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N.M. Senate votes to shift more lottery funds to scholarshipsNews Story
The New Mexico State Senate voted 39-1 Tuesday to ensure that more proceeds from the New Mexico Lottery go toward the scholarship fund and less go toward administration. Senate Bill 364 would require that at least 27 percent of revenue from lottery sales go toward scholarships starting July 1, and then at least 30 percent starting Jan. 1, 2009. Current law requiring that at least 50 percent of revenue go toward prizes will remain in effect. The bill comes on the heels of a report last fall
Feb 28, 2007, 10:27 am - Lottery News

N.C. Gov. calls for shift of lottery fundsNews Story
Easley wants to take from scholarships and give to pre-K program Gov. Mike Easley's spending plan for next year would shift profits from the N.C. Lottery toward a pre-kindergarten program at the expense of school construction and scholarships. Easley has asked legislators to change the law so that he can earmark more money for the More at Four program, which prepares at-risk 4-year-old children for school. Easley wants to add 10,000 spaces in the program, which currently serves more than 1
Feb 28, 2007, 9:54 am - Lottery News

Nationwide, lotteries pay for far more than educationNews Story
Martha Keller is a 78-year-old resident of Altoona, Pa., who frequently takes the bus from her apartment on Walnut Avenue to her doctor's office or the local senior center. Chandni Amin is a 19-year-old nursing student at Georgia State University in Atlanta. Keller and Amin have little in common save for one thing both are benefiting directly from money raised by state lotteries. Lotteries help pay for everything from education to economic development, buses to baseball stadiums. In Penn
Jan 31, 2007, 12:06 am - Lottery News

High rate of Tenn. Lottery scholarships are lost by bad gradesNews Story
There is a high probability that Tennessee college students with lottery funded scholarships will lose them. A state report found 64% of students who got the scholarships two years ago failed to qualify to keep them. In translation, roughly almost two out of every three students' did not make the grade. Of the money raised by the Tennessee Lottery, 30% goes to college scholarships. Figures, just now coming in for students who received the first bunch of scholarships in 2004, are not
Jan 19, 2007, 3:12 pm - Lottery News

Tech students to get nearly $1,000 from S.C. Lottery scholarshipsNews Story
Lottery-funded tuition assistance for students heading to technical college in South Carolina in fall has gone up to $996 and $83 per credit hour for part-time students. That's $60 more than was available for the summer semester. Full-time Midlands Technical College students from Richland, Lexington and Fairfield counties will pay $554 per semester in the fall. The State Board of Technical and Comprehensive Education set the lottery-funded scholarship for students at 2-year schools at $
Jul 13, 2006, 9:15 am - Lottery News

Tenn. Senator seeks more funds for lottery scholarsNews Story
A state lawmaker's crusade to increase the amount of Tennessee's lottery scholarships is raising concerns among his colleagues and the governor, who say giving full scholarships this early in the program may create a financial crisis down the road.Sen. Steve Cohen, the main sponsor of the bill that created the scholarships last year, said he wants them to fully cover tuition at the state's colleges and universities.Currently, scholarships cover about 75% of students' tuition and fees.Cohen, a Me
Dec 28, 2005, 7:54 am - Lottery News

All Kentucky lottery money to fund educationNews Story
Finally fulfilling the promise made 17 years ago to voters who approved a state lottery, all of the Kentucky Lottery's revenue will go directly to education beginning today specifically to fund college scholarships.That means students who meet financial criteria will get larger awards, and more students will receive both need-based and merit-based scholarships.A projected $167 million in lottery proceeds over the next 12 months will fund the scholarships an increase from $134 million last ye
Jul 1, 2005, 11:21 am - Lottery News

Georgia lottery bill would protect education fundsNews Story
Ralph Reed, a Republican candidate for lieutenant governor, on Thursday endorsed Georgia Gov. Sonny Perdue's call for a state constitutional amendment that would prevent lottery money from being used for anything except HOPE college scholarships, pre-kindergarten classes and building up financial reserves. Competition to the lottery from surrounding states is increasing, revenues will level off over the long haul, and we need this measure to ensure long-term fiscal solvency, Reed said.Reed's on
Jul 1, 2005, 8:48 am - Lottery News

Dispute erupts over use of Tennessee lottery fundsNews Story
Tennessee State Sen. Steve Cohen Thursday attacked Gov. Phil Bredesens pre-kindergarten initiative, saying the use of lottery money to fund the program is illegal and unconstitutional.Cohen (D-Memphis), the chief legislative architect of the state lottery, accused the administration of bringing intentionally low lottery projections to the legislature in 2003 numbers that ultimately led to the substantial surplus now available, he said.Bredesen called Cohens remarks astonishing.The lottery was de
Feb 4, 2005, 11:27 am - Lottery News

Tennessee Senator pushes for bigger lottery scholarshipsNews Story
Whitney McKinney has at least a year before she has to decide where she'll go to college. But the McGavock High School junior said she's already looking closely at two private universities in Tennessee and one in Georgia.If Tennessee adds $1,000 to $2,000 a year to its HOPE Scholarship, however, choosing between the Volunteer State and the Peach State won't be nearly as tough.''I think that would make a very big difference,'' McKinney said. ''It's a lot when I think about college tuition. Raisin
Jan 10, 2005, 10:54 am - Lottery News