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Committee reviews Scholarships & Grants budget; board director pledges improved performance reporting
Summary
The State Board of Education's Scholarships and Grants program presented its budget, described timing-driven spending, and said it will return better outcome data on programs including the rural and underserved educator incentive and the Opportunity Scholarship.
Kevin Campbell, budget analyst with the Legislative Services Office, reviewed the Scholarships and Grants program, which is administratively housed in the Office of the State Board of Education and oversees multiple scholarships and incentive programs.
Campbell said the program has 1.35 authorized FTP and that 99.5% of spending is trustee and benefit payments; personnel costs account for roughly 0.5% of the program. He noted that spending can vary because scholarship award cycles do not align neatly with the state fiscal year. Scholarships and Grants administers the Opportunity Scholarship, the Armed Forces and Public Safety Officer Scholarship, GEAR UP (Gaining Early…
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