Blue Hen Investment Club

I have a couple of questions about this club.
Can any grade apply?
How competitive is it to get in?
Do they give students grants or scholarships for being in it?
What requirements are there to apply (Like specific classes or GPA)?
What is the job placement out of this club?

If anyone has had any experience with this club I’d be grateful to hear. I was just accepted to the University of Delaware and when I visited this summer this was something that really interested me.

Anyone know anything about this?

https://cpb-us-w2.wpmucdn.com/sites.udel.edu/dist/a/5442/files/2016/12/Q1-2016-2h6crod.pdf

The Blue Hen Investment Club is the university’s $1.7 million student-managed investment fund. The club was founded in 1996 with $500,000 and currently holds 27 equity positions across multiple sectors. The goal is to outperform the S&P 500 on a risk-adjusted basis through a value-oriented approach by identifying undervalued securities and taking positions in them. For any inquiries, please contact bhic-eboard@udel.edu.
Interested students are invited to apply at the beginning of the fall and spring semesters. Applicants are asked to submit their resumes for an initial screening and selected applicants will then go through an interview process that evaluates their analytical abilities and previous experiences. The investment club also offers FINC-120 to prospective applicants, which teaches them fundamental equity research methods and techniques and tasks them with creating their own individual company presentations throughout the course of the semester.