Connecticut's Finish Line Scholarship Faces Funding Shortfall
Hartford News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Connecticuts Finish Line Scholarship Program, aimed at helping community college students complete debt-free bachelors degrees, is facing a significant funding shortfall. The program, which covers tuition gaps after federal aid, is expected to only assist a third of eligible students this fall due to budget cuts. The scholarship, which covers around $8,750 to $9,750 per student, was estimated to cost $7.7 million for 800 to 900 students. However, with a budget of just $3.85 million, the program is struggling to provide reliable aid. Lawmakers and officials are discussing limiting eligibility to those with full associates degrees to cut costs and boost completion rates. The college system estimates up to 5,500 eligible students, costing $49 to $54 million total, but theyre only asking for $10 to $15 million next year. The push for stable funding highlights tensions between ambitious education goals and tight budgets in Connecticut.
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