Scholarships
Luck of the Draw
Luck of the Draw scholarship will be awarded in 2026! Scholarship winners will be drawn at random from all eligible applicants at Lincoln Electric’s Annual Meeting on Thursday, April 16, 2026. This is a unique approach as it gives all eligible applicants an equal chance of winning.
BELOW IS THE LUCK OF THE DRAW APPLICATION 2026
Luck of the Draw scholarship application for 2026 has been closed.
Eligibility Requirements
- The applicant or their parent/legal guardian must be an active LEC member currently receiving electric service.
- The applicant must complete the application by Thursday, March XX, 20XX.
- The applicant and/or the applicable LEC member parent/grandparent/legal guardian must attend and register at LEC’s Annual Meeting and check in at the Luck of the Draw Scholarship table on Thursday, March 25, 20XX, prior to 5:15 p.m., and must be present for the drawing.
- The applicant must be enrolled, or planning to enroll full-time, in a non-graduate level course of study at an accredited two-year college, four-year college, trade school, or vocational institution for the Summer or Fall 20XX term.
- The applicant must be pursuing their first undergraduate degree, vocational license, trade license, or certificate. Applicants who have already earned an associate degree (two-year degree), but not a bachelors degree, remain eligible.
- Undergraduate degrees include, but are not limited to, Bachelor of Arts (BA), Bachelor of Science (BS), and associate degrees.
History
LEC has awarded over $189,000 in Luck of the Draw scholarships to our members and/or their dependents since 2010. The Luck of the Draw scholarship program is not funded directly through electric rates, nor will it affect rates. LEC’s scholarship funds come from unclaimed capital credit money that has been placed in an account earning interest. Every effort is made to notify members of unclaimed capital credits before placing the money in the account.