More than 90,000 Michigan students were promised the scholarships after qualifying by passing standardized tests while in high school. However, to try to close a $2.8 billion budget gap, lawmakers didn't include the $140 million program in the state budget passed for the fiscal year that started Oct. 1.
College Officials are saying A plan to bring back the Michigan Promise Scholarship as a tax credit for graduates is better than nothing, but more needs to be done to help students pay their tuition.
The Promise Scholarship would be brought back as a $4,000 tax credit students could claim after graduating from a Michigan university and then working for one year in the state, according to Granholm's proposal.
qualityg says ... Why do they call it a "Promise" scholarship and it was broken. Call it something new like "Hostage Scholarship" -- after all if you have to stay a year in Michigan and you can't find a job then it can't be a tax credit if you earned no income --- HA
My son graduated from Michigan State and Illinois University (grad)and came home to find a job. He lived in my basement for 10 months until he took a job in Maryland.

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