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