The Dependent Scholarship Awards is a merit-based, competitive scholarship program for undergraduate and skilled-trade students. Scholarships are awarded to qualifying dependents of full-time Koch employees**, in increments of $2,000.
Program Details|Program Details
Applicant must be at least a high school senior and not older than 25 years of age as of March 1, 2021. At the time the application is submitted, the applicant must be enrolled or anticipate being enrolled in an accredited U.S. or Canadian college, university or regionally accredited nonprofit trade school* as a full-time undergraduate student (minimum of 12 undergraduate hours of credit per semester) for the fall 2021 semester.
*Qualified trade school programs are programs conducted by nonprofit organizations described in Internal Revenue Code section 170(b)(1)(A)(ii). Such programs are limited to industrial trades or crafts and must be accredited by a nationally recognized accreditation agency, and authorized under federal or state law.
Applicant must be a dependent of a parent or legal guardian who is a full-time employee of Koch Industries, Inc., Koch Holdings, LLC, 1888 Management, LLC or any of their wholly-owned subsidiaries** in the U.S. or Canada, with a minimum of one year of service by March 1, 2021 (does not apply to applicants who are renewing scholarships). All applications (for new and renewal scholarships) are accepted online only and must be submitted by March 1, 2021.
The following applicants are not eligible (does not apply to applicants who are renewing scholarships):
Dependents of directors or officers, at the level of president or vice president, of Koch Industries, Inc. Dependents of directors or officers of other wholly-owned Koch companies who are also not a director or officer of Koch Industries, Inc. are eligible.
Dependents of part-time employees or employees working on a contractual basis with Koch Industries, Inc. or any other Koch company.
Scholarship Selection Scholarship Selection
In compliance with IRS regulations, a maximum of 25 percent of all qualified applications received may be awarded scholarships. This does not apply to renewal scholarships. Award decisions will be made by the Scholarship Selection Committee by May 1 and the committee’s decisions will be final. No employee or director of Koch Industries, Inc. or any of its subsidiaries serves on the Scholarship Committee. The committee will base its decisions on a variety of factors including essays, community and school involvement and other application criteria.
Automatic renewal scholarship applicants
Must have maintained status as a full-time student in good standing during the prior year and submit a completed renewal application by the March 1 deadline. Should a recipient fail to maintain these requirements, they should reapply for formal selection as a new applicant. To reapply, recipients must complete all application and portfolio requirements.
**Dependents of employees of Georgia-Pacific and its subsidiaries are only eligible to apply for the Georgia-Pacific Foundation scholarship award program.