Deadline: February 14, 2021
Click link below to take you to the Electric Cooperative Foundation Scholarship Application
CAEC supports continuing education through the Electric Cooperative Foundation Scholarship Program each year. Graduating high school seniors in CAEC’s service area are eligible to compete for four, $2,500 scholarships. Applications are awarded in May.
The program, established in 1997, awards scholarships to dependents of members of participating electric cooperatives. Granted only to graduating high school seniors, the student must attend a four-year college, a junior college, a technical school or vocational school of the scholarship recipient’s choice provided that such school is an accredited institution.
The terms and conditions on which the scholarships are to be made for the 2020 scholarship year, are as follows:
1. The scholarships shall be transmitted to the accredited school selected by the scholarship recipient. The Foundation has given $891,000 in scholarships since 2001. Individual scholarships have ranged in the past from $500 to
2. The scholarship shall be granted only to graduating high school seniors.
3. The scholarships shall be announced and awarded in the spring prior to the recipient’s graduation, but are contingent and subject to the scholarship recipient graduating from high school and passing any required graduation
4. The one-time scholarship will be available for use by the student for the immediate 4 academic years following
the student’s high school graduation.
5. The scholarship will be paid by the Foundation directly to the educational institution for credit to the student’s
account at the institution with notification of receipt to be received from the educational institution.
6. In order to qualify for the partial scholarship, the student must attend a four year college, a junior college, a
technical school or vocational school of the scholarship recipient’s choice provided that such school chosen is an
7. In order for the scholarship funds to be received to the benefit of the scholarship recipient, the student must enroll
on a full-time basis at the institution selected, which full-time status must be certified to by the institution. Failure
to qualify as a full-time student will result in a rescission of the scholarship with the funds being returned from
the institution to the Foundation. There are no exceptions to this rule, and except as determined by the Foundation on a nondiscriminatory basis, there will be no deferral of enrollment.
8. In order to qualify for the scholarship, the applicant must be a dependent child of a member of a participating
Alabama electric cooperative at the time the application is made and through graduation from high school.
9. The scholarships will not be awarded solely based on need, nor will need be a predominate basis upon which any
determination is made.
10. If an applicant’s parents live in two different districts established by the Foundation, the applicant shall only be
permitted to apply for a scholarship in one district