January 5, 2011 by USA Post
Georgia Lottery, Governor-elect Nathan Deal said he supports retaining the current requirements for the scholarship of teaching is hope, but the incoming governor said FOX 5 that further action will be taken to ensure that the popular program continues.
Potential changes to the Hope scholarship included a suggestion to increase the need for an average of 3.0 grade point eligibility Hope. But the governor-elect Nathan Deal said he supports the continuation Hope GPA standard at present.
Meanwhile, the governor-elect said, it is clear other changes will be made to the allocation of $ Hope, especially with increasing tuition at colleges and state universities.
Hope now serves about 200,000 students per year, but the program faces a projected deficit and 244 million this year and a deficit of 317 million next year.
Demand for the stock market is anticipating the lottery revenue, which funds the program.
At Georgia State University, student government leaders to discuss their own ideas. A plan to start Hope in the form of a temporary loan. Other suggestions include the implementation of a timetable for obtaining a diploma in Hope.
Hope financial reserves to cover the projected deficit, but state officials were told in the reserves will be exhausted soon if nothing is done. Deal governor-elect takes office next Monday.
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