LA GRANGE — Colorado Valley Telephone Cooperative, Inc. recently awarded $70,000 in scholarships to 14 graduating seniors from six area high schools. Each student received a $5,000 scholarship.
The Cooperative’s Rural Scholarship Fund is derived from money (capital credits, deposits, etc.) unclaimed by former members of the cooperative that would otherwise be deposited in the State’s Escheat Fund.
In addition, earnings on money that has been set aside by the cooperative’s subsidiaries is used to fund the scholarships.
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