Community Budget Issue Requests - Tracking Id #1738FY0102

Project STARS

Requester:

James Kotas

Organization:

Florida Prepaid College Foundation

Project Title:

Project STARS

Date Submitted:

1/18/2002 2:49:13 PM

Sponsors:

Donald Sullivan

Statewide Interest:

Provide scholarships to economically disadvantaged students to attend college.

Recipient:

Florida Prepaid College Foundation

Contact:

James Kotas

1801 Hermitage Boulevard

Contact Phone:

(850) 488-8514

Tallahassee 32308

Counties:

{Statewide}

Gov't Entity:

Private Organization (Profit/Not for Profit):

Yes

Project Description:

To provide college scholarships to economically disadvantaged at-risk students.� STARS (Scholarship Tuition for At-Risk Students) has a 96% success rate.� The $10 million state funds will be matched with $10 million from 45 private organizations to pruchase 3,500 scholarships.� Students agree to stay drug-and-crime free to earn their scholarship.� More than 12,500 scholarsips have been purchased through the Foundation with the help of state funds totalling more than $22 million and private matching dollars.� Project STARS serves as a national model for reducing the dropout rate and for preparing students for college.

Measurable Outcome Anticipated:

Providing approximately 3,500 scholarships a year to economically disadvantaged at-risk students will positively change the lives of these students.� Targeted students have a 60% chance of droppig out of high school by the 10th grade before STARS enters their lives, yet the program recipietns have a 96% college graduation rate.

Amount requested from the State for this project this year:

$10,000,000

Total cost of the project:

$20,000,000

Request has been made to fund:

Operations

What type of match exists for this project?

Local, Private

Cash Amount:

$10,000,000

Was this project previously funded by the State?

Yes

Fiscal Year:

2001-2002

Amount:

$1,700,000

Is future-year funding likely to be requested?

Yes

Amount:

$10,000,000

Purpose for future year funding:

continuing purchase of scholarships

Will this be an annual request?

Yes

Was this project included in an Agency's Budget Request?

Yes

Agency:

Education, Department Of, And Commissioner Of Education

Was this project included in the Governor's Recommended Budget?

Yes

Is there a documented need for this project?

Yes

Documentation:

Matching private funds have been consistently higher than government funds

Was this project request heard before a publicly noticed meeting of a body of elected officials (municipal, county, or state)?

Unknown