The Preferred Foundation, a corporate giving entity of Preferred Mutual Insurance Company, is awarding two college scholarships to local students. The candidate receiving the highest rating will receive $2,500 each year for up to four years. The runner-up will receive $1,000 each year for up to four years. Selection is based on careful review of the application, required documentation of academic performance and activities, and a personal interview by the Foundation Advisory Committee. Current high school senior students who plan to attend an accredited college/university and who attend a school in the Counties of Otsego, Delaware and Chenango in the State of New York and who have an academic standing (GPA) of 95 or higher are eligible. Applications must be completed and submitted electronically. To download an application, log on to preferredmutual.com/our-difference/community. All completed applications must be received no later thanApril 8, 2016.