The Lake Country Power board of directors will choose recipients based on the following criteria:
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Application process is open to all independent school districts in the cooperative’s service territory.
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Applications must come from the school district administration for projects at any facility in their respective district.
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Repeat awards to any school will be at the discretion of the LCP board of directors.
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Applications must be submitted on the official Education Improvement Program application form.
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The following factors will be considered in the evaluation of all funding requests:
a. Potential benefit to area school districts and the entire community.
b. Level of community support for the project or the school district requesting the funds.
c. Administrative and financial capability of the school district to execute the completion of the project in a reasonable and timely manner.
d. Results that are predictable and can be evaluated.
About
The Education Improvement Program utilizes “unclaimed capital credit” funds. The State of Minnesota allows electric cooperatives, like Lake Country Power, to keep the monies local and use toward educational purposes after several years of trying to locate former co-op members with their capital credits that are due. Funds that remain unclaimed are allowed to be used at the cooperative’s discretion if it meets State criteria.
Lake Country Power is making every effort possible to keep the funds local while benefiting the communities and schools within the cooperative’s service area.
For more information, contact us at 218-742-5757 or email jburnes@lcp.coop
Application period opens October 1, 2024 and closes on November 30, 2024.
