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VOL. 126 | NO. 233 | Wednesday, November 30, 2011

Lawmakers Consider Halving Some Scholarships

AP

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NASHVILLE (AP) – A committee of Tennessee legislators is considering cutting in half the amount of scholarship money for some college students.

The cut being considered in the HOPE Scholarship program would reduce by 50 percent the funding for students who do not meet both the standardized testing and high school grade requirements.

The proposed cuts would most affect African-American students and those who attend Tennessee Board of Regents schools, according to The Tennessean (www.tnne.ws/rpfghK).

The bipartisan Lottery Stabilization Task Force is scheduled to meet Tuesday to consider the option which would save an estimated $13 million to $17 million annually. More than 100,000 students receive HOPE Scholarships.

Information from: The Tennessean, http://www.tennessean.com

Copyright 2011 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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PROPERTY SALES 109 433 13,330
MORTGAGES 114 591 17,349
FORECLOSURE NOTICES 11 93 3,391
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BANKRUPTCIES 76 352 12,695
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