Monday, February 11, 2013

Paying for the lottery shortfall — smaller scholarships

Posted By on Mon, Feb 11, 2013 at 8:02 PM

27 House members and Sen. Johnny Key have filed a bill to trim lottery scholarships to cope with lagging revenues.

As filed, the legislation ends two-track scholarships for two-year and four-year students. Instead, it would give $2,000 scholarships to students with fewer than 27 semester hours of credit; $3,000 for those with between 27 and 58 credits; $4,000 for 58 to 88 credit hours and $5,000 for those with more than 88 hours.

The bill seems to cover any college student at a two- or four-year college. (One wonders if the perpetual student could keep drawing $5,000 forever.) Currently, four-year students get $4,500 and two-year college students get half that

Tags: ,

Favorite

Speaking of Arkansas Lottery, college Scholarships.

  • Legislative committee refuses to OK lottery ad contract UPDATE

    January 18, 2017
    A review subcommittee of the Joint Budget Committee this morning failed to "review," or approve, the $34.5 million contract with CJRW to take over the Arkansas Lottery's marketing, which had been held by Mangan Holcomb. But that isn't the end of it. /more/
  • Challenges of lottery ad contract rejected

    January 5, 2017
    The latest on the contest of award of the contract to handle advertising for the Arkansas Lottery is a letter from the state procurement director,, Edward Armstrong, rejecting challenges to the proposed award of the business to CJRW. /more/
  • Protest filed over lottery's ad firm choice

    December 15, 2016
    Kyle Massey at Arkansas Business has a good rundown on a developing controversy in the advertising world — the Arkansas Lottery Commission's award of its advertising work to CJRW. /more/
  • Winners, losers

    December 15, 2016
    The Arkansas Lottery limps along with generally static revenue. It is under-producing money for college scholarships and the awards continue to lose ground against college tuition increases required by declining state general revenue support. /more/
  • Lottery ticket worth $1 million

    October 24, 2016
    William Tinzie of Forrest City claimed a $1 million prize with a $20 Golden Ticket purchased at Jordan's Kwik Stop in Wynne. /more/
  • Lottery reports revenue increase in July

    August 10, 2016
    The Arkansas lottery reported today that lottery ticket sales were up more than $6.5 million in July compared with July 2015, thanks in part to big sales of tickets in the national Powerball and Mega Millions games. /more/
  • Pine Bluff lottery ticket worth $1 million

    August 9, 2016
    Stacy Tackett of Pine Bluff won $1 million in a drawing from losing lottery tickets, the Play It Again contest, the state lottery announced. Her loser, which turned into a winner, was purchased at a Valero outlet in Pine Bluff. According to the lottery, she'll buy a  truck, set up trusts for her children and save the rest. /more/
  • Arkansas lottery up over previous year, still down from startup

    July 11, 2016
    Arkansas lottery sales in the year ending June 30 were up sharply over the previous year, if well below projections for scholarship proceeds when the lottery was established as well as earliest results /more/
  • Lottery revenue continues to improve against last year

    June 10, 2016
    The Arkansas Lottery reports that it netted $6.6 million in May for scholarships, about $200,000 above budget. That put revenue for the first 11 months of the budget year at $74.1 million, about $5 million above budget and $10 million above last year. /more/
  • Ray Thornton dies at 87

    April 13, 2016
    Arkansas Business reports the death this morning of Ray Thornton, 87, a former congressman, Arkansas Supreme Court justice and president of the University of Arkansas and Arkansas State University. /more/
  • More »

Comments (16)

Showing 1-16 of 16

Add a comment

 
Subscribe to this thread:
Showing 1-16 of 16

Add a comment

More by Max Brantley

Readers also liked…

People who saved…

Most Shared

  • Architecture lecture: Sheila Kennedy on "soft" design

    Sheila Kennedy, a professor of architecture at the Massachusetts Institute of Technology and founder of Kennedy & Violich Architecture Ltd., will give the June Freeman lecture tonight at the Arkansas Arts Center, part of the Architecture + Design Network series at the Arkansas Arts Center.
  • Petition calls for Jason Rapert Sewage Tanks in Conway

    A tribute is proposed for Conway's state senator Jason Rapert: naming the city's sewage sludge tanks for him. Petitioners see a similarity.
  • Health agency socked with big verdict, Sen. Hutchinson faulted for legal work

    A former mental health agency director has won a default judgment worth $358,000 over a claim for unpaid retirement pay and Sen. Jeremy Hutchinson is apparently to blame for failure to respond to pleadings in the case.
  • Religious right group calls for compromise on damage lawsuit amendment

    The Family Council, the religious right political lobby, has issued a statement urging its followers to oppose the so-called tort reform amendment to limit attorney fees and awards in damage lawsuits.
  • Constituents go Cotton pickin' at Springdale town hall

    Sen. Tom Cotton, cordial to a fault, appeared before a capacity crowd at the 2,200 seat Pat Walker Performing Arts Center at Springdale High tonight to a mixed chorus of clapping and boos. Other than polite applause when he introduced his mom and dad and a still moment as he led the crowd in a recitation of the Pledge of Allegiance — his night didn't get much better from there.

Visit Arkansas

Little River County gears up for Sesquicentennial

Little River County gears up for Sesquicentennial

Historical entertainment planned for joint celebration of three Southwest Arkansas milestone anniversaries

Most Viewed

Most Recent Comments

Blogroll

 

© 2017 Arkansas Times | 201 East Markham, Suite 200, Little Rock, AR 72201
Powered by Foundation