| Georgia's
HOPE Scholarship
In September 1993,
Georgia instituted a lottery-funded college scholarship for the purpose
of "Helping Outstanding Pupils Educationally" (HOPE). Since
then, over $3.61 billion has been distributed to almost 1 million students
through the HOPE Scholarship, making it the largest state-financed,
merit-based aid program in the US. President Clinton designated it
as the model for the federal HOPE tuition tax credit, and over a dozen
states have established similar versions of the scholarship program.
There
are two separate components of the HOPE program, the merit-based
scholarship and the HOPE Grant. Eligibility for the former depends on a
student's high-school grade-point average, while the latter applies
to non-degree programs at technical schools and has no
merit requirements. An income cap of $66,000 was imposed in the first
year of the program. The cap was raised to $100,000 the following
year and eliminated entirely thereafter.
[more]
|
| HOPE
in the Media
"Fewer students to receive HOPE money because of
how grades are calculated",
Atlanta Journal Constitution, 31 Jul 07.
"It's Hard to Compete with Free", Chronicle of Higher
Education, 6 Oct 2006.
"College Aid Fails to Reach Needy", Atlanta
Journal-Constitution, 10 Sep 2006.
"Merit-Based
College Scholarships Reassessed", All Things
Considered, 11 May 2005.
"College
Scholarships: Weighing Merit vs. Need", Talk of the
Nation, 2 May 2005.
"As
Merit-Aid Race Escalates, Wealthy Often Win", Washington
Post, 19 Apr 2005.
[more]
|
| About
this Page
This site has
two primary purposes: (1) to disseminate our
research
regarding merit-based financial aid in general, and Georgia's
HOPE Scholarship in particular; and (2) to serve as an information
resource regarding merit-aid programs.
This material is based upon work supported by the
National Science Foundation under Grant No. 9986469. Any opinions, findings, and conclusions or recommendations expressed in this material are
ours and do not necessarily reflect the views of the NSF.
Last
updated 31 Jul 07 |
|
