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Thursday, January 23, 2014

County Commission May Stop Funding Scholarships

Despite a $10 million balance that could theoretically fund the Educate and Grow Scholarship program at Vol State for nearly 20 more years, the County Commission is considering a proposal that would significantly reduce or possibly eliminate the program.

Over 5 years, the program has cost Sumner County roughly $500,000 and helped students meet tuition costs at Vol State.

Now, the program appears to be in jeopardy as Commissioners seem unwilling to fund its continuation.

Despite their cautious approach regarding the use of reserve funds for this purpose, Commissioners had no trouble using the same Hospital Fund to bailout the mismanaged county insurance trust.

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