The Koch Scholarship Awards Program is a merit-based, competitive scholarship program for undergraduate students. Awards are based upon an independent scholarship committee’s evaluation of individual student achievements utilizing application materials submitted. The Foundation awards scholarships in the amount of $2,000 to dependents of full-time employees of Koch Industries, Inc., Koch Holdings, LLC, 1888 Management, LLC or any of their wholly owned subsidiaries** with a minimum of one year of service by March 1 of the current application year.