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Scholarship Funds

Help local students achieve their educational, technical, and career aspirations by establishing a scholarship fund that invests in their future.

Frequently Asked Questions

Find clear answers to common questions about starting a Scholarship Fund.

Why create a Scholarship Fund?

A Scholarship Fund supports students who have graduated from a high school within our service area—from Ninilchik to Nanwalek and everywhere in between. If you are passionate about youth development, keeping local talent in our communities, or encouraging students to pursue a particular field of study such as healthcare, education, or skilled trades, a scholarship fund can create opportunities that last for generations.

Who decides how the fund is used?

Grant decisions are made by a Scholarship Committee and Board of Trustees. If you decide to take an active role you can appoint the members of your Scholarship Committee.

How does it work?

When you establish a Scholarship, we work with you to create the guiding principals used to make awards. Your guiding principals can be focused on supporting students attending a specific school or persuing a particular major.

You may also recommend that certain criteria, such as GPA, test scores, work experience, personal essays, or extracurricular involvement, be given greater weight during the selection process. The only requirement is that all scholarship criteria remain objective, fair, and non-discriminatory.

Can scholarships go directly to students?

No. Scholarships may only be paid to educational institutions in support of the recipient.

Can you fundraise to grow your Fund?

Yes. However, please contact us before beginning any fundraising efforts so we can review guidelines together.

Have more questions? Reach out to our team.