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LPEA hosts open house focusing on college scholarships

By Indiana Reed
Special to The SUN

To assist high school seniors and their parents with the application process for college scholarships available through La Plata Electric Association (LPEA), the cooperative will host a special open house, Thursday, Jan. 23, 5:30-7 p.m. at LPEA’s Bodo Park headquarters (45 Stewart St., Durango).

LPEA staff members will be on hand to answer any questions. Copies of all applications will be available, and no RSVP is necessary.

All high school seniors in LPEA’s service territory, including home school students, who receive their electricity from LPEA are eligible to apply for the variety of funding opportunities. Deadline for application is March 3. Attendance at the open house is not a requirement of application.

LPEA directly offers the LPEA Scholarship (four-year) and LPEA/John Voelker Memorial Scholarship (two-year) per LPEA Board of Directors policies No. 411 and 416, plus provides for additional affiliated rural electric scholarships/awards offered by Tri-State Generation and Transmission and Basin Electric Power Cooperative.

Specifically, LPEA will award two four-year scholarships (140 credit hours) for students attending any college or university beginning with the 2014-2015 academic year. LPEA will cover tuition, books and fees, up to $28,000 over four years, given that the students maintain minimum qualifications.

The LPEA/John Voelker Memorial Scholarship recognizes two students attending accredited vocational schools, technical schools or junior college. This two-year scholarship covers fees, books, tools and supplies up to $10,000 over two years, per student.

Funds for the LPEA and LPEA/John Voelker Memorial Scholarships come from LPEA’s unclaimed capital credits. Each year, LPEA endeavors to find “missing” members who are due a share of retired capital credits. Those funds unable to be returned to members are then put back into the community — in this case, into college scholarships.

For further information and to download applications, visit www.lpea.coop or contact Jeannie Bennett at 382-3505, or jbennett@lpea.coop.

This story was posted on January 21, 2014.