The Permanent Endowment for Martha’s Vineyard is now accepting applications for its 2012 educational scholarships.

Seventeen scholarship funds are administered by the permanent endowment, which will be awarding scholarships 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 call 508-338-4665. All applications must be postmarked by March 15.