Funding source: Lottery

$ spent per year: $323.0 million ('01-'02)

% hs grads who qualify: 56%

# students receiving it: 196,002 ('01-'02)

REQUIREMENTS: 3.0 GPA for HOPE scholars going to colleges and universities. No GPA requirement for students receiving HOPE grants to go to public technical colleges if they are not in a degree program.

PAYOUT: Covers full tuition and mandatory fees, plus $150 per semester for books per year at public colleges and universities; $3,000 annually for students attending private colleges in Georgia. Covers full tuition, mandatory fees and $100 per quarter for books at public technical colleges.

RENEWAL: 3.0 GPA checked every 30 hours for students at colleges and universities. No GPA requirement for students at public technical schools who are not in a degree program.

NOTE: Not expected to be enough money to continue funding program as it is currently set up.

FLORIDA Bright Futures

Funding source: Lottery

$ spent per year: $174 million ('01-'02)

% hs grads who qualify: 32%

# students receiving it: 98,000-plus ('01-'02)

REQUIREMENTS/PAYOUT:

--Florida Academic Scholars: (100% of tuition/fees plus $300 per semester for expenses) covers some private school costs... requires 3.5 GPA, 75 hours community service, 1270 SAT (or 28 ACT).

--Florida Medallion Scholars: (75% tuition/fees), requires 3.0 GPA, no community service, 970 SAT or 20 ACT

--Florida Gold Seal Vocational Scholars: (75% tuition/fees), requires 3.0 GPA, no community service, but does require minimum test scores such as SAT Verbal 440 and Math 440

RENEWAL: Evaluated for renewal at the end of each spring term. Need a 2.75 or 3.0 college GPA depending on the program

NOTE: 75% of first time recipients in '01-'02 qualified for renewal in '02-'03

MARYLAND HOPE

Funding source: State general fund

$ spent per year: $18.4 million ('01-'02)

% hs grads who qualify: Not Available

# students receiving it: 4,483 ('03-'04)

REQUIREMENTS: Must major in one of several eligible programs (from agriculture and natural resources to business and management to psychology); GPA of 3.0 or higher; family annual income of $95,000 or less. All applicants are ranked beginning with the highest cumulative grade point average. Recipients must agree to work full-time in Maryland, one year for each year of the award, or repay the scholarship with interest. You must begin the service obligation within twelve (12) months of graduation.

PAYOUT: $3,000 a year if going to a 4-year college. Funds may not be available for all eligible students.

RENEWAL: minimum 3.0 GPA

NEW MEXICO Lottery Success Scholarships

Funding source: Lottery

$ spent per year: $21.3 million (2002-2003)

% h.s. grads who qualify: 100%

# students receiving it: 19,900 ('02-'03)

REQUIREMENTS: Be a New Mexico Resident and have graduated from a New Mexico public high school, an accredited

NM private high school, or have obtained a New Mexico GED. Be enrolled full-time and complete 12 graded credit hours, at an eligible New Mexico public college or university, in the first regular semester immediately following high school graduation.

PAYOUT: Up to 100% of tuition at the NM public postsecondary institution, depending on funding availability. Students do not receive the award until their second semester.

RENEWAL: Have at least a 2.5 GPA each college semester. Limited to seven semesters.

TENNESSEE Education Lottery Scholarship Program

Funding source: Lottery

$ spent per year: Expected to be $177 million in first year (2004-2005)

% h.s. grads who qualify: expected to be 65%

# students receiving it: projected to be 65,000 students the first year

REQUIREMENTS: 3.0 GPA or 19 ACT (890 SAT).

--For extra academic supplement (General Assembly Merit) need 3.75 GPA and 29 ACT (1280 SAT)

--Need-Based Supplemental Award: a parent(s) adjusted gross income must be $36,000 or less. (Students may receive either the General Assembly Merit Scholarship or the Need-Based Supplemental Award in addition to the Tennessee HOPE Scholarship).

--Wilder-Naifeh Technical Skills Grant (to attend a Tennessee Technical Center)-- no GPA or ACT requirement

PAYOUT: Currently, $3,000 a year for a 4-year college, plus $1,000 a year for Need-based supplement or $1,000 for General Assembly Merit.

--HOPE Access Grant ($2,000) available only to freshmen and only to those who don't meet other HOPE requirements. Must get at least a 2.75 GPA and 18 ACT (860 SAT), and parent's adjusted gross income must be $36,000 or less.

RENEWAL: min. 2.75 GPA for first year and a 3.00 GPA after second, third, fourth, and fifth years. Must attempt 24 credit hours each year.

NOTE: The amount of the scholarship depends upon funding from the lottery and the type of school a student attends. Students cannot regain the scholarship once they lose it due to a low GPA or taking too few hours.

West Virginia PROMISE

Funding source: Video Lottery

$ spent per year: $17 million ('03)

% hs grads who qualify: about one third

# students receiving it: 4,300

Requirements: 3.0 GPA and composite ACT of 21 (1000 SAT)

PAYOUT: Full tuition to a state college or university or an equivalent dollar scholarship ($2,800) to an in-state private college.

RENEWAL: Must complete 30 credit hours in a 12-month period and get 3.0 GPA (2.75 GPA the first year)

NOTE: 73% of students qualify for renewal