Freeborn Mower Electric Cooperative announced several scholarship opportunities Friday:
Lucky Draw Bonus:
Ten scholarships of $1,000 each are available to high school seniors in the area. Student and Parents/Legal Guardians They must be active members of the Freeborn Mower Electric Cooperative at the time of the draw and be a resident of the Cooperative’s service area. Proof of enrollment as a full-time student is required for the fall semester of 2022 Before disbursing money to college. The application form and the article can be downloaded at www.fmec.coop and available from the Coop. The application deadline is March 11th. Prizes will be handed out by raffle at the annual meeting of the cooperative on March 26th.
Two scholarships of $1,000 each are offered for post-secondary training in electrical line business to students. Applicants for the Lineworker Scholarship must show that they have been accepted into the Lineworker Training Program or demonstrate that they are on the waiting list for the next open enrollment period. Preference will be given to members of Freeborn Mower Electric Cooperative and residents of Freeborn and Mower County. Selection criteria are based on academic achievement, school and community involvement, work history and essay submission. Application materials can be downloaded from the cooperative’s website or can be obtained from the cooperative’s office. Applicants must complete and submit the scholarship application by May 1.
Riverland Community College:
The cooperative also provides scholarship opportunities for Riverland Community College to be awarded to it Children of members of Freeborn Mower Electric Cooperative and adult members of the cooperative Back to school to continue their education. To be eligible for the Riverland Community College Scholarship, Applicant must be a current member of the Freeborn Mower Electric Cooperative and have financial proven need to. Scholarships are available to full-time students in any field. Non-traditional students are encouraged to apply. Applications are available from Riverland Community College.
“One of the seven guiding principles for cooperatives is caring for the community. The importance of higher education is clear, so offering scholarships is a great way to strengthen our communities,” said Mary Nelson, Director of Cooperative Relations.
Freeborn Mower Electric Cooperative operates as a non-profit entity. Cooperative margins, the amount of revenue exceeding expenses, is shared by the members of the co-op through the capital credits system. Unclaimed and non-deliverable capital credits are used to fund scholarships in accordance with Minnesota law.
“Scholarships provide a way to return money to the communities from which they originate. Otherwise, the money will be confiscated to the state,” Nelson said.
Questions regarding any of the Free Electric Mower Cooperative Scholarships can be directed to Lowry Jimenez at firstname.lastname@example.org or by calling 507-379-8852 or 800-734-6421.