Academic Assistance

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 21 February 2023 (3 p.m. CST).

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 with at least 12 months of service. 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 methodology (SPC) will determine the size of the award to selected students.

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

Dependents of Ecolab employees 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 based on 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.

APPLICATION TIMELINE

Applications must be returned by 21 February 2023 (3pm CST). Scholarship Management services will begin processing and evaluating applications after this date. Students are notified of their award status in mid-late May


Application materials are available
15 October 2022

Application materials are available

US & International submission deadline
21 February 2023

US & International submission deadline

Students are notified of their award status
End of May 2023

Students are notified of their award status

First distribution of awards are made to new student recipients
End of Aug. 2023

First distribution of awards are made to new student recipients

Second distribution of awards
December 2023

Second distribution of awards