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AEP Educational Trust Scholarship Program
Deadline to apply: February 23, 2023 3:00 pm CT

American Electric Power Company, Inc. has set up the AEP Educational Trust to fund and administer a scholarship program to assist children of employees who plan to continue their education in college.

This program is administered by Scholarship America®, the nation’s largest designer and manager of scholarships and other education support programs for corporations, foundations, associations, and individuals. Eligibility for individual programs is determined at the sole discretion of the sponsor, and eligible applications are reviewed by Scholarship America’s evaluation team. Awards are granted without regard to race, color, creed, religion, sexual orientation, age, gender, disability, or national origin.

Applicants to the AEP Educational Trust Scholarship must meet all of the following criteria:

  • Be dependent* children of full-time employees of any company that is a direct or indirect subsidiary of American Electric Power Company, Inc. (collectively, AEP) who have a minimum of one year employment with the company as of the application deadline date.
    * Dependent children are defined as biological or legally adopted children of the employee, the employee’s spouse or the employee’s domestic partner on file at AEP living in the employee’s household or primarily supported by the employee.
  • Be high school seniors.
  • Plan to enroll in full-time undergraduate study and at an accredited four year college or university for the entire upcoming academic year or enroll in a two year junior college, technical institution or nursing program as long as the curriculum could lead to a baccalaureate degree, and the applicant intends to pursue a baccalaureate degree.
  • Students who receive full scholarship awards from any other sources including military service academies are not eligible to participate in the American Electric Power Education Trust Scholarship Program.

Children of a Trustee of the AEP Educational Trust or of a member of the Board of Directors of any of the AEP System Companies are ineligible.

Awards
If selected as an American Electric Power Education Trust Fund recipient, the recipient will be eligible for an $8,000 award.

The initial award is $3,000 with renewal awards of $2,500 for two additional years contingent upon satisfactory academic performance. The student must maintain a 2.5 grade point average on a 4.0 scale, in a full time course of study and continuation of the program by AEP.

Awards are for undergraduate study only.

Notification
All applicants will be notified in late April.

Payment of Scholarships
Scholarship America processes scholarship payments on behalf of AEP. Payment is made in late July.

Selection of Recipients
Scholarship recipients are selected on the basis of:

  • Academic record
  • Demonstrated leadership and participation in school and community activities
  • Work experience
  • A statement of educational and career goals and objectives
  • Unusual personal or family circumstances
  • An online recommendation. A recommendation from a supervisor of an AEP System employee who is a parent of an applicant will not be considered.

Financial need will be considered. Recipients must demonstrate need.

Selection of recipients is made by Scholarship America. In no instance does any officer or employee of AEP play a part in the selection. All applicants agree to accept the decision as final.

As part of your application, you must upload the following document:

  • A current, complete transcript of grades. Grade reports are not accepted. Unofficial or online transcripts must display student name, school name, grades and credit hours for each course, and term in which each course was taken.

    NOTE: If you are providing SAT or ACT test scores, and those scores are not listed on your high school transcript, you will need to upload a copy of your test score report(s) separately. If you are uploading a college transcript, those scores are not required.

One online recommendation form must be submitted on your behalf no later than February 28, 2023 3:00 pm Central Time.

Your application is not considered complete unless all required documents are submitted electronically.

The AEP Educational Trust Fund has partnered with Scholarship America. Selecting the button below will redirect you to the Scholarship America Student Hub!