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Bright Futures Scholarship Program history
Bright Futures Scholarship Program company history timeline
At the program's peak in 2008, it provided scholarships to 39% of Florida high school graduates, including 94 percent of incoming freshmen and 70 percent of all undergraduates at the University of Florida.
At its height in 2008, the program was criticized for subsidizing the education of students from wealthy families using lottery proceeds collected largely from lower-income individuals.
The Florida Legislature enacted cuts to Bright Futures funding in 2011 by increasing the minimum SAT score required to qualify for the program.
The changes took full effect for the graduating class of 2014, increasing the minimum score for A students from 1280 to 1290, and increasing the minimum score for B students from 980 to 1170.
In 2014, the United States Department of Education launched an investigation of the Bright Futures program due to allegations of racial bias against black and Latino students, focusing particularly on its effects on students from Miami–Dade County and at Florida International University.
By the 2015–16 school year, the program covered only 20% of Florida high school graduates and paid an average of $2,000 per year.
In 2021, the book stipend was removed as part of the budgetary process.
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Bright Futures Scholarship Program may also be known as or be related to BRIGHT FUTURES, Bright Futures, Bright Futures Academy and Bright Futures Scholarship Program.