Community Budget Issue Requests - Tracking Id #2946FY0001 STARS
Requester:		Steve Madden			Organization:		Florida Prepaid College Foundation
Project Title:		STARS			Date Submitted:		2/16/01 4:32:37 PM
Sponsors:		Charlie Bronson
Statewide Interest:		Provides scholarships to economically disadvantaged at-risk students to attend college.
Recipient:		Florida Prepaid College Foundation			Contact:		Lee Baldwin
		1801 Hermitage Boulevard			Contact Phone:		(850) 566-3518
		Tallahassee 32308
Counties:		{Statewide}
Service Area:		Private Organization
Project Description:
To provide college scholarships to economically disadvantaged at-risk students. STARS (Scholarship Tuition for At-Risk Students) has a 96% success rate. The $10 million state funds will be matched with $10 million from 45 private organizations to purchase 3,500 scholarships. Students agree to stay drug- and crime-free to earn their scholarship. More than 12,500 scholarships have been purchased through the Foundation with the help of state funds totalling more than $22 million and private matching dollars. Project STARS serves as a national model for reducing the dropout rate and for preparing students for college.
Measurable Outcome Anticipated:
Providing approximately 3,500 scholarships a year to economically disadvantaged at-risk students will positively change the lives of these students. Targeted students have a 60% chance of dropping out of high school by the 10th grade before STARS enters their lives, yet program recipients have a 96% college graduation rate.
Amount requested from the State for this project this year:						$10,000,000
Total cost of the project:			$20,000,000
Request has been made to fund:				Operations
Type of funding match:		Local
	Total Cash Amount:		$10,000,000
Was this project previously funded by the State?							Yes
	Fiscal Year:		2000-2001		Amount:		$1,700,000
Is future-year funding likely to be requested?							Yes
	Amount:		$10,000,000
	Purpose for future year funding:					YesNon-recurring Construction and continuing purchase of scholarships
	Will this be an annual request?						Yes
Was this project included in an Agency's Budget Request?							Yes
	Agency:		Education, Department Of, And Commissioner Of Education
Was this project included in the Governor's Recommended Budget?							Yes
Is there a documented need for this project?							Yes
	Documentation:		Matching private funds have consistently been higher than government funds.
Was this project request heard before a publicly noticed meeting of a body of elected officials (municipal, county, or state)?							Unknown