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Tenn. Lottery produces $110 million in scholarships

Tennessee LotteryTennessee Lottery: Tenn. Lottery produces $110 million in scholarships

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 students.

The awards for this fall semester amount to about $110 million worth of scholarships. That's a little below projections for this year, but officials said more could be handed out in the spring semester.

"Given it's a new program, I'd like to urge caution," said Brian Noland of the Tennessee Higher Education Commission. "There are programs that tend to start small and get big."

Financial aid officers said they have already noticed that students are taking out fewer loans to pay for their schooling. Public schools themselves receive no extra money from the cash infusion, but it gives students a break from shouldering the burden themselves or finding other sources of financial aid.

The largest block of HOPE scholarships were awarded at Board of Regents universities, which received 36.5 percent of the awards for their students. The University of Tennessee system doled out 26.9 percent of the awards, followed by TBR community colleges at 19.2 percent and private colleges at 17.7 percent.

Already, the task force identified a few areas where the program falls short, including little help for nontraditional students, technology certificate programs at community colleges not eligible for the Wilder-Naifeh grants and the belief that large numbers of freshman will lose the scholarships heading into their sophomore year due to academic requirements.

Some schools expect that as many as 60 percent of the recipients won't clear the program's GPA and attendance programs and keep receiving the money in their second year. Once the scholarship is lost, a student can't ever regain it.

"We don't want this to be a one and done program," said David Hutton, financial aid director at Middle Tennessee State University.

At his school, roughly 95 percent of incoming freshman have qualified for the HOPE scholarship, which requires a high school GPA of 3.0 or a minimum score on one of two standardized tests.

The TBR said it was rolling out a number of initiatives to make sure students stayed academically eligible for the program, including midsemester meetings with students having trouble making grades, absence reports, letters for parents and more tutors for classes like math and science that tend to trip up freshman students.

"Student advising becomes very, very important in this process," said Paula Myrick Short, vice chancellor for academic affairs at TBR. "The advising takes on a serious note."

AP

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8 comments. Last comment 12 years ago by CASH Only.
Page 1 of 1

United States
Member #379
June 5, 2002
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Posted: September 3, 2004, 3:55 pm - IP Logged

Will any other state lotteries fund scholarships (other than Georgia & Tennessee)?

    DoctorEw220's avatar - alien helmet.jpg
    Yinzer Country, PA
    United States
    Member #4067
    March 18, 2004
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    Posted: September 3, 2004, 9:30 pm - IP Logged

    new mexico, west virginia, ohio, and a few more.  a lot of lotteries, such as south carolina, are strictly there for scholarships.

    I've redone my website.  Go to www.dr-ew.com.  I kept a lot of the old stuff, and I've added some new stuff.  Look for more new stuff in the coming weeks.

      Bradly_60's avatar - disney37
      Atlantic Mine, Michigan
      United States
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      June 23, 2002
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      Posted: September 4, 2004, 10:10 pm - IP Logged

      I wish Michigan did something like this.  I mean Michigan takes in over $600 million every year.  $100 million would be great to help us college students in the state.  That still leaves over $500 million for the public K-12 schools.  Us college students need money!  haha

      Brad

        four4me's avatar - gate1
        MD
        United States
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        June 18, 2003
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        Posted: September 5, 2004, 5:12 pm - IP Logged

         

        Bradly almost every state that has a lottery donates money for education. Read about Michigan at the link below

        color=#800080Education Funding

        11.3 billion for education in Michigan

        Big John says. You don't hit the number. The number hits you!!!!

                       I'm not Big John, I'm Four4me, Big John's a friend.
          DoctorEw220's avatar - alien helmet.jpg
          Yinzer Country, PA
          United States
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          March 18, 2004
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          Posted: September 6, 2004, 7:52 pm - IP Logged

          PA doesn't.  their profits go strictly to older residents.

          I've redone my website.  Go to www.dr-ew.com.  I kept a lot of the old stuff, and I've added some new stuff.  Look for more new stuff in the coming weeks.

            ONEDAY's avatar - DiscoBallGlowing
            OHIO
            United States
            Member #5328
            June 30, 2004
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            Posted: September 6, 2004, 7:59 pm - IP Logged

            thats why I play the lotter

            have a great winning day!

              Bradly_60's avatar - disney37
              Atlantic Mine, Michigan
              United States
              Member #416
              June 23, 2002
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              Posted: September 6, 2004, 8:44 pm - IP Logged

              I know that Michigan donated the proceeds to education, but they only donate it to K-12 education.  I was just saying it would be nice if they gave a small portion of that money as scholorships to michigan residents attending a michigan university or other college.

              Brad


                United States
                Member #379
                June 5, 2002
                11296 Posts
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                Posted: September 7, 2004, 4:23 pm - IP Logged

                Bradly: you have a point.