Scholarships
$42,250 in Combined Scholarship Gifts Were Awarded at 2025 Annual Meeting
Iowa Lakes Electric Cooperative granted $44,250 in combined scholarship gifts to 51 high school seniors at the 2025 Annual Meeting.
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Scholarships will be awarded by random drawing at 2026 Annual Meeting. All qualified and registered high school seniors in attendance will be awarded either a $2,000, $1,000 or $750 scholarship. Recipients will be selected at random during Iowa Lakes Electric Cooperative's 2026 Annual Meeting on Saturday, April 11, 2026. The Annual Meeting is held at the Clay County Regional Events Center in Spencer, Iowa at 9:00 a.m. Students must be present to win.
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Who is eligible for the scholarships?
Dependents of member-owners and employees of Iowa Lakes Electric Cooperative are eligible and must meet the following criteria:
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Must be a U.S. citizen
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Must be a senior in high school for the 2025-2026 school year and planning to enroll in a full-time undergraduate or graduate course of study at an accredited two-year college, university, or vocational school​
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Please contact Iowa Lakes Electric Cooperative at 800.225.4532 with any questions.
Basin Electric Scholarship
Dependents of member-owners of Iowa Lakes Electric Cooperative are eligible to apply for $2,500 in scholarships provided by Basin Electric Power Cooperative and Corn Belt Power Cooperative, wholesale power suppliers of Iowa Lakes Electric Cooperative.
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Iowa Lakes Electric will award two Basin scholarships- (1) $1,500 and (1) $1,000.
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Corn Belt Power Cooperative also selects a scholarship recipient for the Basin Scholarship. Iowa Lakes Electric Cooperative will send one application from our applicant pool on to Corn Belt Power for consideration.
The scholarship program is designed to encourage and recognize the achievements of a student living on electric cooperative lines. The scholarship must be used for educational costs and the student must enter college in the fall of the school year for which the scholarship is given. The applicant must be a student who is enrolled or planning to enroll in a full-time graduate or undergraduate course of study at an accredited, two-year or four-year college or university or vocational/technical school.
This scholarship is awarded without regard to other awards, loans or financial assistance the applicant may have obtained. Award of the scholarship is based on the following criteria: SAT/ACT scores, grade point average, work experience, participation in school and community activities, a statement by the student explaining his/her educational and career goals and a written recommendation by a third party.
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Scholarship application deadline is January 31, 2026. Application needs to be in ILEC's office by this date.
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Return to: Iowa Lakes Electric Cooperative, 702 South 1st Street, Estherville, Iowa 51334
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Please contact Bobbi Jo at 800-225-4532 with any questions.
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