HEA Scholarship Program
Welcome to the Homer Electric Scholarships page! Applications are now open for Homer Electric Association’s 2026 scholarship program. This year, HEA will award three types of scholarships: the Academic Excellence Scholarship, the Scholarship for the Trades, and the Returning Student Scholarship.
The Academic Excellence Scholarship recognizes students who demonstrate outstanding academic achievement and contribute positively to their communities. The Scholarship for the Trades supports students pursuing trade, vocational, or apprenticeship pathways. Lastly, the Returning Student Scholarship is designed to help community members continue their education after time away from school.
HEA’s Board of Directors will review all applications and select recipients from each of the three districts we serve. Don’t miss your chance to apply and make your mark on the Kenai Peninsula!
General Scholarship Rules & Eligibility Requirements
- Scholarships are intended to support students that plan to attend an accredited community college/trade program, junior college, college or university.
- Scholarship funds will be disbursed through the recipient’s chosen school. Scholarship money can be used for registration, tuition, books, or room and board.
- Funds not used by the recipient within two semesters of initial registration will revert to the HEA scholarship trust.
- All applicants must be residents of HEA’s service area and reside in the home of a parent or legal guardian served by the Cooperative. To be presumed a resident, the applicant must be eligible for the Alaska Permanent Fund Dividend.
- All applicants must be high school seniors attending a public or private secondary school within the HEA service area who is graduating in the 2025-2026 school year OR a returning student who graduated 2 or more years ago.
- Only submit a scholarship packet for consideration in one scholarship category.
- Submit a complete scholarship application, following the guidelines listed below, to be considered a qualified candidate.
- Scholarships shall be awarded on a non-discriminatory basis without regard to race, color, creed, religion, sex or age.
Applications have now closed for the 2026 HEA Scholarships!
Homer Electric Scholarships
Homer Electric’s scholarships are funded by the interest earned on unclaimed capital credits, which is managed by the Alaska Rural Electric Cooperative Association or what we call ARECA.