BOARD OF REGENTS
GOVERNOR'S RECOMMENDED FY 2012 BUDGET
1517 South Dakota Scholarships

MISSION:
The South Dakota Legislature authorized the development of the Opportunity Scholarship program in 2003 to provide financial support to South Dakota high school graduates who pursue their post-secondary careers in the state. Beginning with the 2004 graduating class, those students who obtained a 24 or higher on the ACT, and completed the appropriate high school curriculum are eligible to receive up to $5,000 in funding during their four years of college. The purpose for the program is to encourage students to complete a rigorous high school curriculum, remain in the state to attend a post-secondary institution, and then pursue a career in South Dakota after they have completed their degree.

  ACTUAL
FY 2009
ACTUAL
FY 2010
BUDGETED
FY 2011
REQUESTED
FY 2012
GOVERNOR'S RECOMMENDED
FY 2012
RECOMMENDED INC/(DEC)
FY 2012
FUNDING SOURCE:
   General Funds $3,935,557 $1,943,848 $3,939,358 $3,971,000 $3,971,000 $31,642
   Federal Funds 0 0 0 0 0 0
   Other Funds 0 0 0 0 0 0
      Total $3,935,557 $1,943,848 $3,939,358 $3,971,000 $3,971,000 $31,642
 
EXPENDITURE DETAIL:
   Personal Services $0 $0 $0 $0 $0 $0
   Operating Expenses 3,935,557 1,943,848 3,939,358 3,971,000 3,971,000 31,642
      Total $3,935,557 $1,943,848 $3,939,358 $3,971,000 $3,971,000 $31,642
 
Staffing Level FTE: 0.0 0.0 0.0 0.0 0.0 0.0

  ACTUAL
FY 2009

ACTUAL
FY 2010

ESTIMATED
FY 2011

ESTIMATED
FY 2012

REVENUES:  
      
Total

$0

$0

$0

$0
PERFORMANCE INDICATORS:  
   2004 Graduates 0 0 0 0
   2005 Graduates 498 0 0 0
   2006 Graduates 639 571 0 0
   2007 Graduates 840 715 669 683
   2008 Graduates 1,183 800 741 724
   2009 Graduates 0 1,100 803 811
   2010 Graduates 0 0 1,112 1,124
   Total Eligible Students 3,160 3,186 3,325 3,342

generated 11/18/10 03:56:00 PM