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Scholarship Opportunities

Paul and Fern Yocum Scholarship Foundation

The Paul and Fern Yocum Scholarship Foundation was established by Paul and Fern Yocum in 1998 to assist qualified sons and daughters of Yocum Oil’s full-time employees to further their education beyond high school. Each year, scholarships are offered for full-time undergraduate study to an accredited two- or four-year college, university or vocational-technical college.

An independent Advisory Committee reviews applications and makes recommendations based on academic record, leadership, participation in school and community activities, honors, work experience and a statement of educational and career goals. The St. Croix Valley Foundation, which serves as the scholarship’s Administrator, serves as a partner in philanthropy, complementing the efforts of other private and public charities, nonprofit organizations and civic institutions. As a community foundation, it plays a valuable and unique role—as a vehicle for donors to contribute to the future health of Minnesota’s communities and as a grant making entity to assist individuals, organizations, and communities throughout the region.

Eligibility

The applicant must be a dependent child of a full-time Yocum Oil employee who has a minimum of one year of active full-time employment as of the application deadline and a high school senior or graduate who plans to enroll or is currently enrolled in a full-time undergraduate course of study at an accredited two or four year college or university, or vocational-technical college.

Selection Criteria

Scholarship recipients are selected on the basis of academic record, leadership, participation in school and community activities, honors, work experience, and a statement of educational and career goals. Awards are granted without regard to race, color, creed, religion, sex, sexual or affectional orientation, disability, national origin, or financial need.

Applications must be accompanied by a letter of recommendation from a teacher, counselor, or supervisor, a copy of the applicant’s high school transcript(s) and all post-secondary transcripts.

*Incomplete applications will not be considered.

Notification and Payment of Scholarships

Scholarship recipients will be announced in June. The St. Croix Valley Foundation is responsible for selection of recipients using an independent Advisory Committee created for this purpose, notifying recipients and non-recipients, and distributing all scholarship payments.

Scholarship awards will be paid in August/September in the year in which the award is made. Checks will be mailed and made payable to the accredited post-secondary institution in which the scholarship recipient is enrolled.

Scholarships expire and will be withdrawn if uncommitted by August 31st of the year following the award.


Scholarship Awards


The scholarship award amount will be at least $1,000.

Number of Awards


The number of scholarship awards may vary annually. Notification of committee decisions will be given to all applicants. All committee decisions are final. This award is not renewable. Recipients and non-recipients may re-apply in succeeding years.

Application Deadline

Applications are available from the website of the St Croix Valley Foundation or by clicking the scholarship application link in PDF or Word format. Sons or daughters of full time Yocum Oil employees must submit their completed applications to the St. Croix Valley Foundation by April 30th by mail, email or fax: 
 
Mailing address:

  St. Croix Valley Foundation
Attn: Scholarship Services
516 Second Street, # 214
Hudson, WI 54016
Email address:
  info@scvfoundation.org
Fax:
  (715) 386-1250

*Note, all additional information, including transcripts, letters of recommendation, etc. must be submitted by the application deadline as well.

Revisions

The St. Croix Valley Foundation reserves the right to revise this scholarship program at any time.

Additional Links:

St. Croix Valley Foundation
Paul and Fern Yocum Scholarship Foundation
Yocum Oil Company, Inc.

Questions or additional materials regarding the Paul and Fern Yocum Scholarship Foundation may be directed to:

St. Croix Valley Foundation
Attn: Scholarship Services
516 Second Street, # 214
Hudson, WI 54016

(715) 386-9490

info@scvfoundation.org


 

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