Continental Divide Electric's Education Foundation Scholarships
Continental Divide is fortunate to have one of the state's largest cooperative-sponsored scholarship programs, thanks to the mining boom in the 1970s and 80s.
In 1989, the Continental Divide Electric Education Foundation was established to assist CDEC members with scholarship money, which comes from unclaimed “capital credits.” These credits are invested by the co-op and the earnings are used for educational grants.
Each year, the Foundation's board of directors decides how many scholarships to award, based on available funds.
Scholarships are awarded to traditional and non-traditional college students who choose to attend school in New Mexico. Currently, grants of up to $4,000 are being awarded each year.