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North Arkansas Electric Cooperative's member-funded Operation Round Up® program awards thousands of dollars in scholarships to local graduating high school seniors each year. In 2022, 15 students were awarded $1,000 scholarships, and two students were awarded $4,000 scholarships to be disbursed in $1,000 annual installments for up to four years.

NAEC is accepting applications for the 2023-2024 scholarship program. Download PDF of application here.

Applicants must mail or deliver the typed application to NAEC by April 13. They must include a high school transcript and three letters of recommendation. 

To be eligible for the scholarship, high school seniors must graduate at the end of the 2023 school year, and their parents or legal guardians must be NAEC members. Applicants also must have a grade-point average of 3.0 or higher on a 4.0 scale through the first semester of senior year. The scholarship must be used to attend an accredited institute of higher learning on a full-time basis. For more information, please contact Tori Moss at or 870-895-6210.

Members can help fund future scholarships by enrolling their account or accounts in Operation Round Up. Participants agree to have their monthly electric bill “rounded up” to the nearest dollar. For example, a bill of $85.60 would become $86. Click here to enroll in Operation Round Up. 


The application is in an interactive PDF format. If you do not have a PDF viewer installed on your computer, click the link below for a free download.

Link to Adobe Reader