebbutt taught at Mount Allison from 1947 to 1971, serving as Dean of Arts from 1954 to 1963: he was the founder and first Head of the Department of Religious Studies. Under the terms of the Trust one of its purposes is "the provision of a scholarship or scholarships for students in Religious Studies, with a preference for those taking an Area of Concentration in Religious Studies."

The Scholarships are open to students who are taking courses in Religious Studies and who intend to take further courses in the Department (except for those in final year of study). Preference will be given to students taking an Honours Programme or a Major or Minor in Religious Studies. Additional criteria will be past performance in Religious Studies courses and plans for future courses (except for those in final year of study). The criteria for determining which students are of scholarship standard will be those normally accepted at Mount Allison. A condition of receiving a scholarship is that students must take at least six credits in Religious Studies in the academic year during which they receive the scholarship. The Scholarships are awarded by the Mount Allison Scholarship and Bursary Committee on recommendation from the Department of Religious Studies. Applications should reach the Department of Religious Studies, Room 112, Hart Hall, by Friday, October 5th, 2012.