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Thursday, September 27, 2007

ACCESS MISSOURI SCHOLARSHIPS CUT BY 30 PERCENT

Due to higher than anticipated demand from financially needy college students, the state is cutting awards under the new Access Missouri Scholarship program by 30 percent from what was originally expected. Access Missouri combines two previous state scholarship programs and was created under an omnibus higher education bill the General Assembly passed this year.

Following the cuts, the new program is offering eligible students maximum scholarships of $1,500 a year to attend a public four-year university and $3,000 for private universities. When it was created, the program was expected to offer public school students $2,150 a year and private school students $3,600 annually.

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