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Sean Parnell on Education |
While a constitutionally protected fund would be the most secure in the long term, a designated fund with sufficient capitalization to provide the estimated $20 million annual need for Alaska Performance Scholarship awards will provide a sustainable funding stream.
With the Governor's Performance Scholarship proposal, all Alaskan high school students can earn tuition for an in-state university or job-training program. They must complete a more rigorous curriculum than what's now required to graduate from high school. But for students who take this curriculum, better grades will mean greater tuition awards. If a student maintains a C+ average but completes this more rigorous curriculum, they will earn 50% of their tuition; a B average will earn them 75% tuition and with an A average while taking this tougher curriculum, a young person will earn 100% tuition for an in-state university or job-training program. Merit scholarships work.