The LaKay Schmidt Scholarship offers a $1,000 cash scholarship to a high school junior or senior in Colorado who has completed a high school economics class. The sponsoring teacher of the selected student also receives a $250 award. The scholarship recipient is chosen by a committee composed of economic and business professionals. The committee evaluates applicants based on their ability to demonstrate an understanding of economic thinking. Essays that exhibit a profound comprehension of economic principles and possess a compelling personal voice have the highest likelihood of selection. Applicants are required to respond to a specific prompt when crafting their essay.

Here are the key details regarding the LaKay Schmidt Scholarship:

• Scholarship Amount: The scholarship provides a $1,000 cash award to the selected student and a $250 award to the sponsoring teacher.
• Eligibility: Applicants must meet the following criteria to be eligible for the scholarship:
• Grade Level: Applicants must be high school juniors or seniors.
• Completion of Economics Class: Applicants must have taken a high school economics class.
• Selection Process: A committee consisting of economic and business professionals evaluates the applicants and selects the scholarship recipient. Essays that demonstrate a deep understanding of economic principles and exhibit a compelling personal voice stand a higher chance of being chosen.
• Essay Prompt: Applicants are required to respond to a specific prompt provided by the scholarship committee. The prompt frames the context for the essay and guides the applicant's writing.

The LaKay Schmidt Scholarship aims to recognize and reward Colorado high school students who have shown insight into economic thinking through their studies and personal reflection. By emphasizing strong economic principles in their essays, applicants have a greater opportunity to be selected for the scholarship.

For detailed information on the application process, deadline, and specific essay prompt, it is recommended to visit the scholarship's official website or reach out to the scholarship committee. They will provide the most up-to-date and accurate information regarding the LaKay Schmidt Scholarship.

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