State Scholarship Fund Out Of Money
Wednesday, March 7th 2007, 10:02 am
By: News On 6
OKLAHOMA CITY (AP) -- A fund to pay college scholarships for thousands of low-income Oklahoma students is out of money.
State higher education officials say the state doesn't have the more than $6 million to pay tuition to 22 colleges and universities for the Oklahoma Higher Learning Access Program scholarships.
State Regents for Higher Education Vice Chancellor Bryce Fair says regents are waiting for up to $22 million in supplemental funding from the state Legislature. Fair says the money is expected in time to pay the tuition during this semester.
Students from families earning less than $50,000 a year are eligible for the OHLAP scholarships. They must maintain a 2.5 grade point average, take preparatory courses and stay out of trouble.
To find out more about the Oklahoma Higher Learning Access Program, visit www.okhighered.org.