Panel OKs scholarship rules - KAIT Jonesboro, AR - Region 8 News, weather, sports

Panel OKs scholarship rules

FORT SMITH, Ark. (AP) - The Arkansas Higher Education Coordinating Board has approved rules that will govern scholarships funded by the new Arkansas lottery. The panel took the action on Friday amid concerns that the plan places too much emphasis on current high school students preparing to enter college.

The board classified current college students who enrolled directly after high school as nontraditional students, ignoring objections from members of the lottery's legislative oversight committee. The lottery's scratch-off ticket sales started on Sept. 28.

The state Department of Finance and Administration has estimated that the lottery's annual sales will generate net proceeds of $55 million.

 Lottery Director Ernie Passailaigue projected that the lottery would raise $102 million in scholarships in its first year, based on $400 million in ticket sales. --- Information from: Arkansas Democrat-Gazette, http://www.arkansasonline.com

 (Copyright 2009 by The Associated Press. All Rights Reserved.)

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