Bright futures

BillyMc
Thu, 26 Aug 2010 20:53:54 +0000

It does not pay 100% of tuition, and doesn’t touch on room and board. The highest award amount is referred to as “100%” of what you can get from it. It is deceiving, and I thought the same thing a couple years ago, before I did the math. However, it is a great scholarship, and it would be great if every state did the same. If we’re going to have a Lottery, I’m glad the funds go to this.

Take the cost of attendance for a semester, subtract the number of credit hours you take that semester multiplied by your award amount, and use scholarships, grants, or (if necessary) loans to fill the gap.