Recent Hancock High School graduate Wayne Keefer wrote that Hancock's family-owned restaurants served some of the best food around.
His fellow graduate, Danielle Yost, described the town as a safe, comfortable place.
Both Yost and Keefer, who graduated this year, each received $500 scholarships for their essays about life in Hancock.
The Hancock Town Council awarded the scholarships, paid for by Pepsi, at Wednesday night's Town Council meeting.
Despite it being a small town, Yost wrote that there was "always something to do" in Hancock. She also said she felt safe and comfortable walking around town and leaving her doors unlocked.
She also said kids aren't hassled by police just for hanging out.
"It's fun. It's comfortable," Yost wrote. "Whatever I do, I'm safe."
Keefer wrote that he, too, enjoyed living in Hancock. The town has a lot of activities, such as hiking on the towpath and riding bikes on the Rail Trail, and the people are friendly, he wrote.