The medal will be for "notable early career achievement by a young maritime or ocean professional." The title will be "The Francis T. Bowles Medal." The medal will be made of gold-plated bronze, one side to show likeness of Francis T. Bowles, the other side to show an inscription of award. Eligibility for the medal, as of March 31st of the year awarded the nominee must have a minimal of five contiguous years as an Associate or Full Member, concurrent to time of nomination and meet the age limit of 35 as of March 31st of the award year. Volunteer service will be considered as a positive factor, but not required. Anyone may nominate. The selection of the nominee for the medal shall be made by the Awards Committee of SNAME requiring two-thirds vote. Notification of the award will be made following approval and the medal will be presented with suitable ceremonies at the Annual Meeting or at such time as the President of the Society may arrange. The medal may be awarded annually but not more often.