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Lottery scholarship bill approved; first scholarships to be awarded fall 2004

June 4, 2003

With the passage of a new bill, students with a 3.0 grade-point average or a score of 19 on the ACT will qualify for $3,000 in scholarships, whether they're headed for a public or private four-year college.

Tennessee lawmakers approved the much-debated bill before adjourning May 29. The full Senate approved the measure 27-6; the House passed it 73-23.

A seven-member board appointed by the governor will oversee and operate the games.
June 4, 2003

With the passage of a new bill, students with a 3.0 grade-point average or a score of 19 on the ACT will qualify for $3,000 in scholarships, whether they're headed for a public or private four-year college.

Tennessee lawmakers approved the much-debated bill before adjourning May 29. The full Senate approved the measure 27-6; the House passed it 73-23.

A seven-member board appointed by the governor will oversee and operate the games.

Winnings will be tax-free. Half the unclaimed prize money will go to after-school programs, the other half to the prize pot.

Needy and bright students will be eligible for an extra $1,000 scholarship.

Tickets could be sold as early as January, and the first lottery-funded scholarships will be awarded in Fall 2004.