Each year Taylor Electric awards scholarships to graduating seniors. Funding for the scholarship program comes from unclaimed capital credits. To be eligible, the applicants parents must receive their electric service from Taylor Electric and must be graduating from high school in the applicable year.
Applications must be received at Taylor Electric Cooperative by April 7, 2020.
Final selection for the scholarship recipients will be made by the board of directors, with the cooperation of those schools involved.
The funds for these scholarships are derived from unclaimed capital credit refunds. Chapter 185 of the Wisconsin Statutes provides that unclaimed refunds may be used for educational and charitable purposes. Otherwise, they become unclaimed property and must be paid to the State of Wisconsin as such.