Scholarships awarded by DEMCO provide a $1,250 scholarship award to DEMCO member-students attending an accredited Louisiana public college or university to help with academic tuition.

The DEMCO Scholarship is a $1,250 award for high school seniors for each of two consecutive semesters. Applications are accepted in the spring and names are randomly drawn at the DEMCO annual meeting. DEMCO is allowed to use unclaimed deposits, refunds, and other money owed to former members to provide funding for the DEMCO scholarship program.

The DEMCO Foundation Scholarship is offered twice yearly, with deadlines of the 3rd Thursday in December and the 3rd Thursday in June. Operation Round Up funds this scholarship program to eligible DEMCO members.