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Tennessee lawmakers eyeing surplus lottery money for pre-K initiativeNews Story
With millions of dollars in surplus lottery money projected this year, Tennessee lawmakers are debating how much should be used for pre-kindergarten programs, even though Gov. Phil Bredesen has said that he wants most of the money to go toward college scholarships.''The governor has said from the beginning we need to have a track record from the lottery,'' spokeswoman Lydia Lenker said. ''He has not yet put a number on what is going to go into pre-K.''Bredesen said he wants to establish a volunt
Jan 4, 2005, 8:52 am - Lottery News

Georgia lottery chief keeps education in the forefrontNews Story
Margaret DeFrancisco's mind, like that of many corporate chieftains, is always in marketing mode. Focus groups, retail outlets, promotional buzz and creating new products occupy her thoughts.But DeFrancisco shoulders a responsibility that transcends that of the typical CEO. How she performs as president and CEO of the Georgia Lottery Corp. impacts how many college-bound teens will be able to afford higher learning and how many kids have access to pre-kindergarten.Parents, students and lawmaker
Dec 20, 2004, 8:37 am - Lottery News

Tennessee lottery surplus has state officials scramblingNews Story
Pre-K, increased scholarship amounts, other school programs are possibilitiesTennesseans are playing the lottery, but not as many students as expected are taking advantage of college scholarships and state officials have not decided what to do with the surplus.The scholarship program is projected to have $115 million in excess this year and another $79 million next budget year.State Sen. Steve Cohen, who sponsored the lottery, wants the money to pay for pre-kindergarten classes and to increase s
Dec 15, 2004, 9:33 am - Lottery News

Tennessee Governor proposes lottery scholarships for adultsNews Story
Students who don't take the traditional route to college also should be eligible for help from the lottery-funded scholarship program, Tennessee Gov. Phil Bredesen said.Bredesen said it is common for a student to take a year or two off from college before returning and finishing. He also said people returning to school later in life should have a chance at the scholarships. My fundamental belief of this country is that it is a 'second chance' country and you hate to lose somebody because they ca
Dec 9, 2004, 8:36 am - Lottery News

Tennessee grants fewer lottery scholarships than projectedNews Story
Tennessee's HOPE scholarship program gave out fewer grants in its first year than state officials had expected.Some 30,000 Tennessee students attending college in-state this fall received the lottery-funded scholarships.But at one point it was projected that as many as 45,000 students would receive grants from the new scholarship program.Officials said the estimate was too high because it relied on inaccurate federal government projections of the number of high school graduates in the state.Also
Nov 30, 2004, 7:26 am - Lottery News

Tenn. Lottery produces $110 million in scholarshipsNews Story
Tennessee education officials took in early returns on the state's lottery scholarship program and began looking at ways it could be massaged in future years.Roughly 36,000 students have been given HOPE scholarships so far, awards worth $3,000 a year at four-year schools and $1,500 at community colleges. Roughly 10,000 Wilder-Naifeh grants have been given out at technology centers, the Task Force on Tennessee Education Lottery Scholarships was told Thursday. Those grants award $1,250 a year to s
Sep 3, 2004, 8:44 am - Lottery News

Georgia Lottery HOPE bill adds $4.5 million for schoolsNews Story
While legislators devised a way to say millions of dollars in the HOPE scholarship program, they added a cost of $4.5 million that will benefit students who attend private schools part-time.The annual $1,500 scholarships will go for the first time to about 3,000 students taking six to 11 credit hours each semester, according to state estimates.Some legislators who voted for the HOPE funding package, which was approved by the Legislature but has not yet been signed by Gov. Sonny Perdue, say they
May 12, 2004, 6:43 am - Lottery News

Tennessee Lottery may run short on scholarship funds in 2006News Story
Tennessee's lottery could be short of money to fund college scholarships within a couple of years if current projections of lottery revenue are correct, an analysis by the state treasurer has found.By the end of the 2006 fiscal year, the scholarship fund will be $13 million in the red, and the shortfall will be larger in subsequent years, the treasurer's analysis shows.This means legislators may have to cut the amount given for scholarships or tighten eligibility so fewer students receive them,
May 6, 2004, 7:51 am - Lottery News

Tenn. lottery scholarship standards under scrutinyNews Story
Some Tennessee students who qualify for the first lottery scholarships this fall may be slipping through a window that won't be open long.Current law says high school students with either a 3.0 grade point average or a 19 score on the ACT college entrance exam qualify for one of the lottery scholarships, which range from $1,500 to $4,000 a year.The first version of the lottery scholarship bill that passed last year required both a 3.0 GPA and a 19 on the ACT, with the standardized test score int
Apr 26, 2004, 7:00 am - Lottery News

Tennessee Lottery yields $64M for scholarshipsNews Story
Tennessee Lottery officials gave the state nearly $64 million Thursday to fund college scholarships.The transfer of $63,774,000 from the Tennessee Education Lottery Corp. to the bank account for scholarships represents the profits since the first scratchoff tickets were sold Jan. 20. It's the most exciting day in our history, lottery CEO Rebecca Paul told members of the Tennessee State Funding Board. The money comes from profits on $231.6 million in sales through March 31.She said the lottery e
Apr 16, 2004, 9:26 am - Lottery News