Georgia Launches Needs-Based College Scholarship Program
Savannah News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Georgias DREAMS Scholarship Program: A New Era of Financial Aid for Students
Georgia lawmakers have fully funded the states first needs-based college scholarship program, DREAMS, with a budget of $325 million. This move, matching Governor Brian Kemps original proposal, marks a shift from merit-based aid to broader financial assistance for students facing financial gaps. The program, starting with $25 million for fall 2026 and a $300 million endowment, aims to reduce debt and dropout rates among Black students and others with good grades but partial aid. Eligible Georgia residents can receive up to $3,000 a year for eight semesters if they have unmet needs after other aid and part-time work or volunteering. The Georgia Student Finance Commission will oversee the program, ensuring better tracking and access for all qualifying students across schools.
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