Another Bet on the Lottery
State Senator Luke Kenley (R-Noblesville) is getting ready to unveil his Lottery privatization plan. Under his proposal, which will be formally announced tomorrow, it would dedicate $600 Million to a life science fund that could be used at all Indiana public and private colleges. That fund would be overseen by the Indiana Department of Economic Development. The other $400 million would go towards awarding 1000 merit–ased scholarships with a minimum of one scholarship to every high school per year in the state. The funds would available to students in both public and private schools and dedicated toward “critical need” professions such as nursing and math and science. Students who get the scholarship would have to agree to stay in Indiana for three years or pay the money back. The scholarships would also be merit-based so a student in need who is not getting a scholarship would be a prime candidate.
