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S M T W T F S

Overview of the 2005-06 Lottery Recipients Report Released

8/30/2006
By:
jack
In the Second Year of the Tennessee Education Lottery Scholarship Program Over 6,400 Students in Tennessee Received $22.4 Million to Attend a Tennessee Private College or University 
 
Nashville, TN—Last year, nearly 6,400 undergraduate students from Tennessee received over $22.4 million in lottery award scholarships to attend a private college or university in the state, according to a report just released by the Tennessee Independent Colleges and Universities Association (TICUA).  
 
The report, Overview of the 2005-06 Lottery Recipients, highlights the trends in participation and persistence in the newly established Tennessee Education Lottery Scholarship (TELS) program by students attending TICUA member institutions.
 
“In just two years, this program has had a dramatic impact on student financial aid for thousands of students attending private colleges and universities in the state,” said Dr. Claude Pressnell, President of the Tennessee Independent Colleges and Universities Association. “As a result of this scholarship program, Tennesseans are in a better position to choose a college that
best fits their needs.”
 
For academic year 2005-06, over $19.5 million of the total lottery revenue awarded to students attending private colleges and universities went to students receiving the base HOPE award of $3,300. Of those students, 25% also received the supplemental Aspire award (which is based on a student’s financial need), and 12% also received the General Assembly Merit
Scholarship award, which is based on outstanding academic performance by a student.
 
According to the report, last year the majority (85%) of award recipients attending private colleges and universities were white, while 8% were African American, 2% were Hispanic, and 4% were unknown or not reported.   
 
 The report finds that 63% of all HOPE recipients attending TICUA member institutions were female, which is slightly higher when compared to total female enrollment at TICUA institutions.  In addition, Tennessee students from every county in the state except two (Clay and Van Buren) received a HOPE scholarship to attend a TICUA private college or university.
  
TICUA member institutions enroll proportionately higher levels of HOPE recipients when compared to the percentage of undergraduate in-state enrollment, according to the report.
 
From fall 2004 to fall 2005, the report finds that 61% of all student recipients of the HOPE base award attending private colleges and universities retained their award.  TICUA member campuses showed the most success at enabling student to retain their lottery award when compared to other sectors of higher education in Tennessee. 
 
The report finds that almost all students who lost their award lost it because they could not maintain the grade point average qualification.
 
Overview of the 2005-06 Lottery Recipients reflects data collected from TICUA member
undergraduate institutions from fall 2004 to spring 2006.  For additional copies of the report, please go to: www.ticua.org
 
TICUA engages Tennessee's private colleges and universities to work collaboratively in areas of public policy, cost containment, and professional development to better serve the state and its citizens.  For more information about TICUA, please visit our website at http://www.ticua.org