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The Marshall Aid Commemoration Act 1953 was passed by the British Parliament in order to express enduring gratitude to the American people for the Marshall Plan. This Act established a series of scholarships for young Americans to study for a degree at a British University. The scheme is funded by the Foreign and Commonwealth Office and administered in Britain by the Marshall Aid Commemoration Commission. This is the 49th annual report of the Commission which details the activities of the scholarship scheme for the year ending 30/09/02.