Students head back to campus thanks to help from the Kentucky Lottery
As faculty scholars throughout Kentucky head back to faculty, numerous them have proceeds from Kentucky Lottery gross sales to help pave the method.
Lottery proceeds supply each and every dime of the KEES scholarship ever awarded, a lot of which might be used in school campuses this semester. In addition, Lottery proceeds fund the need-based College Access Program and Kentucky Tuition Grants systems.
All advised, $three.four billion in Kentucky Lottery proceeds were used for the faculty scholarship and grant systems. These finances are a part of the $five.2 billion grew to become over to the Commonwealth from Lottery gross sales from 1989 through 2018.
“The beauty of the students using KEES money for this semester is that they didn’t even have to apply for it,” stated the Kentucky Lottery’s President and CEO Tom Delacenserie. “KEES funds are awarded based on a student’s GPA and ACT score, and that money automatically follows them when they stay here in Kentucky to attend college.”
This yr marks the 20th anniversary of the KEES program. “In that time, one in five Kentuckians have received a scholarship or grant paid for by Kentucky Lottery proceeds, and that’s a fact in which we take immense pride,” stated Delacenserie.
Those $three.four billion in scholarship and grant finances were raised thru price ticket gross sales in the Commonwealth. Record-breaking gross sales in FY19 manner extra finances to be had for those systems. “Sales of tickets like our $30 Break Fort Knox ticket — which have not only been successful but also still have a trio of $3 million top prizes available — have made an impressive impact,” Delacenserie stated. “95 cents of every dollar of non-loan student aid awarded in the Commonwealth has come straight from the sales of Kentucky Lottery tickets, and we know students are counting on us.”
More details about the KEES scholarship program can also be discovered on the Kentucky Educational Excellence Scholarship (KEES) site.