LANSING – The proposed $4,000 scholarship for all Michigan students completing at least two years of college will encourage more students to complete a degree and will be a boon to the state’s economy, Gov. Jennifer Granholm said in her weekly radio address.
The Michigan Promise Grant, approved by the House last week, would provide students who perform well on the Michigan Merit Exam $1,000 each year for the first two years of college or technical training and another $2,000 on the completion of that coursework. Students who do not score well on the test can qualify for the entire $4,000 by completing two years of college or training.
“Our message to all, not just some of our students, must be that to succeed in today’s economy, no one’s education can end at high school,” Granholm said. “As a state, we must greatly expand the opportunity to pursue a college education, particularly to children who grow up thinking that an education beyond high school is out of their grasp.”
Granholm noted studies that show states with higher levels of residents with college degrees have stronger economies.
The address is carried on Friday on Michigan Association of Broadcasters member stations and is posted on the governor’s website on Monday.
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