This program is designed to encourage the academic achievements of high school seniors or current undergraduate students who live in the YVEA service territory. The scholarship must be used for educational costs and the student must enter college in the fall of the school year of which the scholarship is given. Checks will be made payable jointly to the student and the college and must be endorsed by both parties. The scholarship will be paid 50% first semester and 50% second semester. All scholarship recipients must maintain academic status to claim both first and second-semester scholarship awards.