School Systems Tout Huge Scholarship Dollars, But Not All Of The Money Is Used
In Maryland, the boasts are big: For the second year in a row, state leaders have bragged that Maryland’s high school graduates were offered more than $1 billion in scholarships for college. It is a heady pronouncement, more than double the total seven years ago.
Students from Oxon Hill to Baltimore were part of the big-dollar haul, including 3,600 Montgomery County graduates, about a third of the county’s Class of 2014. Their awards hit a record $342.7 million, or an average of about $95,000 each, according to district data.
But not all of that windfall for Maryland’s students translates into college funding.