Audit Finds Scholarship Tilted Toward Private Students

1 decade 2 years 7 months ago Friday, April 06 2007 Apr 6, 2007 Friday, April 06, 2007 1:20:06 PM CDT April 06, 2007 in News
Source: (Copyright 2007 The Associated Press All Rights Reserved.)
JEFFERSON CITY (AP) - A state audit finds students attending private colleges are eight times more likely to receive money under one state scholarship program than those at public colleges. That's largely because the Gallagher scholarship considers tuition cost in determining a student's financial need, and private four-year colleges generally cost much more than public ones. The audit found that in fiscal 2005, private college students received about 85 percent of the scholarships awarded through the program. The Higher Education Department proposed creating a new financial need-based scholarship program aimed more at how much a student can afford to pay, regardless of the college's cost. But it requires a change in law to take effect.

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