As part of our commitment to support the education of the members we serve, Medina EC awards scholarships to members who have a high school senior graduating or are adults pursuing higher education. The number and amount of scholarships vary annually.
Since scholarships were first awarded in 2000, Medina EC has awarded $517,500 for higher education to 333 members*. The program is funded by unclaimed capital credits. When capital credits remain unclaimed for three years, they are escheated back to the State of Texas. The state can then give a portion of that money back to the cooperative, which they have done in the past. These funds are used to fund the scholarship program, energy efficiency rebates and area economic development activities.
2018 Scholarship Program
Watch for information on the 2018 scholarships starting in December 2017 in your Texas Co-op Power magzine.
*Data as of 4/13/2017 - Does not include additional scholarship money that is awarded to Youth Tour winners.