The Halter Lottery passes | Arkansas Blog

Wednesday, February 24, 2010

The Halter Lottery passes

Posted By on Wed, Feb 24, 2010 at 3:51 PM

With House and Senate approval today of bills providing $5,000 lottery-funded scholarships for four-year college students and $2,500 for two-year college students, Lt. Gov. Bill Halter issues a news release to toot his horn.

No doubt about it. Credit or blame goes to Halter. Initial recipients of the money are the biggest winners. They benefit before colleges start ratcheting up tuition to capture the new money.


The approval today of legislation setting lottery-funded scholarship awards of $5,000 for four-year college students and $2,500 for two-year students is the latest in a series of victories for Arkansas students and families.
The Arkansas Scholarship Lottery is performing at a level that is exceeding all expectations.  Net lottery proceeds for college scholarships are projected to reach $112 million in the first 12 months.  Tens of millions of Arkansas dollars previously spent playing lottery games in five bordering states are now being invested in higher education here at home.
The Arkansas Department of Higher Education is just a few weeks away from notifying applicants that they meet the eligibility standards for scholarship awards that will pay a significant portion of their tuition upon admission to a public or private college or university in Arkansas.  Final notification of more than 25,000 Arkansans that they are scholarship winners will likely begin in May.   These winners will include graduating high school seniors, current Arkansas college students, and non-traditional adult students.
The culmination of what has been a three-year effort to bring a Scholarship Lottery to Arkansas comes in August, with the beginning of the 2010-2011 school year.  That’s when the scholarship dollars will be deposited into Arkansas students’ accounts at state colleges and universities – two-year and four-year, public and private.
Thank you, HOPE for Arkansas, for collecting the signatures needed to place a constitutional amendment authorizing a Scholarship Lottery on the November 2008 General Election ballot.  Thank you, Arkansas voters, for approving the Scholarship Lottery Amendment by a nearly 2-to-1 margin.  Thank you, Arkansas legislators, for fulfilling the will of the people by establishing the Scholarship Lottery as state law and setting the scholarship awards.
Thanks to everyone involved for bringing us nearer the day when all Arkansans who work hard and play by the rules will have the opportunity for a higher education.

From the ArkTimes store


Comments (12)

Showing 1-12 of 12

Add a comment

Subscribe to this thread:
Showing 1-12 of 12

Add a comment

More by Max Brantley

  • More criticism of UA proposal to change tenure policy

    Reason is among the latest to offer critical commentary of a proposal from University of Arkansas System lawyers to change the tenure policy so that a lack of collegiality could be used as a justification for firing a tenured professor.
    • Nov 23, 2017
  • The Clintons

    I wasn't particularly excited about the 25th anniversary celebration of Bill Clinton's election. Life goes on.
    • Nov 23, 2017
  • The Thanksgiving eve open line

    Here's an open line. And a batch of headlines for the day before Thanksgiving.
    • Nov 22, 2017
  • More »

Readers also liked…

  • IHOP coming down, but .....

    I always scan the Little Rock City Board for items of interest this week and this one caught my eye: A zoning measure required by a proposal to tear down the IHOP at Markham and University.
    • Apr 30, 2016
  • Baseball fans have a new place to stay

    If you missed out on Razorback baseball home games this year because you couldn’t find a great place to stay, your problem is now solved: Staybridge Suites of Fayetteville is now fully renovated and located directly across from Baum Stadium, with free parking for hotel guests.
    • May 22, 2017
  • Saturday's open line

    Got any thoughts? Put them here.
    • May 21, 2016

Most Recent Comments



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