High School Seniors: Apply for Our Scholarship Program
Posted on January 27th, 2021
High school seniors have until April 30 to apply for a First Electric Cooperative scholarship, which is funded through the Operation Round-Up program. This year, nine $2,000 scholarship will be awarded to high school seniors living within the co-op’s five districts.
Students may visit their counselor or a First Electric office for an application or download from the co-op’s website at www.firstelectric.coop/scholarships.
To be eligible, applicants must be a high school senior whose parents or guardians are First Electric members. Applicants must have a minimum 3.0 grade-point average through their senior year of high school and upon graduation, attend an accredited institute of higher learning in Arkansas on a full-time basis, which includes technical career programs.
Help fund future scholarships and donations to local nonprofits by enrolling in Operation Round-Up and have your bill rounded up to the next even dollar. An average donation is just $6 per year.
To enroll or for more information on Operation Round-Up, visit our webpage.
Operation Round-Up allows First Electric members to help support worthwhile projects in our communities and scholarships for students.
Participating in Operation Round-Up is easy. Each month, First Electric simply “rounds up” the electric bill of participating members to the next highest dollar. For example, a member’s monthly bill of $52.73 would be rounded up to $53, with the additional 27 cents going to the Operation Round-Up Trust fund. Donations are tax deductible, and participating members are sent a summary of their yearly contributions in December and January.
The Operation Round-Up Trust fund is overseen by a nine-member board of community members, who are selected to serve by First Electric’s board of directors. The trustees meet quarterly to review donation applications and select the recipients. First Electric pays all administrative expenses for the program, which allows all “rounded up” monies to be used for nonprofit donations and college scholarships. Since its inception in 1998, the Operation Round-Up program has awarded more than $1.25 million in donations to nonprofit organizations and college scholarships.
Meetings are held the first week of each quarter. The deadlines for nonprofit donation requests will be as follows:
1st Quarter deadline – March 15
2nd Quarter deadline – June 15
3rd Quarter deadline – September 15
4th Quarter deadline – November 15