Florida Coop Gives Millions in Student Grants
Withlacoochee River Electric Cooperative has given out $5.3 million in scholarship money in the past 15 years. The scholarship program began in 1996, when the Florida legislature overturned a law that required unclaimed capital credits to be forfeited to the state. In 1997, the coop began using its unclaimed capital credits to fund the WREC Educational Foundation, a program that it hopes will catch on with other coops. Click here for the story.