The Value

of Higher

Education

Academic Assistance:

Overview

Every child deserves the opportunity to better themselves and follow their dreams. The Ida C. Koran Trust provides academic financial assistance for dependent children of Ecolab employees and retirees seeking to broaden their horizons through post secondary study (undergraduate programs including trade, technical, vocational or traditional university programs).

Application Details

Award Amounts

Selected students will receive an award ranging from a minimum of $2,000 to a maximum of $10,000. Awards are renewable to qualifying students for up to three years or until graduation, whichever comes first.

Application Deadlines

All on-line electronic applications must be submitted online to Scholarship America by 20 February 2017.

Eligibility

To be eligible for the Ida C. Koran Academic Assistance Program, the applicant must be a dependent child of an eligible Ecolab employee or retiree. Employees from companies acquired by Ecolab are eligible for the Trust's programs once the acquisition is finalized. Financial need using the Suggested Parent Contribution methodolgy (SPC) will determine the size of the award to selected students.

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Program Administration

The Academic Assistance Program is administered independently by Scholarship America. IRS regulations permit no more than one of every four applicants receives an award. The more applications received, the more awards selected.

Academic Assistance Application

Ecolab employees and their dependent children are required to complete the on-line application fully and submit electronic official academic transcripts from the dependent child's most recent education facility. Incomplete applications or paper applications will not be considered for awards. Scholarship recipients are selected on the basis of academic record, demonstrated leadership and participation in school and community activities, and financial need.

Financial Need Statement

Recipients must demonstrate financial need to receive an award. Awards will be given as scholarships or as a combination of scholarships and loans.

The Value of Education:

Recent Recipients

Dewaldt Botha

Dewaldt Botha

Associate: Theuns Botha
Middle East/Africa
Prestige Academy
Emily Bowers

Emily Bowers

Associate: Brian Bowers
North America
Milwaukee Institute of Art & Design
Kyu Yong Lee

Kyu Yong Lee

Associate: Joe Chul Lee
Asia Pacific
Yonsei University
Lindsey Nelson

Lindsey Nelson

Associate: William Nelson
North America
Normandale Community College
Cezary Piotrowski

Cezary Piotrowski

Associate: Andrzej Piotrowski
Europe
Gdańsk University of Technology
Nicholas Rivard

Nicholas Rivard

Associate: James Rivard
North America
Bay de Noc Community College
Areli Sanchez

Areli Sanchez

Associate: Marco Sanchez Garza
Latin America
Universidad Regiomontana

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