Wednesday, April 7, 2004 · Last updated 1:07 p.m. PT
Ga. to raise scholarship requirements
By KRISTEN WYATT
ASSOCIATED PRESS WRITER
ATLANTA -- Lawmakers reached an agreement Wednesday to rescue Georgia's vaunted HOPE college scholarship program by raising the academic requirements.
Under the new standards, set to go into effect in 2007, students seeking a scholarship would need a 3.0 grade-point average - a B average - instead of a numeric average of 80, which in many schools is a C.
Georgia's HOPE program uses proceeds from the state lottery to send Georgia high school graduates to public or private colleges within the state. It has given out about $2 billion in scholarships to more than 700,000 students since 1993.
But the program could outstrip the lottery's ability to support it by the end of the decade. The fund paid out $21 million in scholarships its first year, and $440 million this year, and is expected to dole out $502 million next year.
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