Students in Eastern Kentucky last year received nearly $37 million in college scholarships and grants paid for by Kentucky Lottery proceeds. This is according to recently-released figures from the Kentucky Higher Education Assistance Authority (KHEAA). These funds were used to award nearly 24,000 scholarships and grants to eastern Kentucky students.
Statewide, more than $183.6 million in Kentucky Lottery proceeds paid for more than 120,000 scholarships and grants awarded during the 2009 fiscal year.
“The Kentucky Lottery plays a vital role in providing funding for direct benefits to students through Kentucky’s need-based grants and KEES scholarships,” said Edward J. Cunningham, executive director/ CEO of the Kentucky Higher Education Assistance Authority and The Student Loan People. “In fact, 95 percent of the $194 million awarded to help students pay for college or technical training in academic year 2008-2009 was made possible by lottery proceeds.”
Since the Lottery-funded scholarship and grant programs first started in 1998, more than 1,062,000 awards worth $1.36 billion have been distributed to Kentucky students.
“There’s no better investment in Kentucky than helping our young people increase their level of education,” said KLC President and CEO Arch Gleason. “I’m really proud Lottery proceeds we turn over to the Commonwealth go to helping Kentucky’s best and brightest pursue their college or technical school degree.”
Lottery proceeds are used to fund the Kentucky Educational Excellence Scholarship (KEES) program, College Access Program (CAP) grants and Kentucky Tuition Grants (KTG). KEES is a merit-based program, allowing any Kentucky high school student who attends a certified high school and achieves a 2.5 or higher GPA to earn scholarships to help pay for higher education at any eligible Kentucky college or technical college. CAP is a needbased grant program to provide access to Kentucky’s financially neediest students. KTG is a need-based grant program for students attending Kentucky’s independent institutions.
For more information on how to obtain a Lotteryfunded grant or scholarship, go to www.kheaa.com, call 1-800-928-8926, or contact the guidance counselor at your high school.
The Kentucky Lottery has earned more than $3 billion for the Commonwealth since 1989. KLC dividends pay for college scholarships, grants and literacy programs. Visit www.kheaa.com to find out more about grants and scholarships paid for by the KLC.