HOPE Scholarship Changes
Dear Class of 2011 and Class of 2012:
Today we received a letter from the Georgia Student Finance Commission stating that they are making changes to the HOPE Scholarship Program. The first announcement states:
"The HOPE Book Allowance award will be cut in half for all students, except for students that are eligible to participate in the federal Pell grant program. This change will be effective on July 1, 2011 for all HOPE Scholarship, HOPE Grant, and Accel awards and will impact awards made for the summer term of FY2012, which you might refer to as Summer 2011, and beyond. Students eligible to participate in the federal Pell grant program, even if their current program of study or enrollment status does not warrant actual Pell grant payment, will continue to be eligible for the Book Allowance at the current FY2011 award amount.
While the HOPE Book Allowance award amount will change on July 1 as required by current law, there is the strong likelihood that the Georgia General Assembly will pass new legislation enacting larger and more significant changes to the HOPE Programs that would effectively negate the HOPE Book Allowance award amount changes. ....you could see the elimination of all book and fees allowances plus some reduction in the tuition benefit".