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Community Budget Issue Requests - Tracking Id #2606 |
Project STARS |
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Requester: |
James Kotas |
Organization: |
Florida Prepaid College Foundation |
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Project Title: |
Project STARS |
Date Submitted |
1/15/2003 3:56:11 PM |
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Sponsors: |
Alexander |
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Statewide Interest: |
Provide Scholarships to economically disadvantage students to attend college |
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Recipient: |
Florida Prepaid College Foundation |
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Contact: |
James Kotas |
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1801 Hermitage Blvd |
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Contact Phone: |
(850) 488-8514 |
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Tallahassee 32308 |
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Counties: |
{Statewide} |
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Gov't Entity: |
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Private Organization (Profit/Not for Profit): |
Yes |
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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 purchase 3,500 scholarship. Students agree to stay drug and crime free to earn thier scholarship. More than 12,500 scholarship 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. |
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Is this a water project as described in Chapter 2002-291, Laws of Florida? |
No |
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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 dropping out of high school by the 10th grade before STARS enter their lives, yet the program recipients have a 96% college graduation rate. |
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Amount requested from the State for this project this year: |
$10,000,000 |
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Total cost of the project: |
$20,000,000 |
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Request has been made to fund: |
Operations |
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What type of match exists for this project? |
Local, Private |
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Cash Amount |
$10,000,000 |
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Was this project previously funded by the state? |
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Yes |
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Fiscal Year: |
2002 |
Amount: |
$3,600,000 |
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Is future-year funding likely to be requested? |
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Yes |
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Amount: |
$10,000,000 |
To Fund: |
Operations, continuing purchase of scholarships |
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Was this project included in an Agency's Budget Request? |
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Yes |
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Agency |
Education, Department Of, And Commissioner Of Education |
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Was this project included in the Governor's Recommended Budget? |
Yes |
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Is there a documented need for this project? |
Yes |
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Documentation: |
Matching private funds have been consistently higher than government funds |
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Was this project request heard before a publicly noticed meeting of a body of elected officials (municipal, county, or state)? |
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Unknown |