Craig-Botetourt

Rural Electric Cooperative

CBEC Announces Scholarship Winners

30-Apr-2015

Two Local Students Earn Electric Cooperative Scholarships


Two local high school seniors have earned $1,000 scholarships awarded by the Educational Scholarship Foundation of the Virginia, Maryland & Delaware Association of Electric Cooperatives (VMDAEC).

Emily Downey, a senior at Craig County High School and the daughter of Cynthia Agee, will receive a Worth M. Hudson Scholarship in the amount of $1,000. In addition, Katlyn Dooley, a senior at James River High School and the daughter of Lisa Downey of Buchanan, will receive a $1,000 C.D Hypes Memorial Scholarship.

Both were awarded their scholarships based on a competitive screening process and were eligible for consideration because their parents are consumer-members of Craig Botetourt Electric Cooperative.  Applicants must be entering their first semester of college, technical or trade school in the autumn of 2015.

This year, the VMDAEC Educational Scholarship Foundation received a record 319 applications from students in areas served by electric cooperatives in Virginia, Maryland and Delaware. The Foundation is awarding 45 Worth M. Hudson Scholarships, one C.D Hypes Memorial Scholarships and one additional endowed scholarship in the amount of $1,000 each.

The Foundation is funded through tax-deductible donations from individuals and VMDAEC cooperatives, as well as proceeds from benefit fundraising events. Recipients were chosen based on financial need (40 percent), academic achievement (40 percent) and a personal statement (20 percent). 

The Worth M. Hudson Scholarships are named in honor of the first chair of the VMDAEC Educational Scholarship Foundation and former chair of the board of Mecklenburg Electric Cooperative in Chase City, Va.  The C.D Hypes Memorial Scholarships are named in memory of the late C.D Hypes, who taught agriculture in Virginia public schools for 30 years and also served on the board of Craig Botetourt Electric Cooperative in New Castle, Virginia.

“Donations from several VMDAEC member cooperatives were matched by CoBank’s ‘Sharing Success’ Program,” said Roberta Harlowe, who chairs the VMDAEC Educational Services Committee and serves on the board of Central Virginia Electric Cooperative. CoBank is a national cooperative bank that provides loans and other financial services to rural power, water and communications providers in all 50 states.

Since its inception in 2001, the Foundation has awarded 517 electric cooperative scholarships totaling $416,500.  The number of scholarships awarded each year is based upon funds available and these grants can be used to pay for tuition, fees and books.

About CBEC: Headquartered in New Castle, Craig Botetourt Electric Cooperative (CBEC) is a member-owned electric-distribution utility serving more than 7,000 meters in Craig, Botetourt and five other area counties. For more information about the cooperative, visit www.cbec.coop.

 

About VMDAEC: Founded in 1944, VMDAEC is the trade association for Craig Botetourt Electric Cooperative and 14 other electric co-ops in Virginia, Maryland and Delaware. It is based in Glen Allen, Va. and provides safety and employee training, governmental relations and other services, including the publication of Cooperative Living magazine. To learn more, visit the Community Resources section of www.vmdaec.com or www.co-opliving.com/community/ scholarship.htm.