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SCIENCE & AGRICULTURE TEACHER SCHOLARSHIPS AVAILABLE
Full scholarship offered for two-day class at Mizzou next August.
Ozark Electric Cooperative will be offering FULL scholarship(s), including hotel and meal accommodations, next August 4 & 5, 2015, for a two-day class at Mizzou in Columbia for Science (middle school, junior high, or high school) and Ag/FFA teachers in our service area.

The class is entitled “Energy in the Classroom” (Mizzou Course #ASM 7370), and the teacher(s) will receive one hour of graduate credit. The class will also satisfy the teacher(s)’ required 15 hours of continuing education credit for the year.

The class, which has been sponsored by rural electric cooperatives and offered the past two years through Mizzou’s Agricultural Systems Management Department, has been very successful! Teachers have been very appreciative of the content and all the free take-home, hands-on experiment materials they receive. The class covers the basics of electricity plus the most current issues the industry faces.

We need your help in locating deserving teachers. We have a very short deadline; all completed applications must be received by early January. If you are an interested teacher, or you know a Science teacher or an Ag/FFA teacher who would be interested, please contact Linda Stander at 417-466-2317 or lstander@ozarkelectric.com. We will then send you the application and instructions. Thank you.

CO-OP MEMBERS TO RECEIVE CAPITAL CREDITS
Members will receive credit on December bill for years 1986-87
Your Ozark Electric Cooperative Board of Directors has authorized the retirement of $2,077,126 in Capital Credits (Patronage Capital) for the years of 1986-87. Cooperative members who were ACTIVE members during 1986 and/or 1987 and are still members today will receive a credit on their December billing statement. Those who were members in the retired years but are no longer current members will receive a check in the mail.

Capital Credits are just one of several advantages of being a member of an electric cooperative. A cooperative does not earn profits in the sense that other businesses do. Instead, any margins, or revenues remaining after expenses have been paid, are allocated each year to the members in proportion to their usage of the co-op’s services. The allocations are based on the total dollar amount of services purchased. Capital credits represent each member’s share of the cooperative’s margins and ownership of the co-op.

A member who terminates service no longer receives additional capital credits allocations. However, the balance in the member’s capital credits account is maintained until it is retired in full. It is the member’s responsibility to notify the co-op of any changes in address so the member can be located when the co-op retires capital credits allocated to the member’s account.

Upon death of a member, capital credits remaining in the member’s account belong to the member’s estate. The heir of the estate should submit an “Affidavit of Heirship” in order to claim the deceased member’s capital credit retirement. You can download the affidavit from this website. Just click on “Member Services”, then “Capital Credits”. The link for the heirship affidavit is at the bottom of that section. You can also just give us a call or stop by one of our offices to get the application. These must be notarized, which can be done at any of our three offices.

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