Students earn $1.13 billion in scholarships

  • Tuesday, August 20, 2013

The Class of 2013 set a new record in South Carolina by earning over $1.15 billion in college scholarships, according to the South Carolina Department of Education (SCDE).  This is the second consecutive year South Carolina students have earned more than $1 billion in college scholarships since the SCDE began tracking the information.
This year’s senior class scholarship total was $1,151,748,643.  The scholarship totals came from an annual survey of South Carolina school districts, the Governor’s School for Science and Mathematics, the Governor’s School for the Arts and Humanities, and the South Carolina School for the Deaf and the Blind.  The following school districts did not participate in the college scholarship survey: Barnwell School District 45 and Orangeburg School District 3.
The numbers represent two-year scholarship values for technical colleges and two-year schools, and four-year totals for four-year colleges and universities.  The previous five years’ scholarship totals were $767 million (2008), $869 million (2009), $917 million (2010), $966 million (2011), and $1.063 billion (2012).  Since 2007, South Carolina students have earned $6.406 billion in college scholarships.
For the first time, school districts were asked to categorize college scholarship totals between those funded by the South Carolina Education Lottery and all other funding sources.  Lottery scholarships accounted for 31.6 percent of the total amount of scholarships earned, while all other scholarships accounted for 68.4 percent among school districts that categorized their data.  Scholarship totals are self-reported by school districts.

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