The cooperative principles most often cited when speaking of scholarship programs are arguably
#5: Education, Training and Information and
#7: Concern for Community.
SCEC's scholarship program also demonstrates the first three principles:
#1: Voluntary and Open Membership (no discrimination)
#2: Democratic Member Control (one member, one vote)
#3: Members’ Economic Participation (members contribute equitably)
Scholarships are funded by forfeited capital credits put into an account held in trust by Federated Youth Foundation and have no effect on members’ bills.