sentences:  Hinman was also a fervent supporter of the nascent university and raised over $63,000 from the sale of the perpetual scholarships.These scholarships, purchased in four installments of $25, entitled the purchaser and his male heirs (after the university became coeducational, female heirs were also recognized) to free tuition in perpetuity and were sold until 1867.The university also sold less-expensive limited term "transferable" scholarships guaranteeing a certain number of years of free tuition.