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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 This material may not be published, broadcast, rewritten or redistributed.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 68 292 15,244
MORTGAGES 116 400 19,320
FORECLOSURE NOTICES 0 0 2,278
BUILDING PERMITS 180 691 32,907
BANKRUPTCIES 65 228 11,374
BUSINESS LICENSES 24 103 4,914
UTILITY CONNECTIONS 54 227 18,457
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