Education funding has become a major cause for concern in United States . To solve this problem the state of Georgia enacted a scholarship program. HOPE scholarship stands for Helping Outstanding Pupils Educationally scholarship. HOPE scholarship is a university scholarship program, which was created by Gerogia. In the year 1993, Georgia government created HOPE scholarship through a law. The revenue
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generated from the Georgia Lottery is the prime source of funding HOPE scholarship. The Georgia Student Finance Commission holds the reins of HOPE scholarship. Since inception, Georgian government has distributed HOPE scholarship to the tune of $3 billion among 900,000 Georgian students.
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Eligibility for HOPE scholarship
- Students applying for HOPE scholarship must have eligible high school degree with a ‘B’ average or they must have minimum 3.0 GPA at the college stage at specific credit-hour checkpoints.
- Undergraduate students in eligible private college, public college, technical college or university in Georgia can also apply for HOPE scholarship.
- Meeting Georgia residency requirements is mandatory for HOPE scholarship.
- One must meet HOPE scholarship U.S. citizenship criteria or be eligible for non-citizen requirements while applying for HOPE scholarship.
- Applicants must comply with Selective Service registration requirements.
- Comply with Georgia Drug-Free Postsecondary Education Act of 1990 because students convicted for committing marijuana, controlled substances, dangerous drugs and other such crimes are ineligible for HOPE scholarship.
- Borrowers of student financial aid program are also ineligible for HOPE scholarship.
- Students are required to maintain satisfactory academic progress as defined by their respective college is mandatory for HOPE scholarship.
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HOPE scholarship aim
- Georgian government passed HOPE scholarship act in the legislature with the aim to help those Georgian students, who are talented but cannot study due to their financial weakness. The deserving students can get required financial aid through HOPE scholarship so that they can fulfill their dreams of higher studies.
- The government of Georgia also intends to check the brain drain from Georgia with its HOPE scholarship. The students, who are academically and financially strong, can take HOPE scholarship as an incentive to study in Georgia . This scholarship works as a temptation for them.
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Advantages of HOPE scholarship
- Georgian students need not to borrow student loans after getting HOPE scholarship. They get enough funding from this scholarship to fund their college fees.
- The money provided under HOPE scholarship is not for commercial use hence there is no liability on students to repay the money.
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Announcement of HOPE scholarship
Georgian government announces HOPE scholarship every year in the month of June. Guidance offices of Georgian high schools provide the scholarship details with academic transcripts of the undergraduate students to Georgia Student Finance Commission (GSFC). The GSFC is authorized to determine academic eligibility of students for HOPE scholarship. According to HOPE scholarship law, students get scholarship awards according to their institutions. There are separate scholarship awards for public and private institutions.
Scholarship scams
Students seeking scholarships must beware of scholarship scams. You must follow the guidelines provided by Federal Trade Commission on its official web site. You may receive a phone call saying that you have awarded HOPE scholarship. The person talking to you from other side of the phone will ask for money for HOPE scholarship. Students should not attend this kind of phone calls or reply to such alluring Emails. This is the only way to avoid HOPE scholarship scams.
