Each year, the VMDAEC Education Scholarship Foundation awards scholarships based on 40% financial need; 40% academic achievement; and 20% personal statement. Funds can be applied towards tuition, student fees, room and board, or textbooks. The applicant's primary residence must receive its electric power from one of the 15 member electric cooperatives served by Virginia, Maryland and Delaware Association of Electric Cooperatives (VMDAEC). The applicant must be a high school or home-school senior, entering his or her first semester at a college or technical/trade school in the fall.
Proof of admission will be required if selected to receive a scholarship. Funds can be applied towards tuition, student fees, room and board, or textbooks. The scholarships are awarded by the Virginia, Maryland & Delaware Association of Electric Cooperatives Education Scholarship Foundation, which since 2001 has provided approximately 998 scholarships to graduating high school students totaling more than $900,000.