Tuesday, July 31, 2012

More Than 9,000 AR College Students At Risk of Losing Scholarships

More than 9,000 Arkansas college students are at risk right now of losing their lottery scholarships and an estimated 4500 will likely lose them this coming academic year, according to figures from the Arkansas Department of Higher Education.

"That money is gone, yes," said Shane Broadway, the department's director.

In sum, 4500 students last year lost their scholarships totaling $27 million. Broadway has said the money cannot, by law, be recouped. The department calculates that loss going into the next year.

The department estimates 70 percent of the students who are currently at risk will bounce back. They have until Oct. 1 to get their grades up.

In order to maintain their scholarships, students must have a minimum 2.25 grade point average.

Source: http://arkansasmatters.com/fulltext?nxd_id=565922

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