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JOHNSON CITY — The Pedernales Electric Cooperative is offering $50,000 in scholarships to high school and home-schooled seniors in its service area.

Eligible students may apply at pec.coop/scholarship. All scholarship materials must be submitted online by March 25.

“As a cooperative, we recognize the responsibility we have to support our member communities,” said Eddie Dauterive, PEC vice president of Member Services and 2016 PEC Scholarship Committee president. “Our young people will be the leaders of the future, so PEC sees our contributions to their education as worthwhile investments.”

PEC will provide 14 scholarships this spring with amounts ranging from $2,500 to one $10,000 scholarship. The scholarships may be used to pay expenses at any accredited university, college, junior college, technical school or trade school. Each scholarship recipient must be at the 12th grade level through a public, private or home-schooled education, and his or her parents or legal guardians must be PEC members.

Recipients will be selected based on academic performance, community involvement, extracurricular activities and financial need.

Applicants also will be evaluated on an essay on the following topic: “What does the word ‘cooperative’ mean to you? Research the seven cooperative principles and describe impacts to the community that you see because of the cooperative business model employed by PEC. How do you think other companies could benefit from adopting the same principles?”

The PEC Scholarship Committee selects a panel of independent judges that determines recipients.